Research On The Commercial Banks’ Development Of Investment-loan Linkage

Because the kechuang enterprise is generally light enterprise assets,no good collateral,Commercial Banks based on their credit security concerns,often reluctant to lend to enter prises kechuang,kechuang enterprise financing difficult problem is still serious.Investment and loan linkage Can make the commercial Banks handle the benefits and risks well in fa ce of echnological innovation-based enterprises’ financial service demand.so can solve the pr oblem of novation-based enterprises’ financing difficulties.On April 20,2016.including China Banking Regulatory Commission,three government units Jointly issued a guidance.The issue d of this guidance means Traditional commercial Banks in China begin to integrated man agement.investment and loan linkage Pilot work officially to launch.Based on this backgro und,This paper divides the research of commercial bank within the group to develop the i nvestment and loan linkage by means of equity investment subsidiary business possible ob stacles and related suggestions.The article firstly introduced the background of investments and loans linkage、the sig nificance of the research、the research method and train of thought.listing the related rese arch literature which domestic and foreign scholars mentioned.In addition,pointing out the i nnovations and shortcomings of this article;Then introduce the defination of investments an d loans linkage、The main mode of investment and loan linkage and the similarities and d ifferences with debt-for-equity swaps;Then introducing the Current situation of the develop ment of investment and loan linkage、The main mode of investment and loan linkage in o ur country.Then analyzed the obstacles to carry out the investment and loan linkage.there are six obstacles:1.How to establish a relevant legal system;2.How to establish risk compe nsation mechanism;3.How to compensate the risk of loan and Investment profit;4.The lack of relevant professional knowledge skills.;5.Related legal system also has some defects;6.R elevant external financial environment support is not enough;Finally analyzing the success ful experience of silicon valley bank in the United States and the business model of Chin a Development Bank,putting forward some suggestions about investment and loan linkage.there are five points: Firstly,Choose the appropriate enterprise;Secondly,strictly control therisk;Thirdly,establishing a professional team;Fourthly,provide enterprises with subsequent f inancial services;Fifthly,establishing the supporting mechanism,providing external environmen t support.