Research On Credit Risk Management Of Commercial Banks Under The New Normal Condition

In recent years, along with the international economic downturn, China’s economy into "The New Normal". GDP growth slowed, the economic downward pressure. Industrial added value and fixed assets investment to maintain a smooth, but the construction industry demand pull effect gradually weakened.2015, the national urban fixed asset investment grew 11.4%, the lowest growth rate in 2002, the construction industry output grew by 4.3%, the growth rate hit a record low, the market environment is grim. But can be expected in the next few years, the real estate industry is expected to pick up the fixed assets investment is expected to rise, coupled with the "The Belt and Road" geographical distribution, not only the radiation of the sixty-five countries, involving eighteen provinces in China, the policy support for the construction industry, is undoubtedly a good thing. At the same time, with the development of the construction industry, the polarization of the industry is becoming more and more serious, and the polarization of the state-owned construction enterprises and private construction enterprises is serious. State owned construction enterprises still contribute most of the industry’s output value, and in the construction quality, engineering expertise, capital management and private construction companies have obvious advantages. Therefore, commercial banks in the construction of the credit on the construction of a better quality, more assets of state-owned construction enterprises. At present, in the context of the overall economic downturn, commercial banks in business development and customer maintenance will gradually focus on the expansion of business gradually transferred to the credit risk of the control. In summary, for banks and other financial institutions, to identify and control the credit risk, to strengthen the commercial bank’s credit risk prevention capacity and improve the quality of credit assets and profitability has important theoretical value and practical significance.In this paper, we first introduce and analysis of the related theory of credit risk management in domestic and foreign, include game theory, credit with the theory of information economics theory, macroeconomics, clear the enterprises and banks exist the phenomenon of information asymmetry, because of the information asymmetry between banks and enterprises of the game, causing all sorts of risk event occurring and also due to the adverse selection and moral hazard, plus by limiting the size of loans, banks tend to private enterprise credit crunch. Therefore, to solve the problem of information asymmetry in the credit risk of the key is to control the credit risk assessment and the continuous supervision of loans, control.Secondly, this paper makes a brief introduction to the current situation of private construction enterprises as a typical industry, and points out that there are many risks and problems in the market environment of private construction enterprises in China. At the same time, construction of private enterprises, the credit risk of specific forms research, analysis of private construction enterprises financial risk and financial risk, and summarizes the sources of private construction enterprises credit risk:macro and private construction enterprises for macroeconomic fluctuations caused by uncertain factors of bearing capacity is relatively weak, the micro, small private construction enterprise’s assets, the management system is not perfect, mutual insurance association, its own lack of funds and other risk factors will bring quite high management risk to the private construction enterprises.Then, this paper, according to the analysis of a bank’s credit risk management process risk of private construction enterprises general found a bank in the private construction enterprise credit risk management of the whole process exist some problems:loan before the due diligence, not comprehensive, fails to act in accordance with the characteristics of private construction enterprises to survey and analysis; analysis of points is not perfect, the unreasonable design of the rating system; credit risk early warning and management method is not reasonable and the examination of loan, resulting in the for private construction enterprise approval processes, processing efficiency is low, a single credit business varieties, even matters of credit risk exposure.Aiming at the above problems, based on the study of A bank’s risk management system, draw lessons from the domestic and foreign commercial banks and the construction industry, the A bank in credit risk management of private enterprises and puts forward some improving suggestions:in the process of credit risk management, the implementation of a comprehensive risk management system, credit investigation in link first, according to the private construction enterprise special business model and financial characteristics, focusing on the investigation analysis of key indicators of some enterprises; in the stage of assessment, rating enterprise qualification, the key construction enterprises corresponding indicators for evaluation, given the intentionality of credit and the corresponding risk mitigation measures, control the credit risk; at the same time, optimize the approval the program is to strengthen loan management, optimize the policy system and strengthen credit product innovation, the establishment of standardized procedures.At present, the domestic most of the major research direction and field is mainly concentrated on the study of large companies and commercial banks’ overall risk system, and the author in bank a thorough investigation by of private construction enterprise credit risk management system and process research, specifically on the fit of private construction enterprises credit risk management, has certain reference value and practical significance. In this paper, the use of two kinds of methods:First induction:The principle of economics at home and abroad, the credit risk theory study and summarized. Second, the case study method. A commercial bank of A commercial bank for private construction enterprise credit risk management analysis and found problems, suggest improvements for risk points. However, due to the lack of theoretical level and practical experience, there will be some errors and shortcomings in the article.