Research On Institutional Innovation Of The Credit Risk Management Of China's State-owned Commercial Banks

Accompanied with the globalization of the economics and the financial markets, the financial risk in each country is increasing which has led to the constantly financial crisis. The credit risk of the state-owned commercial banks is the key risk of china's financial risk. To innovate the interior and external institutions of the state-owned commercial banks is the most important step for us to prevent and control the credit risk efficiently. This paper uses the empirical analysis method, the historical analysis method, the contrastive and inductive analysis method and the systematic comprehensive approaches to probe into the institutions of china's state-owned commercial banks. The main contents and results of the researches are as fellows:1)By the ways of game theory , suggestions about how to innovate the banks' own institutions are put forward in the aspects of perfecting the interior-control institutions, improving the systems of risk prevention, diversion and dispersal, and setting up a new bank-enterprise relationship. The institutions of this part mainly include organizational institution, operating system, authorization management institution, loan ration institution, interior supervision institution, loan responsibility institution, electronic risk-control system, internal credit-evaluation system, loan-tracing institution, loan-insurance institution, main bank system.2)The researches on the institutions of the external environment mainly discuss the reform of the property right institution of state-owned commercial banks. This part also proposes to expedite the reform of state-owned enterprises, promote the development of capital market to broaden the source of direct financing, build the social credit system, perfect the relative legal system.3)On the basis of the recently achievements of the external supervision andregulatory practices against the credit risk, this sector puts forward some suggestions of how to perfect the external supervision and regulation, including the banks' credit appraisal system, the banks' information disclosure institution, sharing institution of the enterprises' credit information, the allowance system for the un-performing loans, making up the increasing system of the banks' capital. In the end, this paper discusses the two operation models of commercial banks and proposes a progressive developing strategy for commercial banks during the transformation period from the current business segregation to universal operation.