Study On Credit Risk Management In Commercial Banks Of China

Credit risk in commercial banks has become the main financial risk in China, the levels of credit risk management in commercial banks will directly inflect the stabilization of our whole financial system. With the promise to open banking industry is fulfilled step by step and the development of economy and finance globalization and financial innovation, the competition commercial banks faces are intense day by day. Foreign financial institutions have higher levels of credit risk management, have already develop and adopt a series of advanced technology to measure and manage credit risk, as the direction of advanced risk management of banking industry around the world, Basel Accord II also propose more demands and challenges to credit risk management in commercial banks of China. Our commercial banks only study foreign advanced credit risk management technology, draw close to demands of Basel Accord II as quickly as possible, can they win the competition. This paper is divided into five sections. Chapter 1 introduces the significance of the issue selected, the connotation and features of credit risk, present research situation of the topic at home and aboard and the key research of this paper. Chapter 2 introduces the present situation of credit risk management in commercial banks of China, including reform measures and results, analyzes the problems in credit risk management at present. Chapter 3 looks back to the development course of analyses way of credit risk. In the cite of credit risk measurement models, this paper introduces the basic idea, advantages and defects of some important credit risk measurement models, analyzes if these models will be applicable to China now, and draw a conclusion that these models don't suit our country at present. In chapter 4 this paper proposes some ideas about applying statistics and analyzing way to credit risk management in our commercial banks, establish some statistics models and conduct empirical tests on these models, and draw a conclusion that principle component logistic model is a effective way to distinguish credit risk of our enterprises at present. In chapter 5 this paper gives some Countermeasures to credit risk management in commercial banks of China. They are: enhancing construction to internal control rules of credit risk in commercial banks; perfecting construction to database of credit risk management; training advanced management talented people of credit risk actively; trying to heighten technical level of credit risk measurement and management of commercial banks; quickening the commercial banks' pace to build social credit system, building legal system of credit risk management of commercial banks in China.