Research On Risk Management Of Commercial Bank's Trade Financing Business In The Short Term Export Credit Insurance

In our country's historical background that the government gives vigorous advocacy and support to domestic enterprises to encourage them to "go out of domestic to international",the introduction of short-term credit insurance for domestic enterprises to obtain bank financing of export business plays a key role.Short-term export credit insurance for trade financing has a pivotal position in commercial bank trade finance business area,and is an important business model for export enterprises to obtain bank financing.But when the scale of the trade financing under short-term credit insurance is in a rapid growth,it is also facing a significant development bottleneck.Also,the overall international trade situation is grim,and the credit of enterprises is missing,and the bank's internal risk management is imperfect,and all of these factors make China's commercial banks face enormous pressure in terms of risk management,and high non-performing assets ratio.As a result,it leads to that the commercial banks lose confidence in trade financing under the short-term trade financing credit insurance,and have non-willingness to this business model.For it has not been a long time for China's commercial banks to apply the international trade finance business,the commercial banks are generally lack of awareness of the risks associated with short-term export credit insurance,and also is short of knowledge of financing business under the short-term export credit insurance,also there is a deviation of understanding the insurance policy,and the neglect of the exclusion of the insurance clauses,and the lack of ability to prevent risks.All of these often result in huge losses for banks.This paper has pointed out the issues existing in the trade financing under the short-term credit insurance from the following four aspects,such as product positioning,credit guide,risk review,and communication mechanism,through expounding the basic concept and the essence of the short-term credit insurance and the trade financing,and analyzing the business process in combination with the actual case analysis of the situation.Also this paper has given a comprehensive and objective analysis of the causes of the problem,and proposals on the optimization of risk management about the trade financing under the short-term export credit insurance to China's commercial banks in the last.Aiming at the problems in the risk management of commercial banks in our country,this paper puts forward the corresponding risk management optimization suggestions.By strengthening the risk culture construction of commercial banks,to build the whole process of risk management system,adhere to the self liquidating trade financing source,strengthen the insurance company with the transmission of information,further optimize the risk management system of commercial banks,reduce the pressure to improve the commercial bank assets,short term export credit insurance under the trade financing business financing will eventually realize the financial industry to effectively promote the development of economy vision.