The Construction Of Small And Medium-sized Enterprises Credit Risk Assurance System

Small and medium-sized enterprises play a great role in civil economic. The bottleneck of the development of small and medium-sized enterprises is the financing problem. So far, small and medium-sized enterprises credit assurance organizations are weak, lots of problems are existed. Under this circumstance, it is very important to do the research about small and medium-sized enterprises credit assurance system.In this dissertation, first of all, financing state of small and medium-sized enterprises is proceeded with, and the overview of the development of foreign small and medium-sized enterprises credit assurance system is analyzed. Status quo and problems about small and medium-sized enterprises of our country is explored, and the characteristics and the causes of risks faced by risk assurance organizations of small and medium-sized enterprises are further analyzed. Risks mainly faced by risk assurance organizations of small and medium-sized enterprises are proposed to be: credit risk, market risk, operational risk, liquidity risk and government policy and law risk, of which, credit risk is the chief risk.And then, several credit risk treatment methods such as Credit Risk+ model, credit derivatives, loan risk measurement are mainly analyzed and compared, suitable credit risk management method for risk assurance organizations of our country is concluded. Meanwhile, other risks such as market risk, operational risk, liquidity risk and government and law risk are analyzed, and corresponding management countermeasure is put forwarded. Countermeasure to perfect small and medium-sized enterprises credit assurance system of our country is presented. Based on it, the structure of small and medium-sized enterprises credit assurance system of our country is set forth, and case analysis is implemented.Several credit risk treatment methods used in commercial banks such as Credit Risk+ model, credit derivatives, and loan risk measurement are used for reference and the characteristics of credit assurance organizations are integrated, furthermore, quantitative analysis is creatively introduced to credit assurance risk management. Based on perfecting countermeasure of small and medium-sized enterprises credit assurance system, small and medium-sized enterprises credit assurance system is creatively and completely constructed.