The Study On Legal Prevention And Control Mechanism In Credit Risk Of Rural Commercial Banks

In recent years,rural commercial banks have been restructured to meet the needs of local rural financial services.While a large number of rural commercial banks emerge,their ultra-high credit risk has also attracted people's attention.The prosperity of rural financial market is of great significance to the development of rural economy.As an important part of rural financial institutions,rural commercial banks support agricultural production,rural development and service farmers.While serving the rural financial market,rural commercial banks are faced with extremely high credit risks,which can easily cause the outflow of rural capital,aggravate the contradiction between the supply and demand of rural finance,and are not conducive to the benign interaction between rural finance and economy.Therefore,it is necessary to further improve the mechanism of credit risk prevention in rural commercial banks.According to CBRC annual report,rural commercial banks non-performing loan rate is far higher than the average level of commercial banks.The establishment and perfection of the legal preventive mechanism is necessary to control the credit risk,realize the standardization of rural finance and the legalization of rural commercial banks.As a formal financial institution in rural areas,rural commercial banks should not only achieve their own financial sustainability goals,but also take into account the credit objectives of serving the "three rural issue".The dual-objective policy requirements make the credit risk of rural commercial banks have the characteristics of special source and difficult to control.The existing commercial bank credit risk prevention and control norms are lack of maneuverability for rural commercial banks.However,according to the characteristics of credit risks of rural commercial banks,the laws and regulations focused on the prevention and control of credit risks of rural commercial banks are of low effectiveness and lack of stability.It is difficult for rural commercial banks to effectively prevent and control credit risk under the pressure of dual objectives.In the current era of financial internationalization,we can make use of the beneficial experience of risk prevention of rural financial institutions outside China,adhere to the reform and opening up and take full account of the current situation of socialist rural financial markets with Chinese characteristics,to establish and perfect the legal mechanism of risk prevention and control of rural commercial banks to serve the prosperity and development of rural economy.How to improve the legal prevention mechanism of credit risk in rural commercial banks,we need to start from the following three aspects: first,credit risk prevention,the establishment and improvement of financial laws and regulations to provide protection;scientific supervision to promote development;The government provided support to ease the pressure on rural commercial banks to support agriculture.Second,in terms of credit risk control,it is necessary to set up scientific and reasonable credit rating evaluation standards and innovate the management mode of credit service.Third,the legal liability mechanism for credit risk should also be established,fault liability should be investigated to encourage supervision and management departments and rural commercial banks employees to exercise their functions and powers prudently.From the pre-loan prevention to the risk monitoring in the loan and then to the responsibility,the perfection of the credit risk legal prevention mechanism will certainly effectively reduce the credit risk of rural commercial banks,promote the stable development of rural commercial banks,and prosper the rural financial market.