According to the industry report data of Industrial Research Institute, the scale of China's supply chain finance market will reach about 15 trillion yuan in 2020, and supply chain finance ABS came into being. By the end of April, 1965, four core enterprises, 438+07 and * * *, had issued ABS5 bills for supply chain finance, with a total issuance scale of 22.749 billion yuan.
The basic types of supply chain financial ABS: according to the issuer, the securitization products of supply chain financial assets that have been issued in the market at present can be divided into internet companies and traditional industry core enterprises; According to the classification of basic assets, it can be divided into factoring and microfinance. Among them, the ABS highlights of Internet supply chain finance are the most prominent! Internet supply chain finance ABS not only broadens the financing channels of SMEs, reduces the financing costs of SMEs, but also improves the circulation efficiency of the whole supply chain, fully combines the advantages of Internet finance and supply chain finance, and improves the quality of asset pools. Internet companies organically integrate the business flow, logistics, information flow and capital flow in the supply chain, dig deep into the upstream and downstream information of the supply chain, and provide customers with targeted products and services such as credit enhancement, financing, guarantee, settlement, account management and risk management. These supply chain financial services not only broaden the financing channels of SMEs, reduce the financing costs of SMEs, but also improve the circulation efficiency of the entire supply chain.
The future trend of ABS in supply chain finance: the basic assets of ABS in supply chain finance are mostly creditor's rights, while blockchain technology does not need the help of a third party to present the credit records of counterparties. A series of technical features are combined with ABS industry to solve the problem of trust in the quality and authenticity of basic assets. Aiming at the credit problems such as asymmetric information in ABS, factoring creditor's rights is one of them. The introduction of blockchain makes every transaction in the supply chain accessible and open to all participants, thus strengthening the transparency and accountability of the basic assets. With the rapid development of blockchain and technology and finance science and technology, supply chain finance will continue to innovate in the future, which is expected to become the future blue ocean in the field of asset securitization.