Application Of Internal Ratings-Based Approach In Credit Risk Management Of Commercial Bank

The credit risk is one of the most ancient risks in the financial market.In the recent 30 years,with the change of financial environment and the development of credit activities in modern economic,the field and the scale which the credit risk involved has enlarged quickly,how to manage the credit risk effectively has been the challenging subject.With the entrance of WTO and the promise to open banking industry is fulfilled step by step and the development of economy and finance globalization and financial inovation,the competition commercial banks faces are intense day by day.Because our country has acceded to WTO officially,the supervision and management system of our commercial banks has to comform with the international practice in the future acrroding to the New Basel Captial Accord.This article studies credit risk management of commercial banks from an angle of the New Basel Captial Accord,the main research is how to manage the credit risk of our commerical banks effectively in combination with our country's practical situation on the principle of the New Basel Captial Accord.This article proceeds with the Internal Ratings-Based Approach,combines realistic conditions of domestic commercial banks,select 40 listed companies,half of them have been special traded in 2009,and the others were normal companies,designs effective evaluation index system.We choose 2008's financial data of the 40 listed companies,applies Logistic return model to analize these datas and got an ideal forcasting result which greatly improve this reaerch's scientific value and practicality. The "Technological Support" problem has been elementarily resoloved.Meanwhile,we,put forward some countermeasures and suggestions which are visionary and pragmatic combines our country's practical situation.We try to offer some useful references for our commercial banks'credit risk management.