The Study Of Steel Enterprise Credit Risk Evaluation System

Since the Reform and Opening, the steel enterprise of our country has developed distinctly, playing an increasingly important role in the socialist economic construction and living standards improvement. Most importantly, the steel industry is the pillar industry of our nation economy, and has a great portion in the bank loan. Therefore, the credit risk assessment of the steel industry is always the key point of the commercial bank risk management.Taking into account the above points, this paper construct a credit risk evaluation system based on the steel enterprise. First, describing the background and significance of the study of credit risk management, and presenting the status of academic research are made. Second, the common methods of credit risk evaluation are summarized, and steel industry risk is especially mentioned. Thirdly, the paper makes one of the commercial bank as the example, discussing the credit risk evaluation system. Then, the evaluation index system was constructed with financial categories andnon-financial. The weight of finance statistics is determined by partial correlation analysis and factor analysis. The method of selecting and determining the weight of non-financial indicators is expert score category and the preferred comparison method to analyze with operational principles. Finally, this paper makes one of the steel enterprises as the example of cases, and then the conclusion is drawn, and several recommendations are made for the further study of the insufficiency of the paper.