Commercial Banks Of Small And Medium-sized Enterprise Credit Risk Control Research Under Asymmetric Information

As an important part of Chinese economic development,small and medium-sized enterprises(SME)not only drive the rapid economic development of various regions,but also contribute more than 50% of its GDP.Under the background that the state strongly supports the development of SME enterprises,the credit products of SME enterprises in various commercial banks have also been innovated,and some credit products specifically targeted at SME enterprises have emerged.With the increasing support for SME enterprises,the credit risk of commercial banks increases,which is mainly reflected in the increase of non-performing loan amount and non-performing loan ratio.Therefore,the control of the credit risk of commercial banks has become an important goal of the operation and management of commercial banks.On the basis of referring to relevant theories of domestic and foreign scholars,this thesis analyzes the status quo of credit risks of SMEs in commercial banks,and puts forward the existing problems in credit risk control of SMEs in commercial banks.Based on asymmetric information and by constructing the dynamic game process between commercial banks and SME enterprises,this thesis analyzes the causes of credit risks of SME commercial banks from the perspective of adverse selection and moral hazard.Game analysis also shows that when commercial banks and SME enterprises are in an infinite number of repeated game,the moral risk of SME enterprises tend to decrease.According to the result of game analysis,this paper uses the multivariate linear regression method to make an empirical analysis of the commercial bank credit risk factors,the results show that the relation intensity,the concentration degree of the SME enterprises in the same industry,the GDP growth rate,SME historic default times will affect the commercial banks of SME enterprises such as non-performing loan ratio,among which the relation intensity is the most significant.On the basis of the above research,this thesis finally puts forward the countermeasures and suggestions for the credit risk control of SME commercial banks,including the establishment of stable bank-enterprise relationship,the establishment of a sound database of SME enterprises,strict control of SME enterprises loan review.