Research On Risk Control Of The Sme Credit Guarantee Institution

Small and medium-sized enterprises(SMEs)play a more and more important role in the development of national economy.However,congenital weakness exist in the growth of SMEs.High cost and difficulty of financing become impassable obstacles in the growth process of SMEs.After many years of practice,the construction of SME credit guarantee system in China has played an important role in alleviating the financing difficulties of SMEs.But the credit guarantee industry runs credit,and the service object is SMEs,it's inevitable to become a high-risk industry.So risk management has become a prerequisite for the survival and development of guarantee organizations.The development of private economy in Hangzhou is active,and the number of SMEs accounted for more than 99%.Because of the rapid growth of the financing guarantee business,the construction of SMEs credit guarantee risk control system is particularly important.At the beginning of the dissertation,we review the domestic and foreign literature of the SMEs credit guarantee agency risk control,described the definition of the risk of the credit guarantee institutions,the risk sources and the risk characteristics,summarized the risk control experience of the United States,Japan,South Korea and other countries.On the basis of research,we use questionnaire and experts' marking to evaluate the credit guarantee institutions in Hangzhou.Then through the Likert scale to analysis the data from the questionnaire survey.Based on the systematically research,we concluded that the main risks of the credit guarantee institutions in Hangzhou.There are credit risk of the SMEs,capital risk of the SME credit guarantee institution,government intervention risk,operation risk of the SME credit guarantee institution,management risk of the SME credit guarantee institution and the risk from the cooperative banks.According to the main part of above risks,the dissertation put forward the countermeasures and suggestions from the four aspects of guarantee institution,SMEs,banks and government.Through research,I hope we can establish a higher risk control ability of the credit guarantee system,which will help the development of the SMEs in Hangzhou.