Research On Credit Risk Management Of Personal Consumption Loan Of Y City Branch Of Postal Savings Bank

In recent years,with the steady development of Chinese economy,the consumption capacity of Chinese people is rising,meanwhile,the personal consumption loan business shows rapid development trend.Personal consumption loans as a way to stimulate and improve the consumer demands of the national population has distinguishing features in the consumer group,such as a wide range of uses,flexibility,rapid applications and so on.As a result,most commercial banks have developed personal consumption loans which placed in important position of high-quality asset business.Through this method,most commercial banks have greatly promoted the development of diversification of bank assets and strategic position.However,because of personal consumption loans in China started late compared with Western countries,the following problems have existed in the management of personal consumption loans for many years:structural imbalance,monitoring disability,backward management and control disability.According to the data from the four major state-owned banks,they show that the rate of bad loans for personal consumption has run up to 2%-3%and has been always higher than the average level of international 1%.This phenomenon makes the development of fast and good personal consumer loans become an important issue which Chinese commercial banks have to face,it also shows that more excellent capability of risk management will become the core competitiveness in the development of personal consumer loans for many commercial banks.According to Western developed countries' experiences,the biggest risk of personal consumption loans is still credit risk.Therefore,it is great positive meaningful to make effective management on solving the development of personal consumption loans.Based on the analysis of the individual consumer loan credit risk classification,characteristics and causes,this paper puts PSBC in Y city as study object,combs the problems encountered in the development of personal consumption loans,uses the theory and research results of personal consumer loan credit risk assessment at home and abroad for reference,utilizes Logistic regression model to analyze the credit risk of personal consumer loans for PSBC in Y city,makes regression analysis from seven indexes closely related to the personal consumer loans including the age,marital status,education level,the nature of the unit,the position,the ratio of income to repay loan and the credit classification.And then,the author eliminates the non-significant correlation facts from the seven indexes and obtains the personal credit scoring model,furthermore,he puts forward the following four aspects to improve the level of risk management of personal consumption loan for Postal Savings Bank of China in Y city:strengthening the construction of the consumer loan team,improving the internal environment of risk management,optimizing the means of credit risk management,and improving the process management of consumer loans.