Application Of Six Sigma In Bank’s Credit Risk Management

Bank belongs to the service sector, for the banking industry, the various processservices is particularly important. In particular, credit risk management, riskmanagement and control must be analyzed from the perspective of the process.The first chapter introduces the research background, main contents andsignificance. The second chapter of the Six Sigma management and its application inthe financial sector were reviewed research, the third chapter describes theapplication of Six Sigma in credit risk management, Six Sigma fourth chapterdiscusses the importance of the banking sector and the banking sector is now applyingSix Sigma misunderstanding. The fifth chapter describes the case of the use of SixSigma Haikou Agriculture firm, focusing on sections of this article. Voice of theCustomer based on the concept of vision and the construction of " fourmodernizations " process of banks, the proposed use of the Six Sigma process theoryto establish the bank. This is then applied to the prevention of Haikou Agriculturefirm to improve its credit process. Through a series of analysis, come to this methodis feasible, and achieved good results. Can reduce costs, improve customersatisfaction and increase bank profits and so on.The sixth chapter is the conclusion. The time in China’s banking industry isfacing enormous challenges, the Six Sigma process improvement methods applied tobanks to help banks reduce costs, improve customer satisfaction, thereby retaincustomers, improve their competitiveness. For banks, it should be Six Sigma as acorporate culture, so that each member bank to keep in mind that culture, so thatChina’s banking industry took exceptional success.