Risk Research Of Small And Medium-sized Enterprise Credit Guarantee Institution In Henan Province

Credit guarantee industry as an emerging industry in China is still at a preliminary stage of development, but the financing problems of SMEs in China solution urgent needs. SMEs as a major component of China’s national economy, are of great significance to promote the sound and rapid development of our economy and to ease the employment pressure, improve the people’s living standards. However, for small and medium-sized enterprises, the development road is not flat; the most prominent problem is that the corporate finance difficulties, tension or lack of funds. At this time, the emergence of the credit guarantee institutions from largely solves this problem. However, the credit guarantee institutions as a specialized institutions operation and management of credit risk, in the course of its operations, but also face considerable risks. Especially in recent years by the impact of the financial crisis and the European debt crisis, a certain degree of China’s economic landslide, part of the small and medium-sized enterprises have been closed down, which also makes the credit guarantee institutions are implicated in increasing the risk of facing.This article is the rapid development of SME credit guarantee institutions in Henan Province, and the development of state guarantee agencies industry is gradually standardized under the background of the development of Begins with a brief analysis and overview of the small and medium-sized enterprise credit guarantee institutions risk theory, mainly the risk characteristics of the guarantee institutions, sources, types, as well as the analysis of information economics; followed by the development status of the credit guarantee agency for local small and medium-sized enterprises in Henan Province, carried out a detailed study of its genesis and classification of the risk of credit guarantee agencies; Finally feasible countermeasures and suggestions for how to reduce the risk of SME credit guarantee institutions in Henan Province, in order to better promote their local economic rapid development.