The Study On Measurement And Control Of China Commercial Banks’ Credit Risk

Commercial Banks in China is the most important financial system of organization, for the domestic enterprise provides most of the financial resources, for the national economic development has a very important role. Commercial bank assets is mainly loans, while the main source of income is the difference between deposit and loan interest. From the commercial bank assets and income structure can see, credit may exists is the risk of commercial bank risk mainly focused on the field. Especially when commercial Banks of high leverage ratio, deposit-loan ratio is too wide, involves more than the number of creditors, the interests of the related subject also is more complex, then the assets of the commercial bank security is not only related to the interests of depositors, but also related to the whole country social stability, and then the assets of the commercial bank security problems, even affect national security. In addition, the commercial Banks in not only with the residents of immediate interest deposits, also involved in a large enterprise, real estate development, individual buys a house and the government organizations and individual loan business. As in economic construction, commercial Banks to give the ministry of railways, development companies, such as the government loans to project, the government provides for the policy financing often accumulation bigger risk, once the economic situation downside, such as real estate bubble economy was crowded broken and produce economic systemic risk, it will lead to a collapse of the Banks suffered bankruptcy risk, and even the entire national economy, the intervention of the normal operation. The commercial bank credit risk, ensure that the bank assets and the stability of the financial system underlines the major research significance.In this paper, a commercial bank credit risk to research significance in theory and practice, and on the basis of further clarifying commercial bank risk management and commercial bank management, and the relationship between specific definition of this study object and scope, and credit risk management will be the general theory analysis, as the logic starting point of this study. Second is sure research tools and methods, through the collection listed company credit data, and by using the KMV model which puts clear show the listed company credit risk status. Finally, look for the bank credit risk control countermeasures and Suggestions, also is the logical end point.In the first chapter, the topics of the background, significance, research literature on the basis of detailed, give this paper writing framework, and briefly summarizes the this article the innovation points.In the chapter two, about the commercial bank credit risk management of the general theory analysis. Through to the commercial bank credit risks of the concept, type and characteristics are summarized, and further analyzed the credit risk management of commercial Banks and the relationship between, and detailed combed the our country commercial bank credit history of management changes.In the chapter three, analyzes our country commercial bank credit risk based on the present situation of further summarizes the commercial bank credit risk management of the existing problems, mainly management level is not high, the internal control system is imperfect, the credit assets is too centralized, etc. And from the internal and external two area for the cause of the problem.In the chapter four, for the credit measure of traditional method were summarized in this paper. Including experts method, rating method and credit scoring method. The paper on the three big traditional risk measurement methods from the content, advantages and disadvantages were summarized in this paper. Again this is detailed the four categories of modern credit risk measure model, including four basic ideas, content of the model, advantages, disadvantages and so on, were analyzed. The last is in our country from the specific application Angle to the four model analysis, finally draw in China’s current situation, KMV model which puts has better applicability.In the chapter five, using of KMV model which puts listed companies on China’s credit risk measurement. Application KMV model which puts need to three conditions, namely the non-tradable pricing, breach of contract data acquisition and the variance of asset value. If these conditions can meet, this model can get a good result. In the empirical process chose30domestic listed companies as the research object. Results of calculation model to a certain extent of the listed company of credit is revealed conditions, that is the KMV model which puts has great applicability in our country.In the chapter six, in view of China’s commercial bank credit risk management the existence the question put forward relevant countermeasures. In view of our country commercial bank credit risk basically has two levels of internal and external reasons, so in this chapter specific will from the internal and external were put forward to strengthen the risk management advice. Mainly includes internal incentive mechanism from the bank construction, risk management system improvement to strengthen risk prevention and control.The seventh part is the conclusion of this paper and prospect.