A Law Issue On Personal Credit Risk

It's very important to develop personal loan business, especially in the current phase of national economic development. The functions of personal loan business are not limited to improve living standard and quality of citizens. Actually, it also has very important functions of promoting consumption, expanding internal demands, supporting sustainable and rapid development of national economy, advancing credit structures and quality of loan assets of commercial bank, etc. after 90s of 20th century, accompanying drastic competition of global banks, famous overseas banks restructuring their business stratagem to focus eyes on consumption loans which leads to a low capital consumption. It's obvious that the fast development of retail banking business has been the basic trend of structure evolution of international banking business. In recent years, major domestic commercial banks has launched adjustment of loan structures and actively carried out the retail banking business development stratagem in order to avoid capital restriction and increase profit ability. But many facts show that large expansion of personal loans in overseas banks leads to high risks. For example, the sub-prime mortgage loan crisis starting from America and affecting the world tells us all banks must think much of risk of personal loan business. Therefore, the advanced study on risk management of personal loan is very meaningful for the bank.The article is divided into four parts, the first chapter for the commercial bank personal credit business overview, a brief introduction to the history of consumer credit business development and the status quo, as well as the definition of consumer credit business and classification, with an emphasis on the individual types of credit risk and risk of reasons. Chapter II for foreign commercial banks in credit risk management experience in operations, detailing the United States, Britain, France, Australia and other countries and regional commercial banks in credit operations and the development of history, detailing the U.S. sub-loan crisis on our country's Inspiration. Chapter III of the domestic commercial banks for credit risk management business and the issue of the status quo, a brief introduction of the domestic commercial banks in credit risk management business and its current status, focusing on analysis of existing problems and causes. Chapter IV of the domestic commercial banks to strengthen credit risk management countermeasures and suggestions, summarized in the first three chapters of analysis on the basis of the domestic commercial banks around the establishment of individual credit risk management system, a sound system of personal credit, consumer credit legislation to speed up and improve the banking management and the establishment of the system of personal bankruptcy proposals.