Study On The Defects And Solutions Of The Bank Of China In The Examination And Approval Process Of Public Credit

Bank of the socio-economic and basic function is to allocate funds to adjust the structure of society, so that idle funds to create more economic value. In order to protect the social security funds, to improve its efficiency, the bank will be the consolidation of customers and their needs assessed. In full consideration of the fundamentals of customers, credit risk and financial profitability indicators of the premise, to make corresponding credit decision-making, a series of processes resulting credit approval process is roughly divided into two types of private and public. In China’s banking system, the market share of state-owned banks, the scale of business development, asset quality and support for national economic construction in China’s financial system, both have sufficient representative role.Meanwhile, the corporate credit business class compared to the private credit business class better able to reflect the business and profitability of a bank, the bank is the core foundation of all class of business, the size of the whole society to share in the financing structure occupies more than 60 percent share. Therefore, this article will be state-owned banks on credit approval process of public service as an object of analysis and research. Although the state-owned banks have a regular, low cost, wide range of businesses and other characteristics, but the entry threshold is set too high, system curing process seriously, low overall efficiency.This series of problems have seriously hampered the business development of state-owned banks, the financial industry is not conducive to better support the real economy. Therefore, the author through a combination of theoretical knowledge related to the field of banks and their business experience, analysis of defects in the current system of the approval process and its causes and find appropriate solutions to improve the state-owned bank credit approval process effectiveness and timeliness.State-owned banks for corporate credit approval process is a system with strict logic and decision-making systems to derive scientific assessments, along with the development of state-owned banks and the continuous improvement and optimization. The current approval process has been able to basically meet the risk measurement of the control of state-owned banks, profitability assessment indicators and business development oriented. But at the same time, the existing approval process to adapt to changing system in terms of diversity and quality of bank staff economic environment there are still insufficient, general classification criteria, cumbersome decision-making process as well as regulatory measures hollow defects and other systems have been urgent banks need to deepen institutional reforms in order to adapt to the new business environment.On the basis of combing credit risk management theory, first of all to the credit status of the approval process, one of the four state-owned banks Bank of China, for example, state-owned banks on the current approval process for each agency to analyze and evaluate its effectiveness, further reveals reasons for these links in the presence of various defects and their produce. Risk control measures by drawing large international banks to state-owned banks to provide credit approval process advanced experience of risk control, and ultimately make the corresponding defect solutions.