The Research On Risk Management Of Export Credit Insurance Financing Of Commercial Banks

Under the background of global economic integration,China has further integrated into the world economy with a more open attitude,vigorously advocating and supporting the"going out" of domestic enterprises in various forms,and its position in international trade is increasingly important.However,with the increasing of international competition,the proportion of letters of credit continues to decline,the proportion of the payment method under commercial credit such as collections and open account is higher and higher.There are frequent cases of losses caused by the commercial risks of importers and the political risks of importing countries.In order to reduce the losses caused by such risks,export credit insurance comes into being and it is increasingly popular with exporters,then the export credit insurance financing also develops rapidly.However,under the complicated and volatile international trade situation,various factors,such as the lack of credibility of export enterprises and the imperfect risk management of banks,are mixed,which leads to the great difficulties in the business development of export credit insurance and a huge pressure on the risk management.It greatly reduced the willingness of commercial banks to provide financing to exporters,which not only restricts the development of the financing products,but also restricts the financing channels of exporters,thus affecting the normal development of China's export business.In this article,we first expound the concept and process of export credit insurance financing business,and analyzes its advantages from three perspectives of export enterprises,financing banks and insurance companies.Secondly,we summarize the concept and form of export credit insurance financing mainly faced with market risk,credit risk and operational risk.On the basis of reviewing the domestic and foreign related theories on the export credit insurance financing business,the current situation of export credit insurance financing is analyzed,not only to see the rapid development of export credit insurance financing business under the support of good financial policies,but also to analyze the problem of further development of export credit insurance financing business under the objective factors in the current economic environment.Combining the positive and negative cases,we deeply analyze the manifestation of credit risk,from which the risk management experience of successful cases is summarized,and the lessons of weak management of failure cases are absorbed.Finally,we put forward the risk management countermeasures respectively according to the three types of risks and the actual situation of commercial banks.Only to further optimize the risk management system of the whole process of commercial banks,adhere to the unique source of self compensation of trade financing,reduce the pressure of non-performing loans,the export credit insurance financing business can be further developed and realize the vision of the effective development of the real economy.