The Study On Credit Risk Evaluation Of China’s Commercial Bank In Supply Chain Finance

The supply chain financing is a package of financing products service projects of banding the core enterprises, making the assets of financing enterprises deals realize self-payment and supporting credit for the medium-sized and small enterprises in the former and latter part of supply chain. With the help of supply chain financing, these medium-sized and small enterprises broaden the financing channels, obtain the support of capital and solve the extreme urgency of capital in the course of development. However, as the development of Chinese commercial bank supply chain financing operation is in an initial stage and the relative risk assessment system is non-building, all these factors can limit the further use of supply chain financing advantage, disadvantage the long-corporation between bank and enterprises and fundamentally influence the solution to the problem of difficulty of financing from medium-sized and small enterprises relation to national interest and people’s livelihood. Thus, the bank’s risk assessment to enterprises becomes more and more significant in the supply chain financing mode, especially the exact assessment to credit risk, because it can affect long-sustainable corporation between participants from supply chain financing.The thesis makes an empirical study and a suggestion on credit risk management of the bank from the view of supply chain financing mode.First of all, review and summarize the concepts about the topic, getting the advantages of the new way from comparing the traditional financing method with the new one from some aspects, such as the definition, the characteristics and so on. Meanwhile, explain the differences between the traditional one and the new way of evaluation method through the definition and style. In the next place, the thesis compares the different methods of the evaluation; as a result, the best method is Logistic Regression Analysis. In the end, chose the simple of144companies which are the small and medium-size enterprises from the ShenZhen Stock Exchange in2010. And according to the credibility file2010, there are18companies that are bad and126companies which are good. According to financing data from Guotaian database and notes to financial statement, the thesis makes the variables quantify, builds the index system of credit risk assessment. Then, the thesis uses principal component analysis and logistic analysis of regression model to assess the corporate credit risk from the perspective of traditional financing model and supply chain financing model respectively. Consequently, overall discriminate accuracy of supply chain financing is93.80%, higher than the traditional model,87.50%. This presents that in the supply chain model, the improvement of the medium-sized and small enterprises is easier to get the credit. That is to say, the supply chain financing is the effective way to solve the problem of medium-sized and small enterprises’difficulty of financing. The development of supply chain financing operation is available to the quick development of medium-sized and small enterprises, and makes a better use of medium-sized and small enterprises in the national economy and people’s livelihood. The thesis also looks into a distance in the end.