Policy Bank Project Financing Risk Management Analysis

Policy banks are an important part of a country's financial system.They are different from commercial banks.They do not pursue profits.Instead,they specialize in carrying out policy financing directly or indirectly,implementing the national government's social and economic policies and intentions,and promoting economic development,social progress and macroeconomic regulation and control by the government.The process acts as a management tool.The Agricultural Development Bank of China is the only agricultural policy bank in China.Since its establishment in 1994,it has been responsible for promoting the development of "agriculture,countryside and farmers".With the overall advancement of the new socialist countryside construction and the deepening of the rural financial system reform,it has entered an important development opportunity period and gradually formed a support for the purchase and sale of national grain and cotton.Storage business as the main body,while supporting agricultural industrialization and agricultural and rural infrastructure construction as the business development pattern of the two wings.Compared with traditional financing,project financing has long borrowing period,large demand for funds,complex relations and more uncertainties,and it itself has greater risks.Agricultural and rural infrastructure construction projects mainly run by Agricultural Development Bank of China have the characteristics of seasonal periodicity,social welfare and weak enterprise strength.At the same time,they also have the characteristics of poor economic benefits,long payback period,high operating cost and low return.If they are operated solely according to commercial project financing business,it will be difficult to succeed.In recent years,in the shantytown reconstruction and poverty alleviation and relocation policy-oriented business areas supported by the state,the ADB has seized the opportunity and made great progress.At the same time,its risks are gradually exposed,non-performing loans are increasing,and the complexity of project financing risks can not be ignored.This paper combs the relevant theories of project financing and risk management,combines the author's own practical experience,focuses on case analysis of the risk management of the project financing business of the Agricultural Development Bank to find problems and analyze problems,and hopes to be able to put forward relevant countermeasures and suggestions,which will help to improve the level of project financing risk management of the Agricultural Development Bank,and make the Agricultural Development Bank in new development opportunities.In the face of the challenges of reform,we can deal with them calmly and find a way to develop the agricultural policy banks.On the premise of preventing and controlling risks,we can better serve the strategy of rural rejuvenation!...