Research On The Financing Risk Of China Merchants Bank's Export Credit Insurance And The Countermeasures

Risk prevention has become one of the most popular topics in China's financial system since these years.The latest government work report considers financial risk prevention as one of the key task of 2017.At the same time,commercial banks attach great importance to the prevention of financial risks.As an important part of commercial bank financing business,Export credit insurance financing can not only help the export enterprises to obtain loans from banks,but also protects export enterprises when foreign buyer risk happens.Its characteristics make it an important risk prevention means for export enterprises,and export credit management business has become a very important business variety of commercial banks.However,with the export credit insurance business in commercial banks continues to grow,the risks are constantly exposed.The bank's credit asset security can not be guaranteed.The development of export credit insurance business is also affected.Based on the deep analysis of the status of China Merchants Bank's export credit insurance business and its risk management,we found that the traditional acquisition model of China Merchants Bank's investment and financing financing business has led to a large increase in manpower cost.The one-size-fits-all assessment and credit policy,and lack of tolerance,can not take into account the actual situation of different branches and customer development.On the other hand,from the perspective of risk prevention,there are many other problems in China Merchants Bank export credit management business risk management For example,the decentralization of the system is not productive to the retrieval of risk information.Approval mode is too focused and it can lead to approval time lag.Post-loan management model scatters customer manager's energy and too dependent on subjective judgments.It misses the real risk signal and can not ensure the accuracy and preciseness.From the perspective of business development and risk control,These issues have seriously harmed continued development of China Merchants Bank's export credit insurance financing business.In view of this,this paper takes the China Merchants Bank as an example.On the basis of relevant theoretical analysis and case study,we utilize the model of risk management of Ali small loan and Jingdong financial through large data technology.We propose innovative ideas for developing export credit insurance business and effective risk prevention by applying Big Data in China Merchants Bank.First,from the business point of view,we propose new ideas by using Big Data techniques,the acquisition model,the assessment model and accountability model.Second,from the perspective of risk management,we propose new solution from the information collection channels,approval mode and post-loan early warning mode,combined with Big Data technology,to achieve the investment and export financing business and credit risk balance.Thus it can lead to stable and healthy development of China Merchants Bank export credit insurance financing business.