Research On County Financial Credit Risk Management

This paper had taken the fully open of China's financial industry and construction of new socialism countryside for the background. And it was based on the domestic and international financial credit risk management theory and practices. China county financial credit risk management system was systematically studied from the current situation of county financial credit risk management according to the combinations of questionnaire surveys and typical investigations, empirical analysis and normative analysis, qualitative analysis and quantitative analysis. So the prevention, control, resolving and long-term mechanism for county financial credit risk management were identified and entire process for our county financial credit risk management system was constructed. The basic viewpoints are as follows:Firstly, this paper systematically analyzed the movement characteristics of the county financial credit funds, content and features of credit risk, and discussed the main risk source of county financial credit and measurement of risk value. It was thought that the county financial credit capital movement was obviously different from that of general financial credit funds. County financial credit risk had three basic characteristics of universality of high-risk, static suffocation risk and dynamic tremor risk. Agriculture credit risk source was the core of county financial credit risk. County financial credit risk management should focused on three risk points of farmer's loans, rural small and middle corporation loan, and rural public products loans.Secondly, the major categories of our county financial credit risk were made, as follow: policy risks, environmental risks, credit risks, operational risk, market risk and legal risk, total six types, by taking advantages of the latest international credit risk classification. Comprehensive analysis and empirical research of the factors of our county financial credit risk formation mechanism were studies on this basis. It was thought that the poor financial ecosystem was the soil and potential hotbed for county financial credit risks germination, and county financial credit risk existed non-standardized administrative systems, non-standardized credit system, and non-standardized legal systems and non-standardized credit systems, and several other system-related defects. A scientific basis was provided for prevention, control and resolving for county financial credit risk through the research of formation mechanism of county financial credit risk. Third, according to the principles of domestic and international risk management and experience of rural banks, and in the view of risks pre-prevention, and from the borrower's credit estimation, the risk measurement before the loan, the monitoring and disposal of main risk management, general ways for county financial credit risk prevention were analyzed. Discussions of analysis of the farmer loan credit risk prevention, rural small and middle corporation lending credit risk prevention, and rural public goods credit risk prevention were focused on. County financial credit risk prevention program were designed.Fourth, the county financial credit risk control was essential in the county financial credit risk management. In the viewpoint of risk control point, and with the introduction of quantitative credit risk analysis and establishment of credit risk data model after the loan, high-risk loans were identified through accurate quantitative data. The county financial credit risk was empirically analyzed by Zeta analysis, review model, classification and regression trees, and credit risk fuzzy comprehensive evaluation. Through individual credit tracking analysis and overall credit warning analysis, scattered loans, county financial credit risk control methods of reasonable pricing, and scientific and applicable lending policies, were brought forward. To control credit risk of our county financial institutions from the aspects of corporate governance, human resources, inner-control system, financial culture, the financial optimal ecological mechanisms can be constructed.Fifth, with the basis of from taking the domestic and international advanced research experience, the construction of capital adequacy ratio and bad loan provisioning system and strengthening their capabilities of resolving county financial credit risk were emphasized discussed, and the various methods of domestic banking were systematically summed up, from the perspective of defusing risk. With the basis of the actuality of county finance, theory discussion and methodology innovation were conducted on clearing the asset protection, asset invigorated activation, repossessed assets compensation, packing sale of assets, etc. So the traditional methods to resolve credit risk were broke through and county financial efficiency of resolving credit risk was improved. Lastly, focusing discussion on the inherent characteristics of loan verification system, formation mechanism, and learning from the advanced experiences of other countries, and constructing China's county financial loan verification system.Sixth, with the actuality of county finance and based on the county financial main risk points, studies focused on solving farmers loans, and rural small and middle corporation loans and rural public products loans and other related to credit risk measures and macro strategies were made from financial subsidy policy, farmland pledge system, rural small and middle corporation credit guarantee system, agricultural insurance innovation and the rural financial system recycling, etc. Firstly, county financial risks were eliminated through increasing financial subsidies and strengthening stability in monetary policy, financing interactive things, financial ecological construction, etc.; Second, solving the credit risk arising from peasants'collateral for a loan through the successful experience of domestic and international financial system, analysis of the problems China's agricultural land financial system reforms; Third, construction of county small and middle corporation guarantee system and solving rural credit risk of small and middle corporation loans; Forth, solving county financial environmental risks through innovation research on county agricultural insurance system; Fifth, solving county financial structural problems through recycling of the rural financial system and constructing diversified financial optimization pattern, and providing the guarantee for our county financial credit risk control of the whole process of security...