中小银行发行减记债补充资本的困惑与出路  

The Confusion and Way out for Small and Medium-sized Banks to Issue Write-downs to Replenish Capital

作　　者：王发林 WANG Falin

机构地区：[1]中央财经大学法学院,北京100081

出　　处：《吉林金融研究》2021年第1期36-39,共4页Journal of Jilin Financial Research

摘　　要：巴塞尔协议Ⅲ对资本的质量提出了更高的要求,强调资本具有吸收损失的能力。为了达到巴塞尔协议Ⅲ中资本构成的要求,我国推出了减记债这一新型的资本工具。减记债在补充资本、促进商业银行稳定发展方面具有积极作用。但是减记债的发展也面临着一些困难,如相关法律法规的缺失、资本工具本身设计的不合理、市场和投资者的接受程度以及如何减少道德风险。Basel Ⅲ.emphasizes that capital has the ability to absorb losses.In order to meet the requirements of capital composition in Basel Ⅲ,China has introduced a new type of capital instrument of debt write-down,which has a positive role in replenishing capital and promoting the stable development of commercial banks.But the development of debt write-downs also faces some difficulties,such as the lack of relevant laws and regulations,the unreasonable design of capital instruments themselves,the acceptance of markets and investors,and how to reduce moral hazard.

关 键 词：减记债 二级资本债 包行二级债 商业银行资本监管 

分 类 号：F830[经济管理—金融学]