Research On The Risk And Countermeasure Of Bank Loan In Local Government Financing Plat Form

As the indirect financing in China's financial market structure occupies a dominant position,the local government financing platform more dependent on banks to obtain loan financing,especially in response to global financial crisis,the impact of local governments at all levels need to be active for the central government proactive fiscal policy to provide huge matching funds,leading to the local government financing platform for the rapid rise in bank loans,triggering negative expectations of market for local government debt,bank nonperforming loans,monetary policy transmission effectiveness and regional financial stability risk.Based on comprehensive domestic and foreign literature,this paper summarizes the central government's policy requirements of local government financing platform,shows its development and evolution,and investigates its bank loan risk.Secondly,through the example of M city local government financing platform,obtain the specific loan risk characteristic,and use the stress test to carry on the risk appraisal analysis.Finally,put forward the risk prevention measures for State-owned commercial banks,joint-equity commercial bank,and local corporate financial institutions,for the overall risk of effective assessment and prevention of the local government financing platform bank loan to provide ideas.