商业银行以物抵债资产膨胀现象的经济分析

本文通过对我国商业银行抵债资产的生成机理及外部影响因素的分析,得出以下结论:抵债资产膨胀与拖延处置预示着银行体系内部不良债权的逐渐累积,并将导致商业银行对以物抵债手段的日趋依赖而影响其改革进度;商业银行长期存在的体制性内因及外部环境因素的约束,使其不具有抵债资产处置上的激励;抵债资产处置必须找到政府、企业及商业银行三者利益的结合点,而如何协调好与地方各级政府的关系已成为抵债资产处置的关键;抵债资产处置必须具有超前性,合理预期抵债资产的变现能力和设计有效的保护措施是必要的前提。

An Economic Analysis of the Spreading Phenomena of Paying Debts in Kind by Commercial Banks

Based on an analysis of the cause and external factors of paying debts in kind by commercial banks in our country, it isconcluded that: growth and default of debt- paying assets means the gradual accumulation of internal bad creditors! rights within the bankingsystem, and commercial banks are more inclined to pay debts in kind, thus slowing down their reform; constrained by long- existing internaland external factors, they are unmotivated in disposing debt- paying asset; a point which combines the interest of government, enterprises andcommercial banks should be found out, while how to coordinate the relationship with governments at all levels is a crucial issue to be dealtwith as far as debt- paying asset is concerned; and debt- paying assets should be handled far- sightedly with a prerequisite that their cashingability is reasonably expected and protective measures effectively designed.