Research On Domestic Factoring Business Development Model And Risk Prevention

With the emergence of the new economic norm,commercial banks began to appear on the market gradually after the shareholding system reform,and the internal organizational structure of commercial banks was also constantly improved.To maximize the interests of shareholders is the basis for joint-stock commercial banks to develop their business and realize innovation.Now,our domestic financial market is in constant development,in the process of development,a lot of better development of the industry there has been a large number of customers,and these customers,there is a large part of the customer financing channels become more and more,and this is reflected in the large state-owned enterprises,the central enterprises,multinational group customers,these customers can use a variety of ways of financing,such as through the issuance of long-term bonds,listed methods.Through these financing methods,not only can get the relevant funds support,but also can enjoy the lower financing cost.However,for small and medium enterprises,there are still few channels for financing.Therefore,it is a task for the current commercial banks to increase the financing channels for smes.In the Commercial Bank of our country,the development of a new business,this business is factoring business,this is a kind of financing,accounts receivable management,credit control,responsible for the collection,together with the guarantee of bad debts,debt transfer of new financial business premise,in the process of development of this business.Can bring more benefits,reduce the risk of certain,may also be responsible for the credit business and intermediate business.As a result of this new type of business,it has attracted the attention of many commercial banks,and has enabled these banks to develop this business.At present,our country is not very detailed understanding of factoring business.It is a traditional form of business financing in Europe and the United States with a long history.If the source of its back,can be traced back to the Babylonian kingdom of Hammurabi era.In fact,factoring was introduced in Britain in the early fourteenth Century,when factoring was used in the wool industry and gradually gained rapid growth.Specific operation process is,first of all by the factoring agent as a vendor's sales agent,and then communicate with consumers,and communicate with consumers after the payment.We can see that in this process,factoring is actually playing an intermediary role,of course,has played a significant role.Factoring,of course,will also cause all disputes over the quality of the goods and any disputes arising therefrom.In fact,more than 600 years ago,from some economic activities,it has already reflected the financing function of factoring business.Factoring business includes the content is very comprehensive,not only for financing,credit guarantee,but also for sales management services.This new business has also had a great impact on China's financial markets,and also promoted the development of the financial market.It not only helps enterprises smooth through the difficulties through financing,but also increases the stability of customer resources and changes the product structure of commercial banks.In view of these advantages of factoring,many major banks throughout the country have started factoring business and improved the profitability of the banks.And our country in this aspect of development,there are still many problems.In the study of this problem,I used several research methods,namely,literature,empirical research,comparative analysis and interviews.After making use of the above research methods,we draw the relevant conclusions.After the first,through the research of different subject at home and abroad,expounds the specific circumstances;second,summarizes the related concepts of factoring and specific theory,including the meaning and role of specific,summarize of after factoring the role that China should try to change the traditional way of financing,change the income structure of banks,the development of small and medium-sized enterprises and economic stability.Third,analysis of the domestic and foreign development bank factoring business model must be directed to the factoring business analysis of foreign banks,the practice of business model and the applicability of the foreign bank guarantee a certain orientation;followed by Linyi CCB factoring business practice,which mainly includes Linyi Construction Bank and insurance business oriented practice,financial leasing factoring business practice,engineering insurance business the practice and the government adopt insurance business practice.Fourth,when analyzing the factoring business of Linyi Construction Bank,it is necessary to analyze it from the following aspects.First of all,it analyzes the development situation and risk problems of factoring business in Linyi Construction Bank,and combines the corresponding performance impact.Secondly,in the development of Linyi Construction Bank factoring business,can from the customer's perspective,and the credit mechanism and risk management mechanism to continuously improve,improve the bank's internal operating system,make Linyi Construction Bank credit management,risk prevention,risk prevention measures.Finally,the subject is summarized.