Based On The New Basel Capital Accord ", The State Development Bank Is A Comprehensive Risk Management Studies

On June 26,2004 The New Basel Capital Accord has been agreed upon in G10 countries central bank top official meeting. It is one of the most important comprehensive risk management and industry competition rules. From January 1, 2007 G10 countries banks started to implement the accord internationally; The developed countries and regions such as other European Union countries, Australia, Singapore and China Hong Kong expressed that they would use the accord to watch and control commercial banks. Other developing countries such as South Africa, India, Russia, etc also expressed they would take active measures to implement the new accord. Current Chinese banking industry is not well prepared for the implementation of the new accord. To China, the new accord is not only an innovation in comprehensive risk management module but also a re-organization in risk management flow chart. The implementing process usually requires a dramatic change in scheme situation such as risk managing policy, organization and internal authorization. Under the requirement of"Direct in category, Achieve in steps"by China Bank Regulating Commission the first category banks are trying to implement the Internal Ratings-Based method, encouraging to implement the Internal Rating-Advanced method and standard method in operation risk. By 2010-2012 the first category banks will implement the second and third supporting requirements in The New Basel Capital Accord step by step. The second category banks with minimum international businesses and overseas assets could voluntarily implement the new accord.On January 20 central government financial meeting is closed in Beijing. During the meeting premier Wen Jiabao raised the principle of"Direct in category, One bank one strategy"to promote the policy bank reform. The reform begins with China Development Bank. It is expected to expand the full commercial operation and focus on medium and long term service and implement the transparent tender policy in policy services. Although CDB is the second category voluntary bank to implement the accord, it definitely needs to carry on new services and open new offices in developed countries according to CDB development strategy. From the strategic point of view CDB initially planned to implement The New Basel Capital Accord by the year 2010.Compared with the international first class bank in implementing condition and management method Basel Accord,CDB is found to be left behind in comprehensive risk management rating method, data collection, system construction, supervision management. However,those basic requirements are to design the advanced banking service module. Implementing Basel accord is facilitating to cultivate in the bank core competence.The dissertation is providing new scope and research method for Basel Accord operating in CDB and Chinese bank services utilizing concerned economic theory, financial theory, management theory and law, counting, statistic method. At the same time the dissertation is supposed to explore a set of new ideas and ways for commercial banks in complete risk management unlike the traditional banks, which is having a great theoretic and practical meaning to country development bank reforms and construction in harmonious and honest society.The dissertation is divided into three chapters. The first chapter points out that the agreement on The New Basel Capital Accord is a great achievement in bank risk management. It gives a brief on the accord structure essence, namely minimum capital requirement, supervision of the departments and market restraints. At the same time it analyzes the accord status and function in world bank industry and points out the challenge for Chinese banks to implement the accord in capital adequacy, financial risk module, technique selection, supervision demand, information disclosure and market restraints.Secondly, the dissertation introduces the reforms in CDB and makes an analysis on credit crisis internal assessment index, market crisis internal module method, eight product lines in operation risk and the difference comparing in company operation and supervision with the new accord. It indicates that how to promote the reform in CDB under the existing conditions and improve CDB comprehensive risk management level is decided by the new service development mode.Finally, the dissertation based on the requirement of the forthcoming ownership law points out five new loan modules providing a new strategy selection for enhancement in bank capital adequacy and fulfills comprehensive risk management.The innovation in the dissertation is as following: 1.It points out the new idea in comprehensive risk management based on Basel Accord under. 2. It points out the new theory in promoting inter-bank cooperation, avoiding the inter-bank risk, uniting social undertaking enterprise, diffuse bank risk effectively, and formulating "harmonious and honest society". 3. It points out the new technique in diluting the receivable account risk in CDB.