Warehouse Receipt Collateral Risk Control Study

In recent years, warehouse receipts pledge business has developed rapidly, individual commercial banks have an offense to seek pledge cooperation partners to expand the source of profits; Logistics enterprises also active, and actively provide financial services. However, as warehouse receipt pledge business development, the risk has become increasingly acute. This paper from the position of the commercial banks and logistics enterprises who bear the main risk introduces the corresponding risk control measures.China currently has four warehouse receipts pledge business model, launched in the course of business there is management risk, credit risk and legal risk.The main bearers of management risk are logistics enterprises, and the management risk is mainly manifested as pledge commodity option risks, customer credit risks, warehouse receipts risks, valuing commodity risks and merchandise monitoring risks, so logistics enterprises should carry out from these several aspects to control risk. Commercial banks, as the bearers of the credit risk and legal risk, should select third-party logistics enterprises carefully, strictly examine customer, decide a reasonable rate and price warning level, handle the pledge efficiently, and address inadequacies in the law, supplement it on the terms of the contract.Throughout the risks controlling of warehouse receipts pledge, the pledge rate's determination is crucial. Deciding a reasonable rate pledge not only needs to choose the scientific method of calculation, but also need to set an effective reasonable judgment indicators.The article analyzes pledge rate's determination in the final separately, using data to simulate warehouse receipts pledge loans' rate determination process.