The Study On The Bank Credit Risk Of Local Government Financing Platform

The local government have set up the investment and financing Platform for infrastructure and urban construetion financing for a long time. But in response to the United States since2008subprime problems caused by the impact of the global financial crisis, China has issued a series of plans to revive the economy, which has spawned various local government financing platform "blowout" type of development. Platform for financing by debt financing in raise funds in strengthening the construction of infrastructure and coping with the international financial crisis has played a positive role. But the local government financing platform mainly financed by bank loans, with the rapid expansion of the scale platform loan, credit risk is gradually exposed, associated risk is becoming more and more attention. Local government financing platform has little capital, internal control system and risk control system is still not perfect. but if invisible guarantee is different from the local finance expect income. credit risk will be revealed, and may occur in chain reaction, can affect the banking industry and the whole economic operation.Paper is divided into five parts,the introduction and body of the five chapters.The first chapter is introduetion of the background and improtance, maineontent, frameworkand and innovations of researeh in the thesis.The seeond chapter introduces the concept.The main financing method and the causesof loceal government Financing Platform. The third chapter analyes the current situation and The reason of local government finaneing Platform bankloans in China.The Chapter fourth using the improved KMV model to B local financing platform credit risk analysis. The fifth chapter from the commercial bank and local government financing platform put forward to the platform of local government financing bank loans risk measures.