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A Study On Credit Risk Measurement And Transfer Of Commercial Bank

Posted on:2007-11-07Degree:MasterType:Thesis
Country:ChinaCandidate:W Q LiuFull Text:PDF
GTID:2189360212958729Subject:Finance
Abstract/Summary:PDF Full Text Request
In the end of the last century, the finance liberalization impetus the global finance system to relax the control and the free competition. In recent years the global finance system was experiencing the continued growing credit loss. The priority target of financial industry and the finance regulatory authority is that choice the effective method to management credit risk and enhance the financial system efficiency.Since the reform and open policy, the bank system and the financial industry of china have grown strong rapidly. Compare with the developed country which financial system experience more than 300 years natural evolution, the bank internal governance mechanism and operating environment of china need to improve. Revolution and innovation is the only choice to improve the china financial system.In recent years, the most important problem of Chinese financial reform is to improve the quality of credit asset of the banks. The credit risk in banks is the direct origin of financial systematic risk and is also indicate that the efficiency of resources allocation is low. So studying credit risk measurement and transformation techniques of banks has important practical and theoretic significance.After entering WTO, the financial industry opens to the outside world further. According to the promise, the foreign capital financial institution management RMB service will not limit by region. Our country's financial institution will face the fierce competition. The further competition of the bank industry is not only the competition of capital scale but also compete in risk management level. The bank will lose the driving force for development and the basis for surviving and have no secured for profitability if the risk management ability remain low no matter how large the capital scale is. The foreign capital financial institutions have already developed a series technologies to measure and management credit risk. Although domestic bank operating environment has some barriers to use those method, but learning it still have very important significance for our country's financial institution.The paper revolving around the topic of credit risk, firstly illustrated the current situation of commercial banks' credit market, and investigated the theory of credit risk formation. Then analyzed the sources of credit risk of our commercial banks based on the facts, and identified three factors: banks, government and adjustment of the...
Keywords/Search Tags:credit risk measure, credit derivatives, KMV model, asset securitization
PDF Full Text Request
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