The Preliminary Research Of Commercial Bank S & T Loan Pricing

As chinese economic growth mode changes from extensive to intensive. The position of science and technology enterprises in national economic has been raised to a strategic level. Whether can technology industry develop is directly related to the growth of endogenous of our economy and core competence. The development of an industry must be funded, so the technology industry and the financial industry must be combined. To promote the technology industry, build for the needs of different industries in different periods of science and technology to provide professional services to technology companies of the financial system, is the direction of exploration and practice of the current Technology and Finance.The growth and financing of science and technology enterprises have its own characteristics, financing requirements significantly associated with the innovation cycle, and it present "winner takes all" phenomenon, that is, high input, high risk, if successful monopoly can be obtained in high yield, so the technology investment and financing need to fully consider the high risk and high-yield industrial characteristics. The current cooperation model in the financial system of bank institutions is "Bank+security+risk compensation mechanism". The main purpose is to establish risk-sharing between the different systems of financial institutions, through government finance, banking, and security agencies, to reduce the risk of bank loans. However, from the development of the bank and the science and technology enterprise, during the establishment of risk-sharing system, banks also need to actively explore the features of science and technology enterprises' development, establish science and technology enterprises loan pricing system that is based on its own historical data.Researches for the loan pricing, domestic and foreign literature supply some views. First, research and analyze from different angles on loan pricing factors, it proposed a cost-plus method, price leadership method, customer profitability analysis, pricing based on RAROC France and other loan pricing methods; Second, the commercial banks transfer from the former profit target to comprehensive risk management-led, loan pricing are more inclined to credit risk before the risk measure and control risk through pricing to compensate for expected losses. Therefore, studies on credit risk and risk measurement method from the 90s in the last century has been rapidly developed, such as Credit Metrics, KMV and other credit risk models. In addition, because science and technology enterprises have their own specific characteristics, the foreigners have also been actively explored the science and technology enterprises on the theory of valuation and risk assessment so occurred option method, fuzzy comprehensive method and so on.In order to explore this method of loan pricing technology, based on the traditional commercial bank loan pricing theory and methods, collect the new "Basel Agreement" for credit risk and capital requirements of the initial establishment of the traditional commercial bank loan pricing model, and then use Factor Analysis of data in Hefei software industry to analysis, empirical data through scientific and technological enterprises modified the traditional model parameters, obtained a loan for the Hefei software industry pricing model. By writing this article, the author priced the loans to commercial banks, the development of finance and technology and the evaluation system for technology companies continue to improve and enrich the professional development of commercial banks, especially the "technology bank" for the development of reference.