Study On Customer Credit Risk Assessment Of Hunan Branch Of China Construction Bank

In order to participate in international competition, meet the requirements of the international and domestic regulations, improve the level of credit risk management, China's major commercial banks are exploring the use of Internal Ratings-Based Approach (The Internal Rating-Based Approach, referred to as IRB) to measure the customer's credit risk, which are in accordance with the requirements of the New Basel Capital Accord(2004). At the same time, China's major commercial banks are actively promoting the construction of the internal rating system.Based on the minimum requirements for IRB in the New Basel Capital Accord, this article describes the credit rating methods in China' commercial banks, and the development of internal credit rating system in China Construction Bank (China Construction Bank,referred to as CCB). Then, this article sets the rating method of the corporate customers as an example to briefly introduce the current customer rating system in CCB, and then analyzes its strengths and weaknesses. Through the above analysis, this article believes that the CCB needs to the further improvement and perfection in the organizational structure, business processes, information technology, data base, rating methods, the use of the rating results and so on.This article selects the part of corporate customers in Changsha Branch of China Construction Bank as a research sample, and quotes Zhang Ling's Z-value model of financial early-warning, and then uses a combination of quantitative and qualitative analysis method. Then, this article does the credit rating for the sample companies: based on the information of the sample company's financial and non-financial indicators, and synthesizes the qualitative evaluation methods of China Construction Bank. Last, this article tests the validity between this rating results and the actual rating results of China Construction Bank. We found that this model can effectively identify the Chinese company's credit risk and its changes, and it would help to accurate, comprehensive and integrated evaluate the customers by the use of a combination of quantitative and qualitative analysis method.Based on the above analysis and research, the author puts forward The corresponding countermeasures and suggestions on the improvement and perfection about the CCB's current credit rating system and method:Establishing and improving the credit risk management and the credit rating system;Optimization and integration of business processes;Optimization of the rating indicators;Integration and improving the information data systems to establish a comprehensive, timely, integrated data warehouse; enhancing the use of ratings;enhancing the construction of the talents team in the risk assessment; and so on. This article also suggests that CCB use the Z-value model of financial early-warning to build the systems of the customer screening and the early warning of finance risk for the credit customer.