Study On Risk Management Of HS BC Domestic Factoring Business

Commercial factoring is an important part of the financing of accounts receivable,which helps to reduce the financing costs of enterprises and reduce the risks associated with accounts receivables,and contributes to the overall economic development of our country in the new normal.In recent years,the rapid development of China's factoring industry and the favorable stimulation of a series of policies have led to the emergence of new commercial factoring enterprises.The factoring industry in China has become a "blue ocean" market with a terabyte prospect.As the traditional loan business still occupies the main position among the major commercial banks in our country,this makes the commercial banks focus more on the risk control of the loan subject in risk control.The domestic factoring business,as a carrier in the supply chain trade,involves the upstream and downstream trade relations and risk control.Therefore,the domestic commercial banks can not fully and accurately control the risk of the domestic factoring business.The business risk measurement and risk prevention and control have become the urgent problems to be solved by commercial banks in our country.In view of this,this article is devoted to analyzing HSBC's main risk faced by China's factoring business and how to improve its own risk management by drawing on the experience of risk management of foreign excellent banks and modern risk management techniques.At the micro level,the Bank established a risk prevention and control system for domestic factoring business to ensure the normal and healthy operation of domestic factoring business of HSBC.The full text is divided into five chapters to discuss the risk control of HSBC's domestic factoring business.The main contents of the research are as follows:The first chapter is an introduction,which expounds the background and significance of this paper on risk prevention and control of domestic factoring business,Literature review,highlighting the problems and characteristics of this study,and further elaborate the research content and methods of this article.The second chapter is the overview of domestic factoring business,which mainly introduces the basic concept of domestic factoring,including the definition,function and the existing more common business model.It also points out the meaning of the commercial factoring business in China.The third chapter introduces the development of domestic factoring business of HS Bank,introduces the current development of domestic factoring business of HS Bank,summarizes the main risks that HS Bank faces in developing domestic factoring business,including external market risk,customer credit Risk,operational risk and legal risk.The fourth chapter analyzes the risk prevention measures of domestic factoring business of HS Bank in detail and thoroughly analyzes the HS bank risk prevention and control measures,including the establishment of customer screening mechanism,operational risk prevention,trade background review and legal risk prevention.The fifth chapter summarizes the viewpoints of this article and puts forward the prospect of the development of domestic factoring business of HS Bank from the perspective of domestic factoring business development.