Based On The New Basel Capital Accord Of China's Commercial Bank Credit Risk Internal Ratings Research

With the trend of economic globalization, strengthening the financial market instability is also growing, national commercial banks have met with varying degrees of credit risk challenges. The Basle Committee has in 1988 and 2004 Capital Accord established as evaluating national banking capital standards and supervision capacity of the international standards. The second half of 2006, the originator of the U.S. sub-prime crisis, in the year in August 2007 after the sudden sweeping global financial markets and triggered a financial crisis. After the global economic crisis, the external rating agencies has been widely criticized because of their ratings to some extent misleading investors. As a result, commercial banks IRB to carry out research work seems not wait.In this paper, a combination of theory and practice, quantitative analysis and qualitative analysis of a combination of research methods to the new Basel Capital Accord, internal ratings-based approach advocated by the theoretical basis of analysis of China's commercial banks and the implementation status of implementation of internal rating IRB method in the existence of obstacles to China's banking industry, by drawing on the advanced experience of foreign countries against the status quo of China's commercial banks as well as the lack of internal ratings, explored the New Basel Capital Accord, internal ratings-based approach advocated by the banking industry in China in the use of proposed " successive approximation type "the risk of search mode suited to China's regional economic differences between large and volatile industry, operating, corporate financial data as well as the bank's internal moisture more than the reality of higher risk of moral hazard, the final design suitable for the characteristics of China's commercial banks internal rating process and rating system overall framework.Although, China's commercial banks to strengthen credit risk management has gradually established their own internal credit rating system, but in comparison with advanced bank, China's commercial banks and financial markets is still in transition and emerging stages of development, risk management technology is still lagging behind . Compared with the advanced western banks, and our internal rating rating, whether in the work of the organization, building rating system, the use of rating methods, collecting and processing data, or in the inspection ratings, etc. are all there exists a huge gap.So far, China has not a commercial bank to establish a sound internal rating system, the primary, let alone the advanced internal rating system has. Therefore, China's banking sector is currently the most urgent task is to actively study the internal ratings-based approach, drawing on the experience of international banks to develop for their own internal rating system, as soon as possible to enhance credit risk management.