Research On Risk Management In Bill Business For Hunan Branch Of Construction Bank

The bill market, as one of the three main monetary markets, plays a more and more important role in the whole economy, especially in the finance economy. The billing business has huge market foreground from both the macroeconomic policy and the social consumption demand and the development strategic of the commercial banks. The development of the bill operation depends on the level of the risk management, which directly effects the bank's marketing image and the social standing. So, it is necessary and urgent to study on enhancing the risk management capacity of the commercial banks.This paper adopts the bill business in the Hunan Branch of Constructional Bank of China as a study object and analyzes its problems and reasons through investing its development and conditions of risk management. By using the international advanced theories and successful experience of risk management and integrating with the present situation of bill operation, the optimal tactic of risk management of the bill business in the Hunan Branch of Constructional Bank of China is materially discussed in this paper.By integrating the creational study with the demonstrational study, the basic framework and specifications of risk management of the bill business in the Hunan Branch of Constructional Bank of China are built up. The main bill business includes acceptance, discount, re-discount, and so on. The bill business risks management can be classified as operation risk, credit risk, liquidity risk and interest rate risk. By researching the concept, the features and the causes of these risks and analyzing the problems of risk management of the bill business in the Hunan Branch of Constructional Bank of China, this paper establishes the risk managing system of the bill business, brings forward the general ideal and the principle of the risk management, and puts forward the concrete management measures for all the above four kinds of bill business risks.