地方政府专项债定向补充中小银行资本机制、问题与对策探析  

An Analysis of the Mechanism,Problems and Countermeasures of the Local Government’s Special Debt Replenishing the Capital of Small and Medium Banks

作　　者：李禾 袁杨[1] Li He;Yuan Yang

机构地区：[1]中国人民银行自贡市中心支行,四川自贡643000

出　　处：《金融理论与实践》2022年第5期48-60,共13页Financial Theory and Practice

摘　　要：资本是中小银行①经营实力的反映,对中小银行稳健发展、损失吸收和风险抵御至关重要。近年来,受经济增速放缓,特别是新冠肺炎疫情等因素冲击,中小银行资本持续承压,资本补充引发各方高度关注,国务院2020年决定安排一定额度地方政府专项债合理支持中小银行补充资本金,为中小银行资本补充提供新的模式和资金来源。以全国20个省份地方政府专项债定向补充中小银行资本实践为基础,深入研究专项债补充中小银行资本的机制及路径,剖析典型案例,分析专项债的主要优势及存在的问题,从保持政策连续性、加强效果评价、完善配套体系以及建立多层次资本补充体系等方面提出了对策建议。Capital is the reflection of the operating strength of small and medium banks, which is cru-cial to the steady development, loss absorption and risk resistance of small and medium banks. In re-cent years, the economic growth continued to slow, especially affected by COVID-19 and other fac-tors, capital pressures continue to cause pressure on small and medium banks, capital replenishment has aroused great concern. The State Council in 2020 decided to arrange a special local government debt quota to support small and medium banks to replenish capital, providing new models and sourc-es of capital for small and medium banks. In this paper, based on the practice of directional capital supplement of small and medium banks with special bonds of local governments in 20 provinces, the mechanism and path of special bonds to supplement the capital of small and medium banks were deeply studied, typical cases were analyzed, and the main advantages and existing problems of spe-cial bonds were analyzed. Some countermeasures and suggestions are put forward from the aspects of maintaining policy continuity, strengthening effect evaluation, perfecting supporting system and es-tablishing multi-level capital supplement system.

关 键 词：地方政府专项债 中小银行 资本补充 

分 类 号：F832.35[经济管理—金融学]