Study On The Credit Risk Evaluation System Of Small And Micro Enterprises

With the rapid development of the national economy and the deepening of reform of the economic system,small and micro enterprises are becoming an integral part of the market economy in China. Great importance has been attached to promoting the development of small and micro enterprises by the central and local governments.Nevertheless,small and micro enterprises in the economic system of our country still occupy a low status, facing many difficulties in their survival and development. Due to the 2008 financial crisis which triggered economy shocks,and the entering into the so-called new economy normal condition,the trend of economy growth has gone downward largely. As a result,many companies have been heavily hit,especially small and micro enterprises. Due to the lack of their own funds and the difficulty of achieving the conditions of commercial banks,it is difficult for small and micro enterprises to finance when facing capital chain problems,which is a bottleneck problem constraining their survival and development.The financing and development of small and micro enterprises has caused wide public concern. There is a game and wrestling among the government,banks and small and micro enterprises in a certain extent,so supporting small micro enterprises’ development is our common goal. But there is no consensus regarding what kind of small and micro enterprises are more in line with the government and the bank’s expectations,especially the bank’s financing conditions. As the mainstay of China’s financial markets,Commercial Banks play an important role in solving the small micro enterprises’ financing problem,which is difficult to replace. Due to the restriction of their scale and development level,it is difficult for small and micro enterprises to meet commercial banks in accordance with the old economic conditions established under the threshold conditions. The mode of traditional banks credit requires collateral way of a mortgage loan,and emphases too much on financial indicators of small and micro enterprises,causing the financing difficulties of small and micro enterprises unsolved.How to fully examine the operating conditions of small and micro enterprises and reasonably lower threshold conditions,pay more attention to non-financial factors,evaluate the credit risk of small and micro enterprises fairly and reasonably. To solve small and micro enterprises’ financing problem needs re-establishing a credit risk evaluation system which is fit for the present situation of the development of small and micro enterprises.The paper is based on the state of rural commercial banks,using the analytic hierarchy process and fuzzy comprehensive evaluation method to research the credit risk of small and micro enterprises,and discusses the choice of small and micro enterprises credit risk evaluation index and index weight assignment and index system construction,intending to independently establish a set for rural commercial bank,small and micro enterprises’ customer credit risk evaluation system to change and solve the financing problems of small and micro enterprises.