Commercial Bank Credit System Research

Credit economy is the core of the modern market economy. As the development of China’s financial markets, commercial banking credit system is becoming the important factor to promote banking construction and to reduce non-performing loans of commercial banks. Credit system is much useful for mitigating financial risks and maintain financial stability needs, and more important for improving the operational efficiency of commercial banks in the international competition. Therefore, how to build a commercial banking credit system has become a key issues for commercial bank to survive in the new situation. We take Industrial and Commercial Bank of China’s credit system as an example, although after years of construction and improvement of internal systems work, ICBC’s credit system has not yet formed completely as a whole. Customer credit information is scattered in various commercial banks, information sharing is not enough. The type of information is rather narrow, the data update infrequently. Supervision and management of the system needs to strengten. The original credit system can not match the rapid development of commercial bank.For the ICBC, to establish a credit system which is more comprehensive and effective, can make information sharing to meet the banking needs of business development. A credit system is good for achieve the prevention of credit risks. For expanding the size of credit also. What’s more, credit system can also the satisfy great need to increase profit imperatively. Construction of commercial banking credit system needs to improve the external legal environment. An enterprise and individual credit information system and the credit institutions are the principal foundation for credit system, other sources of information (such as government agencies) sharing is necessry as while.