Under Risk-sharing Model, Commercial Bank SME Loan’s Risk Management

In recent years, Chinese SME have developed at an alarming rate, the National Bureau of Statistics released data showing that in20131-10months, in the above-scale industrial enterprises, state-owned and state holding enterprises realized the main business income of20.93752trillion Yuan, the private sector achieved the main business income26.33465trillion Yuan, the main business income of the private sector accounted for more than half. While small and medium-scale enterprises were much smaller than state-owned enterprises, so this can fully explain the number of SMEs is large and the broad distribution throughout every corner of China’s economy. From this point of view, SMEs are becoming the Chinese economy development’s new momentum. Today, the financing difficulties of SMEs have become a major bottleneck of restricting the development of SMEs. The financial system was not sound. In this case during commercial banks were finding solutions to SME financing difficulties, it would also bring new profit growth point for their own business. Almost all existing domestic commercial banks launched the SME-related businesses, some city commercial banks is mainly SME business as the main business. Disclosed pursuant to the Hainan Provincial Government Financial Affairs Office, Hainan Province in September2013issued petty loans of410million Yuan and20131-9months issued petty loans of2.8billion Yuan. Flush predicted that the entire SME financing business in2013full year could reach7trillion Yuan or more.Commercial banks launch SME business and establish long-term business relationship with SMEs will derive income from bank deposits and intermediary businesses. With commercial bank SME business’ scale and form increasing, risk control management capacity of commercial bank SME businesses need improve. Although Commercial Banks to carry out new financing models can reduce the information asymmetry between banks to a certain extent, but SMEs’ own characteristics make commercial banks still face a lot of default risk. With the implementation of the "Basel Ⅲ", on the commercial bank’s risk control management ability put forward higher requirements. Therefore, commercial banks need to use financial innovation to develop new financing models and methods to evaluate and prevent the default risk of SMEs business.In view of this, from the perspective of commercial banks and SME risk-sharing, on the basis of previous research, the paper explores the innovation of the commercial bank SME financing models and the scientific methods of SME loan credit default risk assessment. The article is divided into three parts:The first part describes the commercial bank risk-sharing model, respectively, from the perspective of commercial banks and SMEs to analyse the advantages of risk-sharing model, discussing the risk characteristics of commercial bank SMEs financing and the risk evaluation methods of SME credit loans, So as to lay a theoretical foundation for the research of full-text.The second part discusses the operation mechanism of the SME risk-sharing model, exploring the use of financial derivative instruments to optimize for risk sharing and putting forward the introducing of option into the risk-sharing model, make full use of the advantages of financial derivatives to solve the bottleneck of SME financing and improve the overall competitiveness and efficiency of risk-sharing body.The third part builds the evaluation system of the Commercial Bank SME credit risk-sharing, through the "corporate credit rating+debt rating" way to create credit risk evaluation indexes, and using principal component analysis and logistic regression method to build the risk-sharing model credit risk assessment system, to lay a basis for empirical research of this paper, and finally puts forward relevant policy suggestions.