Case Study On Risk Control Of Acceptance Bill Operation In Agricultural Bank

Since the new century,the acceptance bill operation of commercial banks in China shows a new situation of a rapid development with the frequent cases.Although regulators have attached great attention to commercial banks' bill operation,for example introduced "Chinese CBRC notice about the warning of bill's risk" in the end of2015,bill operation risks are still frequent in our country's commercial bank under the strict regulatory policy.Since the beginning of 2016,the Agricultural Bank of China,CITIC Bank,Bank of Tianjin and other bills risk events have occurred.Therefore,with the acceptance bill operation becoming increasingly competitive recently,relying on the external supervision is not enough,effective risk control of acceptance bill operation must be carried on to make the bill market in our country toward the reasonable,effective and healthy development.Based on the “A Comprehensive Risk Management Guidelines in Bank” by banking regulatory commission issued in September 2016,through the combination of the bank acceptance bill and risk control related theories and the case of 3.9 billion broke out in,I analyze the existing problems and raise relative advice.At first,I briefly describe the relative theories about risk control of bank acceptance bills,including the concept,traits and content of it.Then I take the case of Agricultural bank as an example,describe the condition of its risk control from organization and practice levels,and analyze the defects of risk control in acceptance bill operation including compliance awareness is not strong and system implementation does not reach the designated position,has problems in the paper notes supervision,personnel risk,and lacks prudential in acceptance bill business between banks and insufficient audit check list.At last,I propose relative improving methods of risk control according to the shortage of risk control of the bank acceptance bill business revealed in the agriculture bank case from four aspects,which are as follows.Establishing supporting system including the perfect incentive constraint,staff recruitment and training system to guarantee the implementation risk control system,improving the process control of bank acceptance billfrom setting up the electronic draft system,strengthening the united sign system and paper keeping,improve the quality of internal audit system and customer credit system between Banks.Through the comprehensive analysis of risk control of acceptance bill in Agricultural bank,this paper puts forward the countermeasures and suggestions to improve the risk control of acceptance bill,which will play a certain reference role in the construction and improvement of risk control of acceptance bill in our commercial bank.