Sme Credit Guarantee Risk Analysis And Control Strategy

Small and Medium-sized Enterprises (SMEs) become more and more importantin current society and economics, while lacking of credit and capital is main difficultyin the development of SMEs. Based on the background, -an important Small andMedium-sized Enterprises Credit Guarantee Institution (SMECGI), has beenestablished by Chinese government for resolving the difficulty of SMEs's financing.SMECGI is a new thing in China, its running and development of SMECGIinvolves system structure, management experience, and policy decision, sharing andavoiding risk. Credit guarantee is high-risk industry; while SMECG is much higherrisk because of the characteristics of national policy assistance for SMEs. Withouteffective risk management measure, SMECGI will become SMEs's credit riskaggregated institute, and go into bankruptcy. So, credit guarantee risk management isthe key to SMECGI. Specializing capability is important for SMECGI effective andhealthy running. In order to resolve the important and difficult problem, the primary'work in the dissertation includes:(1) The qualitative analysis for fundamental content of the SMECG riskmanagement, including risk resource,principle and infection. At the same time, weget the conclusion that SMECG project risk management and project portfolioaggregated risk management are two main tasks for SMECG institution(2) The major characteristic of SMECGI is high risky, therefore, how to controlthe risk is the core of this study. As for individual applying SME, the key of riskcontrol is to set up a series of evaluating programs. The evaluating method in thepaper is to calculate its guarantee risk degree. After that it is necessary to decide therelevant guarantee parameters including charge rate and the magnifying multiple. Asfor the whole risk of SMECG, the paper sets forth the method of capital abundancerate which comes from The New Basel Agreement, and try to control the rate into thesafe scale through risk decentralization and compensation. Afterwards, this paperstudies the social credit system that influences the development of SMECGI.(3) The study makes use of the capital abundance rate to measure the whole risk...