Research On The Application Of Risk Quantitative Technology In Credit Risk Management Of Commercial Banks

Commercial Banks are an important part of the economy.It becomes more and more important,when the economy developing.However,backward credit risk management hinders the development of Banks in China.The method of bank credit risk management has been greatly developed in developed countries.The method of bank credit risk management has been improved in developed countries,which has changed from the traditional risk management method to the current risk management method based on measurement model.Our country is still in the age of using traditional methods.How to draw lessons from developed countries' credit risk management methods has become an important problem to be solved.This paper adopts many methods to analyze credit risk management,research results at home and abroad.Combined with the current situation of our country,it provides Suggestions for promoting the application of credit risk quantification technology in our country.This paper studies the credit risk management theory,collects and sorts out a lot of relevant literature on risk management,and compares the existing risk management methods.It is found that China is equipped with the basic conditions for the application of modern risk management techniques,especially the Credit Metrics model.Then it analyzes the status quo of M bank's credit risk management with examples and summarizes the status quo of Chinese commercial Banks still using traditional credit risk management methods.Conduct an in-depth study of the Credit Metrics model,demonstrate the calculation process of the model with examples,verify its effectiveness,and analyze the basis and prospect of its application in our country.Through analysis and research,this paper summarizes the problems existing in the application of this model in China's Banks.Based on the research,this paper puts forward some Suggestions on the application of credit risk model in our country.It is hoped that these Suggestions can provide some references for the application of the model in China.