Research On The Risk Precaution Of The Car Installment Plan By Credit Cards For Industrial And Commercial Bank Of China Tongzhi Branch

With the improvement of people’s living standards,the comprehensive implementation of the national consumer policy and the deepening of the financial system reform,the credit card installment loan business of commercial banks has gradually become a new mode of automobile credit financing,and will soon become the main source of income for the intermediary business of commercial banks.China’s commercial banks have taken the development of credit card installment payment and loan services as new profit growth points.However,the development process is not smooth.The rapid development in recent years has made the credit card staged car purchase business into a high-risk area.The automobile consumption loan business is based on credit card installment payment.Because of the huge market demand,its development momentum is very rapid.However,due to the imperfection of China’s credit system and the special risk attributes of automobile consumer loan products,it is more and more difficult for commercial banks to manage credit card installment car loans,which hinders the smooth development of the business.All along,Tongzhi Branch of ICBC has been actively innovating in the field of credit card and automobile installment payment business,and has encountered similar difficulties in the process of its good development.In recent years,credit card automobile installment business actively seizes market share,but there are risks and hidden dangers in the process of business audit,approval,post-loan management and so on.How to reshape the scientific risk management system and achieve sustainable and healthy development has become a top priority.On the basis of integrating the theoretical research results at home and abroad,combined with the author’s own work experience,this paper analyzed the related risk research of the credit card automobile installment business of ICBC Tongzhi Branch.In view of the main risks existing in the actual operation of the credit card automobile installment business of the Tongzhi Branch of ICBC,such as the systematic risk of the industry,the risk of cooperative institutions,the risk of dealers,the risk of borrowers and the risk of bank operation,the paper puts forward policies and suggestions to deal with the risks,and improves the credit card automobile installment of the Tongzhi Branch of ICBC.Payment business risk management level,reduce and resolve the credit card car installment business risk.This study can help ICBC Tongzhi Branch to analyze the risks in its business,put forward risk management strategies,and promote the healthy and sustainable development of its credit card and automobile installment business.This paper is divided into five parts: The first part is an introduction,focusing on the background and significance of this study,research methods and content,theoretical basis and literature review.The second part introduces the credit card automobile installment business of ICBC Tongzhi Branch and the special installment business of passenger credit card automobile and its risk prevention problems.The third part introduces the causes of the problems existing in the risk prevention of ICBC’s inter-branch passenger credit card and automobile special installment business,mainly including the national regulatory policy and the systemic risk of the industry,the risk of cooperative institutions and dealers,the risk of borrowers,the risk of bank operation and the risk of clearance.The fourth part gives the measures to improve the risk prevention of the credit card and automobile installment business of ICBC Tongzhi Branch.The main measures are to strengthen the management of cooperative institutions,enhance the risk identification of borrowers,enhance the risk management of bank operation 。 The fifth part is conclusions and suggestions.The risk study of credit card installment business of ICBC Tongzhi Branch provides a guide for banks to assess and control operational risks,and also provides reference for other departments and similar departments in the same industry.