Research Of The Risk Of Anhui SME Credit Guarantee Institutions

In recent years, small and medium enterprises develop rapidly in Anhui Province. SMEs actively solve the employment problem and to promote rapid economic development of Anhui Province,at the same time they are useful complements to other state-owned enterprises and become the most important Pushing Power to promote the economic development of Anhui. As we all know, it's very difficult for SMEs to suffer from finance for the development which is its "bottleneck". Since 1998 one after another credit guarantee institutions provide security for the financing of SMEs in Anhui Province. On the one hand they share the risk and provide more customers for the banks,on the other hand they help and back SMEs to solve the problems of financing. Today,SME credit guarantee institutions in Anhui Province has shown signs of scale and service the rise of Anhui.However,the security company is recognized as one of the high-risk industries,risk management is the primary task of security company,security company risk management is most important for survival and sustainable development ability.This article starts with the security industry risk situation in Anhui Province, characteristic analysis and summary of existing risks, then analyzes the risk of Guarantee industry in Anhui Province which causes of the credit risk. There are many risks mainly from external risks:information asymmetry risk, legal risk, institutional risk, policy risk, industry risk and internal risks:market risk,operational risk,operational risk and other risks. Then it analyzes the control of risk,spread the risk,shift the risk and reduce the risk to analyze credit risk guarantee institutions for SMEs in Anhui Province. Generally speaking,there are some countermeasures and suggestions:improving risk compensation mechanism,making the project a comprehensive review,focusing on security after the enterprise management,security operations combined with the insurance business,guaranteeing business insurance policies and improving the quality of employees and comprehensive security and effective risk control indicator set,the counter-guarantee mechanism to promote the development of new business lines to expand security,improve the relevant legislation,the establishment of a sound record of credit information system,credit incentive system,punishing acts of dishonesty joint system,speeding up the credit network system,information sharing platform for building real-name system for government departments to strengthen supervision in order to address risk issues. VaR model also can be used to analyze the bank guarantee should bear their share of the risk, Zeta model to predict the possibility of bankruptcy.