The Credit Risk Measurement In Unsecured Loans Of Medium Small And Micro Enterprises In China

In the past few years, medium, small and micro enterprises have been growing rapidly and prosperously, which are one part of strength to help the development of our country’s economics. Consequently, the problem of raising capital for their development needs comes out. And new methodology and solution to measure their credit risk are born in response to this conditions in commercial banks and other financial institutes.For this purpose, this article is composed after studying the former works of other scholars based on the characters of medium, small and micro enterprises. Four sorts of factors including operators’ professionalism, state of operation, industrial index and macro economics index, are taken into overall consideration, while the traditional financial indicators such as balance sheet, SCF and income statement are not taken into account for the data inaccuracy and deficiency. After the processing of fitting dummy variable logistic regression model, a practical and measurable evaluation approach is built, which can be further tested in the real production and decision.