Optimization Of Z Bank’s Accounts Receivable Pledge Financing Business

Accounts receivable pledge financing business is one of the financing models of commercial bank supply chain finance.It is favored by many small and medium-sized enterprises due to its low requirements on corporate credit and the ability to improve corporate capital liquidity.The promulgation of the "Property Law" in 2007 brought accounts receivable into the scope of my country’s chattel guarantee for the first time at the legal level.Subsequently,the People’s Bank of China issued the "Regulations on the Registration of Accounts Receivable Pledges",which were revised in 2017 and 2019,and gradually formed the operational norms for the financing of accounts receivable pledges in my country.At the same time,due to the impact of the Internet,traditional commercial banks urgently need to find new profit growth points.As the main body of capital needs,enterprises urgently need to find new financing methods due to the slowdown of my country’s economic growth and other reasons.As a result,driven by both supply and demand of funds,accounts receivable pledge financing business has flourished as an emerging business of commercial banks.However,while the accounts receivable pledge financing business brings huge profits to commercial banks,it also brings risks to commercial banks.Therefore,how to optimize the accounts receivable pledge business of commercial banks has become a new focus.This paper first introduces the background and significance,and briefly describes the research results of domestic and foreign scholars on the financing business of accounts receivable pledge of commercial banks.After introducing the background,significance and operation process of Z Bank’s accounts receivable pledge financing business.Take Z bank to analyze the accounts receivable pledge financing business of three companies Y,G and M,and compare the basic situation of Y,G and M three companies and the accounts receivable pledge financing business carried out by Z bank.Both itself and the bank found that Bank Z did not overcome the shortcomings of the business itself when developing the business for different industries,which increased the possibility of risk occurrence,and Bank Z’s own operating procedures lacked accounts receivable review procedures.At the same time,Bank Z also has a certain degree of financing discrimination when facing different customers,which affects the operation efficiency of the business.Aiming at the above problems,this paper proposes optimization suggestions for Bank Z’s accounts receivable pledge financing business from the policy level of the government’s account receivable pledge financing business and the bank’s own business level.As a traditional joint-stock commercial bank,Bank Z has a moderate size and relatively comprehensive business coverage.This paper analyzes the specific cases of the accounts receivable pledge financing business carried out by three companies in different industries by Bank Z,which can more accurately understand the current situation and existing problems of the accounts receivable pledge financing business of Bank Z,so as to propose optimization suggestions..This is not only conducive to standardizing the accounts receivable pledge financing business of Bank Z,but also has a certain demonstration effect on the operation of this business of other similar banks.At the same time,it has certain significance for inter-enterprise financing and promoting the development of financial markets in Northeast China and other underdeveloped regions.