Studies On Credit Risk Evaluation Of Miniature Enterprises In Commercial Banks

Miniature enterprise is the largerst number of enterprise groups in our counter,which has been making outstanding contributions in promoting national economic growth,increasing jobs, alleviating employment pressure and maintaining social stability.However, because the time of micro enterprises setting up is short, asset scale is small,financial system is not sound, and a series of defects, financing difficulties has hampered the development of the enterprises. While, as the most ideal financing channel which miniature enterprise are eager for, commercial banks also face the difficulties of big enterprise customers churning and the profitability of banks weakening. Therefore, this article docks the commercial banks with the miniature enterprise, for building a scientific and reasonable credit risk evaluation system, and promoting the miniature enterprises financing and the profit of commercial banks growing as soon as possible.First of all, based on the research literature at home and abroad, this article combs the relatively mature credit risk evaluation method, introduces the characteristics of research on credit risk in China, and points out the defects of the research object and the selected samples in the credit risk at home and abroad. Secondly, this article introduces the related concepts from three aspects, such as miniature enterprises, commercial banks and credit risk. And it also carries on the theoretical analysis about miniature enterprises financing difficulties and characteristics of commercial bank credit. Then the article concludes that information asymmetry between the banks and enterprises is the key to the problem. Then, this article selects 13 financial indicators and 17 non-financial indicators to built an index system of credit risk evaluation of miniature enterprises, and constructs a corresponding model with principal component analysis, Logistic regression analysis,analytic hierarchy process and fuzzy comprehensive evaluation method. Finally, the article selects a practical case to carry on an empirical analysis to the model.