Research On Risk Evaluation Index System Of Financial Leasing In China

Financial leasing due to their own outstanding advantage, since after appearing, is developing rapidly in all over the world. Financial leasing, in many developed countries, has become the third largest financing style, after the capital market and bank credit. In March 2007, China banking regulatory commission released revised"financial leasing company management method ", Industrial and Commercial Bank of China, Bank of Communications, China Construction Bank, China Minsheng Bank and China Merchants Bank etc five Banks in the form of sole proprietorship or joint venture established financial leasing company. In late 2007, five financial leasing companys has been successively awarded financial leasing licence by CBRC and then formally practice operation. This marks financial leasing industry doors to commercial Banks open formally after closed almost ten years. Then, our financial leasing industry appear tblowout growth, financial leasing transaction volume increased to 350 billion yuan in 2009 from 55 billion in 2007, average annual growth is up to 153.81%. With the rapid development at the same time, we must soberly realize all kinds of risk exist in our current financial leasing. We must comprehensivly analysis risks in the process of financing lease and manage all risk effectively. Which are necessary conditions in order to lead China's financial leasing industry keeps healthy and sustained development.This paper firstly studied the definition, characteristic and classification of financial leasing, which has been clear about the financial leasing category and then summarizes the lease financing risk characteristics. Soon afterwards, this paper studies the financial leasing development at home and abroad, estimates the potential market capacity of China's financial leasing and then draw a conclusion that Our financial leasing potential development space is enormous.The core part of this paper firstly analyzed risk types of financial leasing and then onstructed indexes of risk level based on risk types of financial leasing, plus the risk migrating indexes and risk offset indexes, totlay constructed three first-order indexes, eight secondary indexes and 25 level 3 indexes, Which constitute financial leasing risk evaluation index system. Finally I calculate the weight of coefficient of every index to the financial leasing company total risk. The risk evaluation index system provides effective reference for risk management and evaluation of a financial leasing company.