The Research On Financial Risk Control Of XY Rural Credit Cooperative

At present, further advance of the socialist market economy is rapid as the adjustment of industrial structure. Contradictions accumulating over a long period under the old system of credit cooperatives emerge, which increasing the probability of financial risk, restricting the development of credit cooperatives seriously, being a great threat to financial security. Credit cooperatives must strengthen the financial risk control to reduce financial costs, improve operational efficiency, ensure the sound development in order to occupy a place in the competition under the rapid economic development of contemporary society with more developed financial markets and increasingly fierce competition.Analyzing the relevant background of our rural credit cooperatives and the nature of the credit cooperatives, elaborating the theories of financial risk control, principal agent and so on explicitly, focusing on analysis of credit risk control, operational risk control, flow controlling risk and market risk control which appearing in rural credit cooperatives commonly.This paper constructs the corresponding financial risk assessment system, then determing the focus of the financial risk control and prevention of rural credit cooperatives by set up corresponding weights fordifferent types of risk and financial indicators, and putting forward corresponding measures according to the results of the assessment. The relevant suggestions and countermeasures mainly include the following aspects according to the results of the data analysis. First, so as to realize the risk transfer and dispersion by speeding up financial innovation of the credit cooperatives,in order to curb possible risks by improving techniques of risk management, establishing the risk organization and system of the credit cooperatives, clear-cutting the responsibilities of each department and post; Second, establishing a warning mechanism of financial risk of credit cooperatives.which early warning analyzing the possible risks of customers, and assimilating into some key industries as an important factor into the risk early warning system. Third, the government shoud implementing the guidance of rural credit cooperatives strengthening the supervision of financial institutions, especially for the supervision and management of the financial risk of rural credit cooperatives, introducing the corresponding system.