Research On The Optimization And Risk Management Of Wenzhou Bank A's Credit Business Approval Process

From the year of 2011,the economic and financial situation of Wenzhou was deteriorating.Operational risks,guarantee chain risks and ethical risks were becoming more and more complicated.And the difficulties of credit risks management increased.The quality of credit assets is one of the main bases of a bank.Well balance relationships between operations and risks could maintain sustainable development.The six-years’ financial crisis gave us a profound lesson.The bank who wants to stand out from the fierce competitions,must analysis the relationships between the risk-controlling and credit procedure.Based on this background,Bank A of Wenzhou began to plan credit business procedure optimization in 2015 and set up a sound and effective credit business approval procedure,that is,through the comprehensive centralized credit business review and approval,standardize the review and approval of credit business,and better control the credit risk.After the centralization of review and approval of the credit business procedure,it is necessary to make a differential design of the approval procedure for efficiency,and put forward the risk management measures to ensure the stable and healthy development of the credit business of the Bank A of Wenzhou.This paper introduces and analysis the credit business approval procedure of Bank A,applying the theory of process analysis and design.With the inspiration from the optimization of the approval procedure of other commercial banks in China,and the analysis of actual cases,it is found that there are many problems,such as serious formalism,poor access control,too loose credit management,serious phenomenon of ’guarantee dependence’,weakening ofgrass-roots ranks and strict approval of branch bank,uneven process quality and so on.It is also found many risk factors such as financial data,customer access,credit management,security requirements,credit behavior and other aspects.On this basis,the author restores and optimizes the original credit business procedure of the Bank A of Wenzhou,and puts forward the risk control measures,such as the authenticity of the financial data,the strict managment and control of the credit scale,the strict assurance of the guarantee requirements and so on.Meanwhile,the author puts forward the guarantee measures to control credit risk,such as ramming the foundation of credit culture,strengthening the construction of credit team.In its closing summarization,he drawes research conclusion and also prospect.