Study On The Operational Risk Of Samll Loan Companies In HeBei Provience

For a long time, the financing difficulty of agricultural, small enterprise and sociallow-income groups is problem which needs the whole global economy and society to facetogether. In the1970s, economist, Yunus, advocated and put the practical services into theseweak groups.Yunus successfully built the Bangladesh rural bank, which is also calledGrameen Bank. This new model immediately draw the attentions of finical cycles, especiallythe attention of Chinese. At the same time, this model stimulates most of developed countriesand even these western develop ling countries’ innovation and practice. Under such situation,our Chinese government began to build these small loan companies which appropriate toChinese real situation and regarded them as the finical blood capillary, which can transmit theblood to the farmer, agriculture, county and the small and medium-sized enterprises.InOctober,2005, Bank of China selected five provinces from the middle and western area tocarry out the pilot project. Some small loan companies established. In order to further regulatethe development of the small loan companies, The China banking regulatory commission andBank of China jointly issued “on the small loan company pilot guidance” in May of2008.From then on, the pilot subjects spread rapidly all over the China. Up to now, the pilotsubjects has spread to the most provinces.According to the latest statistics， by the end ofDecember of2012， the amount of the small loan company has been researched6080inChina， the balance of loans researched592.1billion yuan. HeBei province，which is locatedin the eastern coast，has become one of the provinces with the biggest amount of the smallloan company. The practice has proved that develop the small loan of company helps relievethe issue of agriculture and helps the small and medium-sized enterprises to solve the problemof financing. What’s more， promote the small loan company is beneficial for the prosperityand development of the whole national economy. However，being established for short time，the small loan company is still on the explosive stage and the business risk is increasinglyrevealed behind its booming.According to the current situation of the pilot in HeBei Province， this thesis tries to putforward some reasonable suggestions and measures for the small loan companies of Hebei province through absorbing the successful experience at home and abroad. On the one hand,these suggestions and measures can help the small loan companies face their problems andperfect internal control mechanism. If the small loan companies can realize their problems,they still can develop scientific business process and improve the ability of risk prevention.On the other hand,we expect the government to formulate some relative policies to avoid theoperational risk facing by the small loan companies. This thesis firstly study the risk of thesmall loan company from the macro level,analyzes the small loan company in HeBei Provinceon the whole. Then the study entries into the micro level,use of the risk evaluation model tocarry out the empirical study on the A small loan company.The whole thesis includes six parts. Chapter one is the introduction， it mainly illustratesthe subject background，its studying sense，oversea and domestic current studying situation.Studying content and studying method and the creative points of the thesis are also beincluded in chapter one. Chapter two mainly analyzes the small loan companies’ operationalrisk form the economic perspectives, including the theory of financial fragility, the theory ofinformation asymmetry and the theory of covariant risk. Relevant theories reflect that thetheory of covariant risk is benefit these small loan companies to take these comprehensivemeasures, in order to prevent the operational risk Chapter three firstly the current situation ofthe small company in HeBei Province,secondly analyzes the operational risks which arefacing up by these small loan companies in HeBei Province. The management risk evaluationmodel of the small loan company was lead into the chapter four. At the same time,chapter fourrespectively introduces the rules of building the models,the decision of the index weight andthe basic principles and evaluating steps. In addition,the rational quantification of the smallloan company is carried through by the model in this chapter. Chapter five is the empiricalstudy. The small loan A company is selected as the example， and its empirical study isimplemented by risk evaluation model. The last part of the thesis absorbs the relevantexperiences at home and aboard， points out the appropriate suggestions and measures forthese small loan companies when facing up the operational risk.