| In the western developed countries, there is a second way next to the bank loanfinancing in size, that is the financial lease. Starting in the1970s, with the trend ofeconomic globalization, financial lease has promoted investment and the development ofinternational trade, demonstrated the unique advantages and great potential fordevelopment. Financial leasing industry has more than30years history in China.In the1990s, many financial leasing companys had rent in arrears by the tenant and wentbankrupt, because the understanding of risk was not comprehensive and the riskconsciousness was weak. So, how to predict and control the risk effectively and establish asound risk management system, becomes the key problem of the Chinese leasing industrywhether it can develop fast and healthy.The core content of this paper is how to forecast and control risk effectively, and toensure the rapid and healthy development of financial leasing industry by riskprediction and risk control. First of all, this paper analyses the definition ofriskand asymmetric information theory, interprets the causes of the financial leasingrisk,and performes a comprehensive analysis and study on various risk of financial leasingcompany from the perspective of the lessor. Secondly, this paper carries on the design tothe financial leasing risk evaluation system based on the traditional CAMELS risk ratingmethod, provides a theoretical basis for the implementation of risk management offinancial leasing company in China, and analyses business circumstances of Bohaileasing Limited by Share Ltd and its indicators of financial leasing risk under theCAMELS system. Finally, on the basis of this analysis, put forward measures to guardagainst and control the risk of the financial leasing company from the aspects of riskdiversification strategy, risk hedge strategy, risk transfer strategy, risk aversion strategy andrisk compensation strategy, in order to protect the healthy and rapid development offinancial leasing industry. |
