Research On Credit Risk Control Of A Microfinance Company

Microfinance companies are an important pilot work for the country to explore Chinese characteristics of microfinance institutions,improve rural financial services systems at the grassroots level,and promote microfinance access to the grassroots level.The issue of "the last mile of loans" has important practical significance.Since the People's Bank of China Banking Regulatory Commission jointly issued and issued industry guidance in 2008,small loan companies across the country have sprung up quickly.However,while the microfinance company industry is growing rapidly,the credit risk events of microfinance companies are frequent.Under the situation of increasing economic downward pressure,the overall non-performing loan rate of the industry is on the rise,making people piloting microfinance companies.Worrying about the future of work.Therefore,it is of great practical significance to study and improve the credit risk control system of small loan companies.According to relevant policies,the business scope of a small loan company can only be registered as a small loan when it is registered in industry and commerce.It has obvious financial attributes,but the small loan company industry has only a few regulatory documents as a policy basis,and there is no corresponding higher law.It is difficult to classify them as financial institutions in nature,so microfinance companies are also known as "quasi-financial institutions".At the same time,because microfinance companies are different from traditional banking financial institutions in terms of management methods,asset scale,business scope,staff size and quality,etc.,the credit risks of microfinance companies have certain unique characteristics.Risk control methods cannot fully match the needs of microfinance companies.Therefore,it is necessary to study the credit risk control system applicable to small loan companies.This thesis takes Hebei Province A microfinance company as the research object,and explores how to further improve the corporate credit risk control system under the current regulatory environment and the new normal of economic development in order to weather the current difficult period.Because small loan companies are of a pilot nature,there are differences in regulatory policies between provinces.The thesis selects the province where A small loan company is located,and analyzes the policy environment and industry competition of the province's small loan company.Combining the operation of A small loan company in the past three years and the control of credit risk,find out the crux of the problem and propose further improvements.This thesis hopes that the corresponding improvement suggestions can provide credit loan control for small loan companies in a relatively tight regulatory environment and a gradual shrinking market environment,and provide certain solutions,so that they can continue to better work for national inclusive finance.