The Credit Risk Assessment Of The Online Supply Chain Finance Of Commercial Banks

With gradual increase of China's economic level and the development of domestic banking sector,the commercial banks are facing increasingly fierce competition,and are eager to find new profit growth point.At the same time,with the development of multiple economies,China's small and medium-sized enterprises have achieved rapid development,and made over 90% contribution to China's GNP.However,because of the limitation of the enterprises scale,most small and medium-sized enterprises are often confronted with difficulties in financing.Online Supply Chain Finance is an innovative financial business of commercial banks under the "Internet+" background.This concept combined the traditional supply chain financial services and Internet technology together to provide better financial services for small and medium sized enterprises.It also focus on four main bodies,including commercial banks,the core enterprises,the small or medium-sized enterprises and the logistics enterprises,aiming to achieve the “online available” of the financial service and the "online visible" of the capital flow,information flow,logistics flow and business flow based on the private network platform of commercial banks.Online Supply Chain Finance has played a very positive role in improving the credit business of commercial banks and improving the financing conditions of small and medium-sized enterprises.On the other hand,although the commercial banks have realized the effect of reducing cost,improving efficiency and releasing risk through the online supply chain financial services,but it has "Internet","finance" and "industrial chain" three attributes at the same time,so it also induced the new problems such as the risk of network information asymmetry and the low credibility of virtual financial behavior.Therefore,how to effectively manage the credit risk of the commercial banks' online supply chain financial business is the key problem to be solved urgently.This paper mainly studies the credit risk assessment of the commercial banks' online supply chain finance through the combination of qualitative and quantitative analysis.Firstly,laid the theoretical basis of this paper based on the literature review and the theoretical review;secondly,made the risk identification based on the online supply chain finance model of advance payment,inventory and accounts receivable developed in the actual business of commercial banks;and then,constructed the credit risk evaluation index system of online supply chain finance from six aspects,including the macro policy environment and the prospect of the industry,the qualification of the financing enterprise,the qualification of the core enterprise,the qualification of the financing project,the operational status of the logistics enterprises and the special index of online supply chain finance;finally,using Logistic regression model to evaluate the credit risk of the commercial banks,so as to provide the commercial banks with the method of measuring credit risk of small and medium-sized enterprises of the online supply chain financial model,and put forward some effective proposals from both of strengthening the control of external admittance and improving internal control.