Research On Risk Management Of H Financing Leasing Company

Since the reform and opening up,financial leasing as a new way of financing to participate in the cause of China's economic construction,financial leasing plays a huge role in promoting economic development,promoting industrial upgrading and development.In recent years,the domestic financial leasing business develops rapidly,but at the same time,the risks behind it are gradually exposed.Compared with the developed countries,the development of financial leasing industry in China is still in the initial stage,and there is still a long way to go in the future risk management of financial leasing in China.As a major province of iron and steel in China,Hebei Province has established a financial leasing company,which can improve the group's financial function internally,promote the combination of industry and finance,and better serve the group's entity business;externally,it can develop financial leasing business with the help of the group's strong financial background,and become a new profit growth point of the group company.Because there are differences in the development of financial leasing business in various industries,this paper studies the risk control of financial leasing business in the steel industry according to the characteristics of the steel industry.Firstly,this paper states the concept of financial leasing,the source and classification of financial leasing risks,and summarizes the research status at home and abroad.This paper introduces h financial leasing company,the leading subsidiary of Hebei Iron and steel industry,and introduces the basic situation of H financial leasing company.It finds that h financial leasing company has a single business type,a single source of customers,and a imperfect risk control system.In order to improve the risk management level of H financial leasing company and achieve its strategic objectives,next,in view of the situation of H financial leasing company and the development status of iron and steel industry,first of all,it accurately identifies all the risks that h financial leasing company now faces,which are divided into five types: credit risk,financial risk,policy risk,management risk and operation risk.Secondly,in order to accurately control the identified risks,the risk map method is adopted to comprehensively evaluate the five types of risks by combining the possibility and impact degree of each type of risk.The evaluation result is that the five types of risks are divided into high-level risk,medium-level risk and low-level risk.Finally,for the sorted high,middle and low risks,this paper adopts different control measures to improve the whole process of credit risk management for high-level risks;for medium-level risks,introduce innovative financing methods;for low-level risks,improve the internal governance structure of the company.Under the three pronged approach,the high,middle and low risks shall be controlled simultaneously,the risk management level of H financial leasing company shall be improved,and the sound and rapid development of H financial leasing company shall be promoted.