Research On The Business Risk Management Of The Policy Based Agricultural Credit Guarantee Corporation

The reform of the land system,the transformation of the agricultural model and the strong support of the national policy have greatly promoted the development of agriculture in China.More capital,technology and manpower into agricultural production.Grain has been increased year by year,and the income of farmers has been improved.The agricultural and rural economy is making steady progress and better quality,which lays a solid foundation for the healthy development of the economy and society.In recent years,the structural reform of the supply side of agriculture has been continuously promoted,and agricultural development has been boosted from many aspects such as green development of agriculture,structural adjustment,technological innovation drive,policy support and so on.There are millions of new types of agricultural management in China,and a large amount of capital is needed for development and production.However,due to the unique risk of agricultural production,the lack of effective collateral,public information and credit evaluation and other factors,it is very difficult for them to get bank loans.A large number of financing guarantee institutions in China are facing difficulties in providing credit guarantees for new business owners because of their difficulties in the economic downturn.In 2015,the Ministry of Finance and the Ministry of agriculture jointly issued the guidance on the financial support for the establishment of an agricultural credit guarantee system,a clear financial support to establish and perfect the guiding principles and goals of national agricultural credit guarantee system,to solve the financing problems of agriculture,the main support for new business development,promote the construction of modern agriculture way.Agricultural Guarantee corporation carries out the policy oriented and insists on the positioning of the market.But under the premise of implementing the policy of supporting agriculture and benefiting farmers,it is also faced with the common risk management problems of commercial Guarantee Corporation,especially the specialrisks of agricultural enterprises,which has become a major difficulty of risk management.Therefore,it is particularly important to identify the risks in the agricultural secured loan,formulate the risk management measures that conform to the agricultural characteristics,and strengthen the internal management of the guarantee process,which is of great importance for the healthy and stable development of the agricultural Guarantee Corporation.This paper first describes the background and reasons for the establishment of China's policy oriented agricultural guarantee system,risk management theory,credit guarantee theory and related research results of agricultural Guarantee corporation risk management.Then it introduces the multi-level credit guarantee system and its service objects and business processes that have been formed in China,summarizes the risks and existing risk control measures of policy oriented agricultural guarantee.Then through the case analysis of Yunnan agricultural credit Guarantee Corporation,from the two aspects of agricultural enterprise projects and bulk guarantee products,we comb out the risk management ideas and make comments.Finally,from three aspects,suggestions are put forward to improve the risk management of policy based agricultural Guarantee Corporation.First,from the guarantee loan process,strict control of the standards of access to enterprises,the improvement of the credit evaluation system,the proper simplification of procedures and the improvement of the efficiency of examination and approval.The two is to speed up the institutional innovation of agricultural guarantee business,learn advanced guarantee mode,innovate risk management mode,innovate risk sharing mechanism,strengthen cooperation between government and bank,and solve the risk of guarantee in multiple channels.The three is to attach importance to controlling the special risks of agricultural enterprises,such as strengthening the importance of "soft information",seeking the balance between boosting agriculture and controlling risks,identifying the risk of credit entities by multi linkage,and paying more attention to the flexibility of counter guarantee measures.Through this study,can not only improve the risk management loopholes in existing agricultural policy guaranteesystem,to further improve the risk management system,but also enrich the related research in the field of agricultural security,and provides reference for the healthy and stable development of the national agricultural guarantee system.