Industrial And Commercial Bank Of China Guangdong Branch Of The Business Department Of Government Financing Platform Credit Optimization Analysis And Risk Prevention

In the 1997 Asian financial crisis and the international financial crisis of 2008, the central government through the issuance of bonds and lending to local government, local government through the financing platform and raise funds in various ways, for China's economy development, which has provided financial support; the devastating earthquake in Wenchuan, Sichuan Province at all levels of government financing of government debt 55.8 billion yuan of funds, the disaster the restoration and reconstruction after implementing smoothly. It could be said that the local government financing platform which makes up for the inadequacy of local financial capacity, and to deal with the crisis and fights against natural disasters, and promotes the sustained economic and social development, has played a positive role. But the local government financing scale in recent years has increased dramatically, which brings certain risks. In this context, this paper analyzes the status of local government financing platform, and makes credit optimization recommendations, and provides references to prevent the risk of government financing platform.This article is based on the historical background of government financing platform, business model, financing model and the risk prevention and other aspects of the study, using examples, horizontal, longitudinal analysis and other methods, to understand the scale of government financing platform and its present situation, and to segmente the regional government financing platform, and then considering the government financing platform of local finance and the nature dependent degree, according to the government financing platform level, finance income, debt paying ability and other factors set lever coefficient, import models, providing credit references in order to guard against the risk of government financing platforms.Through the above research, to Industrial and Commercial Bank of China Guangdong Branch of the business department in Guangzhou as an example, combing the government financing platform credit business structure, the introduction of the "Guangzhou underground" example, using of industrial and commercial bank risk management method and optimization design, from credit risk, policy risk and legal analysis and so on credit project. The conclusion, optimization design is reasonable, which has certain maneuverability, but in specific target design still remains deliberate, in the local government liabilities transparent and restraint mechanism and to improve financing platform of local government credit management, needs to be improved and strengthened.