The Research Of Internal Control Of Credit Risk Of LX Branch Bank Of China

The control and precaution against the credit risk problem of commercial bank has been an important object and the main content for the financial institutions and banking supervision departments for a long time. Especially, since 1980s, global banks and investment institutions have been facing unprecedented challenges of credit risk for the financial globalization and financial market volatility. World Bank's research on the global banking industry shows that The credit risk of commercial banks are the main reason for bankruptcy .In China, the low quality of commercial bank credit assets, and the high rate of non-performing assets, makes the commercial bank credit risk the largest potential financial risks. Meanwhile, there are a lot of shortcomings and deficiencies in the credit risk management system of domestic commercial banks, so the phenomenon of financial repression in China has been accompanied by the reality of economic life.With the establishment and improvement of China's socialist market economic system, as well as China's accession to the World Trade Organization, domestic commercial banks should be with the international financial sector standards as soon as possible, and the credit risk management is bound to learn the advanced management mode, experiences and technology at home and abroad, at the same time, China's commercial banks should make efforts to explore commercial bank credit risk management methods and means in accordance with reality. In this article, being combined with market mechanisms and internal control factors, the credit risk problems of LX Branch, Bank of China are studied deeply ,and has been given a long-term plan. The rapid development of financial markets increase the pressures of China's commercial banking business development and credit risk, for the most important thing in the assets business of commercial banks is the credit business, and the major problem commercial banks face is credit risk, so a good grasp and deal with the credit risk relates to the health of commercial banks in long-term development. This article analyses the credit risk features, and types of LX Branch, Bank of China, as well as the advanced experiences of Credit risk prevention at home and abroad. From the points of market mechanism, and bank management, this article proposes specific measures which are favorable for LX branch to establish an effective credit risk monitoring and early warning mechanisms and efficient credit process, credit risk prevention, and the follow-up tracking and monitoring after release loan funds to enhance its core competitiveness.