C State-owned Commercial Bank Guarantee Circle Risk Formation And Prevention Research

The guarantee circle usually refers to the special interest group which is formed by many enterprises connected together by mutual guarantee or serial guarantee.Based on the backwardness of data mining and risk control means of commercial banks in our country,it is impossible to accurately assess the repayment ability of an enterprise by analyzing the enterprise’s operating conditions.In addition to the pledge,commercial banks are more inclined to pursue more than one enterprise guarantee when the guarantee capacity of a single enterprise is insufficient,attempting to raise the cost of borrowers’ default by "Lian Zuo" means.As the size of commercial banks’ assets continues to grow,guarantee loans increase and mutual insurance or serial guarantee relationships between customers begin complicated,the guarantee circle forms gradually.During the period of steady economic growth,the guarantee circle did to some extent solve the financing problem of some enterprises,but the formation of the guarantee circle made the companies that were originally not connected become closely linked,once the economy gradually declined.The risk of an enterprise in the circle will spread along the guarantee chain,producing a "domino" effect,spreading from a single risk to a regional,industrial risk.In 2003,the disappearance of the chairman of the board of directors exposed a huge amount of guarantee problem,the amount of external guarantee nearly 1.8 billion yuan,far more than its net assets of 600 million yuan,and triggered the Xinjiang guarantee circle credit crisis.In 2011,the problem of Weifang guarantee circle formed by Shandong Hailong gradually emerged,the risk of the guarantee circle was exposed,and its external guarantee amount was far beyond that of the net assets,the local government was forced to step forward to maintain stabilit.In 2014,Wenzhou reported a major risk guarantee circle 28,the actual amount of 50 billion 700 million yuan of credit,many enterprises in the risk of the Guarantee Circle--not only borrowing enterprises on the verge of death,but also to a large number of high-quality enterprises to guarantee "dead",seriously affected the stability of the local economy and sustainable development.As China’s economy enters the new normal,the work of "three go,one drop,one compensation" is accelerated.While Enterprises are faced with the pains of transformation and the operating costs rise,the risk of security circles all over the country broke out in varying degrees,causing a great threat to the benign development of Finance and economy.In Liaocheng City,Shandong Province,this kind of problem also presents a trend of continuous growth.The risk of the Lanshan group’s guarantee circle is expanding following the risk exposure of the co Genesis Guarantee Circle,the result is not only the credit risk of financial institutions,but also the potential exposure of regional risks.Therefore,the current Guarantee Circle risk has become the most important risk faced by financial institutions.If it can not be solved in time,it will pose a great threat to the credit assets safety of financial institutions.At the same time,it will pose an unforeseen danger to the regional economy.Domestic and foreign scholars about the guarantee,guarantee circle and Guarantee Circle risk research mainly focus on the guarantee in bank lending and loan interest rates and other constraints,listed company’s credit guarantee guarantee circle mining,big data analysis.Nevertheless,research and practice of Guarantee Circle with local characteristics is still very weak,especially the research on the cause of risk and prevention of regional guarantee circle from the perspective of state-owned commercial bank.In view of this,this paper is based on the previous research results,in the area of Liaocheng C State-owned Commercial Bank Guarantee Circle information for the data on the basis of credit guarantee theory,risk management theory,starting from the crack asymmetric information bottleneck,comprehensive review of C commercial bank deposit amount Guarantee Circle,comprehensive identification of all levels of guarantee circle structure and scale the risk characteristics,providing a global perspective and data base for exploring causes of risk guarantee circle.Secondly,we analyze the mechanism of the guarantee circle,and study on the risk characteristics of the guarantee circle formed by the existing practices of C state-owned commercial banks under this mechanism.These characteristics include strong concealment,strong accumulation,greater uncertainty and highly contagious.Again,starting from the C Commercial Bank Loan Guarantee Circle status and existing problems,introduce the specific case analysis of the Guarantee Circle C causing the State-owned Commercial Bank Guarantee Circle risk guarantee system,influence factors mainly include the macro environment and industry policy of the economic cycle,regional security environment impact factors,local government performance "tilt factors,influence factors of local private lending and micro operation C factor of state-owned commercial bank and risk control factors.Finally,according to the actual situation of the state-owned commercial bank C proposed a sound risk control system,the implementation of the guarantee circle circle of security risk management measures,strengthen communication,multiple linkage prevention Guarantee Circle risk and strengthen the Guarantee Circle risk countermeasures team and credit culture system construction is feasible,for the future of C commercial Bank Guarantee Circle risk prevention provide a reference for support effect.