Research On Risk Management Of Credit Card Of China

With the deep opening up of China's financial institutions and more fiercely competitions among commercial banks, the development of credit card business as one main intermediate business has increasingly attracted people's attention. The credit cards risk appears when rapid development of credit cards, and also damages are growing. Therefore, credit risk management issues are increasingly taken seriously.There is a big gap between China and international developed countries in credit card risk management because of short-time development of China's credit cards. Therefore, the purpose and significance of this research is to learn from successful experiences and lessons of failures about credit risk management of foreign developed countries to explore a solution for commercial bank of China's credit card risk management. This paper describes the types and characteristics of the credit card risk in detail and analyzes the necessity and status of China's credit risk management from an international perspective. The innovation of this paper is the introduction of behavioral finance theory, which explains more objectively the reality of our country's credit risk management problems from a human point of view. How to improve our credit risk management is discussed through the way of combination of theory and practice, qualitative and quantitative, and comparative analysis,and several measures are proposed finally.