Research Of Credit Risk Control And Management About Credit Cards Of X Bank

Since reform and opening up 36 years have passed, Chinese economy maintained double-digit growth almost every year, which makes China one of the world’s fastest growing economies countries. With China’s sustained economic growth in recent years, domestic credit card industry has mushroomed to grow, which has brought considerable profits to commercial bank, so that many domestic commercial banks have ignored the potential risk of expansion of credit card issuers scale, but the financial industry has high-risk high-yield characteristics, especially credit card default rates continued to rise in recent years, so commercial banks need to continue to strengthen credit risk management and control.Firstly, this paper define the meaning and characteristics of credit card, traced the origin and mode of operation of the major credit card issuers, followed by induction of the credit card risk types, specifically the risk of credit card issuers face is the primary credit risk management through more traditional and emerging score Different models of credit risk prevention, derived scoring models have objective and accurate characteristics; compare models and found a lot of assumptions Logistic model with fewer conditions, more stable, which more suitable for credit score, this article also analyzes the credit card risk management method, credit risk management theory, while take the X bank for example, describes the business and credit risk management status, summed up several issues encountered in this bank credit risk management by Logistic regression model established, combining X bank history approved customer-related data, do further empirical research. Through empirical research found that eight variables have related with applicants default rate, such as applicant age, education, gender, credit card and loan usage.Finally, empirical conclusions and X bank credit risk management related issues, expect the introduction of X bank scoring model based on the existing system of credit risk management, continuous process optimization, strengthening internal management system, strengthen credit card software and hardware facilities, etc. In order to better guard against credit risk, improve profitability.