| With the development of finance industry, financial leasing regarded as new ideal in finance industry is rapidly rising and developing.Since financial leasing industry was introduced in our country in the beginning of 1980's. It has contributed greatly to our country for using foreign funds and advanced technique and equipment. However, the development process of our country's financial leasing industry is by no means smooth. Owing to the lag back of legislation and immature market system, there exists great operation risk in the financial leasing industry.Nowadays, the business scope of domestic financial leasing company is quite narrow, a large percent of the leased asset have a long term economic life, and credit risk is not only the business risk within leasing operation but also the great risk compared to other industry risks. According to related statistics, the non-recovered lease amount takes nearly 70% of the total claims of certain financial leasing companies, which is about ten times of company's registered capital. This situation has severely constrained the healthy development of Chinese financial leasing industry. In this way, analyzing the existence,formation and management methods of credit risk in domestic financial leasing industry is of great significance.In this paper there are four chapters. The first chapter is the foundation of the article. It has introduced the definition and the developing history of financial leasing industry in both China and overseas. The second chapter analyzes the situation of credit risk in domestic financial leasing industry, then talking about how to recognize and survey it. In third chapter, it has summarized advanced methods and process in credit risk management regarding financial leasing; in addition, it also takes a financial leasing company as an example, providing useful risk management advices based on Logistic-model analysis. In fourth chapter, it provides systematical suggestions from both micro and macro point of view, in the wish of perfecting credit risk management and supporting the healthy development of the financial leasing industry in our country. |
