Research On Financial Risk Management Of Credit Card Business Of Commercial Banks In China

With the competition among commercial banks is becoming increasingly fierce,the development of credit card as one of the major commercial banks intermediate business has increasingly attracted people's attention.Since 2003,the first year of credit card,credit card business in our country is developing rapidly.The credit card business profit has gradually become one of the focus of competition of commercial banks.However,the commercial bank credit card as an unsecured consumer loans,the business is facing a huge financial risk.In recent years,a variety of credit card fraud,credit card crimes emerge in an endless stream.The issuing of commercial banks credit risk is increasing.Internet banking and rise of the third party payment is challenging the financial risk management of commercial banks.In developed countries,credit card industry development experience has shown that,sustained and healthy development of the credit card business is inseparable from good financial risk management mechanism.Ignoring the financial risk management of credit card may not only result in the breakout of the credit crunch,but also may cause destructive influence to the financial system as a whole.Europe and the United States commercial banks in developed countries accumulate the experience of mature after decades of development and management of financial risks in the credit card.The credit card business income has been in commercial bank profit structure occupy an important proportion.China currently commercial bank credit card business overall profitability is not strong,compared with the developed countries in Europe and America,financial risk management level is relatively low.Therefore,to enhance the level of financial risk management of credit card business of commercial banks in China,and promote the healthy development of China's credit card industry has become an urgent issue at the present stage.This article uses the comparative analysis method,case analysis method as well as the theory and practice combination method,analysis of China's commercial bank credit card business of financial risk management status and problems.Through the introduction of the international credit card financial risk management related experience and combined with the case of China's commercial banks,this paper puts forward relevant countermeasures and suggestions to improve the financial risk management of China's commercial bank credit card.Firstly,this paper introduces the characteristics of the credit card and business of commercial banks,defines the concept of the financial risk of the credit card business.Combined with the actual situation of business development of credit card in our country,our commercial bank credit card business of financial risk management status and problems were analyzed,and from the two dimensions of the external environment and internal construction,analysis of credit card,the causes of financial risk.Then it describes in detail the American credit card the successful experience of the financial risk management as well as South Korea and Taiwan credit card lessons from the failure of financial risk management,based on draws on some implications of business and financial risk management in our country commercial bank credit card.Subsequently,combined with my work experience in the domestic commercial bank credit card center,select Minsheng Bank Credit Card Center as a case,the Minsheng Bank credit card business financial risk management actual operation.Finally,based on the above analysis,we put forward a series of practical suggestions and countermeasures to improve the financial risk management of China's commercial bank credit card business.The innovation of this paper is the systematic analysis of China's commercial bank credit card business financial risk management problems,and analyzed with examples of commercial banks in china.The financial risk management measures are put forward from the two dimensions of internal and external,and the innovation of management model of financial risk exploration.