Study On The Automobile Consumption Credit Risk Of CITIC Bank

Automobile consumption credit is an important purchase a car loan products, in thewestern developed countries is a mature financial product, bring huge profits for the bank, thepopularity of driving cars, played an important role in promoting the development ofautomobile industry. In recent years, with the continuous growth of residents’ consumptionlevel in China, the automobile consumption credit demand rapid growth, China CITIC Bankhow to meet consumer demand for purchase a car, how to seize the market, how to developthe automobile consumption credit business, how to conduct risk analysis, risk assessment,how to carry out the credit risk prevention? Discussion and research from theory and practiceneed to be.In this paper, through the analysis of the consumer economy, auto finance, consumercredit, consumer credit risk theory, combined with the practice of China CITIC Bank, CITICBank study on automobile consumption credit risk management. Firstly, according to the bankfor auto consumption credit risk types, causes and CITIC Bank auto consumption credit riskanalysis of the present situation, as a basis for risk assessment and risk prevention. Then theCITIC Bank auto consumption credit in the pre loan and post loan risk assessment research,design the construction of automobile consumption credit before the credit evaluation indexsystem principles, put forward the construction of index system on the basis of reference ",construction of CITIC auto consumption credit bank before the loan risk evaluation indexsystem of evaluation of “5C”, determine the loan risk rating standards. CITIC Bank with theaid of the OCC credit risk rating method, five of the loan risk classification, namely, loss,suspicious, secondary, attention, normal. Finally, CITIC auto consumption credit bank riskprevention measures, including: the perfect credit system, strengthen risk controlconsciousness, to establish credit risk early warning mechanism, perfect the loan guaranteesystem, improve the bank’s internal management mechanism, the innovation of stereoscopicauto finance business, strengthening the risk sharing mechanism.