Study On Credit Risk Management Of Shadow Banking Of Steel Trade Industry

Steel industry is the pillar industry of our country.It is an important part of the national economy.Steel trade plays an important role in the connection between steel production and consumption.However some scandals of the steel trade enterprises were exposed frequently.The credit of steel trade enterprise damaged severely.The capital chain of steel trade enterprise especially small and medium-sized ones are very tense.Therefore,as an important way of supply chain financing for steel trade industry,the shadow banking becomes more important for the steel trade enterprises in the supply chain financing.The shadow banking will meet the credit risk inevitably in the business process of supply chain financing,so the credit risk management has become a realistic problem of the steel trade industry.Firstly,through the research on relevant literatures and related theories of domestic/foreign shadow banking and credit risk management,this thesis chose J Company,which is representative in steel trade industry and in which the author is working,by using the methods of literature research and case study combined.This thesis discussed the industry background and the general operation pattern of shadow banking and the risks faced by shadow banking.Pointed out that due to the bank financing channels' blocking and the defect of bank supply chain finance business itself,the shadow banking business has developed rapidly in steel trade industry,but relatively riskier.Then,this thesis summarized and analyzed the main features of J Company's credit business,the current situation and problems of credit risk management in depth.According to the management issues of J Company exposed in several actual credit risk cases,current situation of domestic/foreign research results and the frequent problems of shadow banking in steel trade credit risk management,this thesis proposed the main model of whole process credit risk management,including advance assess,process control and post track.And it put forward measures and suggestions about building the risk consciousness,the whole process of credit risk management,credit risk diversification mechanism to improve the shadow banking's credit risk management in steel trade industry.With particular emphasis on the improvement of customer information collection and credit facility system,establish a dynamic management system and strengthen the recovery ofoverdue accounts system.The whole process credit risk management in the practice of the bulk stock circulation industry's credit risk management,including the steel trade industry,has the very strong practical significance and reference significance.