Research On Personal Automobile Consumption Credit Risks Appraisal System By BOCA

Since Bank of China, A Branch ( will be stated as BOCA in the following contents) began its personal automobile consumption credit business, the credit quota and the intermediary business have shown a trend of leap-forward growth. But in recent years, the automobile consumption credit saw an increase of credit violation because of the severe competition and the growth of automobile consumption. And the credit risk escalates at the same time. Although automobiles have been mortgaged to the bank, they are in the possession of the borrowers. It will be a huge cost if the bank has to press for payment through lawsuits and auction once borrowers fail to fulfill the credit responsibility, due to moral risks or lose of payment ability. Thus, in order to control the risk of credit, the first step is to appraise the borrower scientifically. This thesis aims to have a basic research on how to improve the Personal Credit Risks Appraisal System for personal automobile consumption credit by BOCA.The whole thesis is about the Personal Credit Risks Appraisal System for Personal Automobile Consumption Credit by BOCA and is divided into four chapters. Chapter 1. Introduction. Briefing about the background, the purpose, research method and the structure of this thesis. Chapter 2. Giving a detailed introduction of the current automobile consumption credit appraisal system by BOCA. Chapter 3. Analyzing the deficiency of the automobile consumption credit appraisal system by BOCA. Chapter 4.Providing improvement measures for the current automobile consumption credit appraisal system, cases and application suggestion.On one hand the research on the current automobile consumption credit appraisal system by BOCA can improve the credit risks appraisal system, decreases the rate of non-performing asset and improve the asset quality, making the sustainable development of the of automobile credit business, providing protection for the healthy development of the automobile consumption credit by BOCA. On the other hand it can be used as reference for other business banks and automobile finance institutions to provide automobile finance activities, accelerating the booming of china's automobile consumption market.