Research On Credit Risk Management Of JW Expressway Project Of S Branch Of Bank Of China

The positive impact of expressway on accelerating social and economic development has gradually attracted great attention of all groups.Expressway can provide leading and basic support for future economic development.The investment amount of expressway project is large,and it is difficult to meet the project construction by relying on the self-owned funds of enterprises or shareholders.Applying for loans from commercial banks has become the mainstream way of highway project financing.Expressway project has long loan term,large financing amount and stable comprehensive income,which plays a good driving role in the development of bank loan business.In recent years,China’s expressway network construction has been gradually improved,and the industry shows a benign development trend.However,due to the influence of the macro-economy and the new crown pneumonia epidemic situation,the development of the expressway industry is facing a new pattern.With the increase of unit cost of the project and the increase of operation and maintenance expenditure,the revenue and expenditure gap of toll roads is expanding,and the overall debt burden of expressway is increasing day by day.When dealing with highway project credit,commercial banks are faced with new difficulties and problems brought by not only seizing the opportunity to expand the market,but also preventing and controlling the risk of over financing.Taking JW expressway project as an example,this paper expounds the concept and main characteristics of credit risk,deeply analyzes the project by means of on-site investigation,discussion with colleagues in the bank and consulting professional approvers,and uses "5C theory","information asymmetry theory" and "unified credit granting theory" in combination with the credit risk management process of s provincial branch of Bank of China,By analyzing the credit risk points in JW highway project,it is found that the project has some problems,such as income problem,compliance risk,information asymmetry,insufficient risk guarantee mitigation measures,lack of professional ability of credit personnel,difficulty in project loan management and so on.In view of the above problems,this paper puts forward countermeasures,mainly focusing on the project operation and preventing capital risks;Reasonably evaluate project loans and avoid legal risks;Increase guarantee measures and optimize mitigation measures;Innovate risk management thinking and reduce information asymmetry;Strengthen the construction of credit culture and improve the risk awareness of employees;Strengthen post loan management and implement the main responsibility and other countermeasures.Provide bank of China s branch with a set of reproducible operation procedures and templates for subsequent handling of similar highway projects,improve the credit risk management system of commercial banks,and ensure the safety of bank credit assets.