Studies On Measurement Of Credit Risk Of Chinese Commercial Bank

Banks are the pillars of modern finance which are beneficial to directe the flow of assets and promote economic development. So, the business operating condition of commercial banks plays a significant role in the stability of modern economy and finance. However, the unique nature of management in debt gives rise to the attendant risks..And credit risk is the most important risk of ommercial banks. Credit risk influences economy and the formulation of national macroeconomic policies.With the rapid development of the global economic integration, financial integration is the trend of future economic development.Financial market fluctuationed, and nations financial institutions will face more complex plurality of global credit risk. So, the measurement and management of credit risk of the commercial banks has been one of the subjects which need solve urgently.On the basis of the foreign advanced technology of the credit risk and the related theory research results of domestic credit risk, this article analyses the basic principle of the measure model of classic credit risk and the measure model of modern credit risk comparatively, and analyses the credit risk measure model in our applicability theoretically, points out that the applicability of KMV mode is strong in the credit risk in China's commercial bank. Analyze the importance of the measurement of credit risk of China's commercial bank, introduce the phylogeny of the measurement of credit risk of China's commercial bank, found the problem, and point out that we should adopt the measure model of modern credit risk to make more precise quantizing analysis. Choose several ST companies and non-ST companies, analyze the sample companies with KMV model practically, and build a perfect management and measurements system of the credit risk of commercial bank, improve management expertise, reduce credit risk to promote the development of commercial banks is imperative.Proposed the points of innovation:this article analyzes the basic principle of the measure model of classic credit risk and the measure model of modern credit risk systematicly, and firstly analyzes the adequacy of our commercial banking of each model systematically and theoretically. Choose several ST companies and non-ST companies in 2010, analyze the sample companies with KMV model practically, calculate and analyze the default, and make an improvement against the problem of kmv model. Build a perfect management and measurements system of the credit risk of commercial bank against the status and problems of commercial bank credit risk management.