Credit Risk Analysis Of Film Industry For Commercial Banks

During the period of “the 12 th Five-Year Plan”,the output of Chinese films increased rapidly with the improved steadily quality.The film market expansion also accelerated and consequently motivated the development of relevant industries.Since national economy turned to the “new normal”,a new trend has been started with economic acceleration adjustment,structural reform and increase driving remodeling.As one of the most energetic modern service industries,film industry has gradually become the hot spot of market.Since the State Council officially explicitly confirmed on December 13 th of2013 that the system of National Equities Exchange and Quotations(also called“New OTC Market”)are the national stock exchange established according Securities Law,there has been a explosive growth for the stock issuance,quantity of investor accounts and trading volume of “New OTC Market” which has become the new favorite of capital market step by step.On June 27 th of 2016,the layer-management of “New OTC Market” was formally put into effect,which built the basis for the establishment of stock exchange transfer mechanism.The companies ranked on the innovation layer have advantages in the aspects of corporate governance structure,operation scale and profitability.And it is most possible for them to transfer to another stock exchange.Therefore,these companies are regarded as the comparatively more desirable target clients for commercial banks to develop credit businesses and enrich customer groups.Under such a background,taking the companies involved in the intersection area of film industry,“New OTC Market” and the innovation layer of “New OTC Market” as the target company group for commercial banks to grant credit,this paper analyzed and discussed their risks in terms of policies,the industry,market,operation management and finance,and subsequently proposed some credit decisions and advise for this kind of companies.