Agricultural Development Bank Of China And Long-term Loans To Commercial Project Evaluation

Project finance evaluation is the first program of bank loan project, providing direct reference basis for whether the bank lending, both in the bank loan business decisions and management after project loan plays an important role. The commercial loan programs of has achieved great development under the background of the new rural construction, but the business development of the Agricultural Development Bank of China has been affected by external policy environment, which not only obey the "agriculture, countryside and farmers" policy, at the same time, influenced by Food reform policy, and the national and local fiscal policy contain on it. When it is in trouble, the commercial bank may protect itself according to the Law of commercial Banks. But, since the founding of the Agricultural Development Bank of China, it has no special law to support itself. Although the opportunity is rare, severe challenges are more. The existing commercial loan project evaluation system and method of the Agricultural Development Bank of China still exist many need to be urgently improved, and increasing bad loans causes credit risk intensifying, forcing that it is necessary for us to analyze the problems in the work of the commercial loan project evaluation of Agricultural Development Bank of China, and put forward feasible improvement measures, thus effectively control and manage commercial loan project of the Agricultural Development Bank of China. Through case analysis of rural construction land collection and storage consolidation project evaluation in the hou village, red haizi village and DengShi village of Jining, we put forward the main problems in the commercial loan project of the Agricultural Development Bank of China from the aspects of management system, evaluation content and evaluation method:excessive dependence on feasibility study, reducing the evaluation accuracy; Evaluation personnel configuration is not reasonable and responsibility identification method is not clear. Project evaluation consultation expenses charging decreases the credibility of the assessment report; Evaluation time is short, highlighting the administrative intervention phenomenon in evaluation process; Emphasis on project itself evaluation, playing no enough attention on the project enterprise evaluation; Emphasis on project financial analysis, ignoring project national economic benefit evaluation; Ignoring industry characteristics analysis, improve the risk of owing on the loan; Discount cash flow method has certain defects; Lack of the macroscopic evaluation to necessity of the project construction. According to the existing problems, and proposes the following measures:correctly treating the relationship between loan project evaluation and the feasibility study; Optimizing the structure of evaluation personnel, clearing responsibility identification methods; Prohibiting charging the assess cost of construction company; Making scientific project evaluation procedure, weakening administrative intervention; strengthening the evaluation of enterprise; Improving the cognition of national economy’s evaluation; Paying close attention to industry characteristics of loan programs; Introducing the real options concept, improving the discount cash flow evaluation methods; Strengthening the evaluation of macroscopic necessity of project. The aim is to benefit the development of the agricultural development Bank of China and facilitate the harmonious development of supporting agriculture and policy-related business.