Study On Credit Of Import Frozen Meat Products Warehouse Receipt Pledging At Branch A Of Bank M In Dalian

The study is based on the investigation of import frozen meat from Dalian port; In order to provide credit support for frozen meat products import trading, scheme whose guarantee is warehouse receipt was made.Firstly, the development history of logistics finance in the west and China was previewed, the views of relevant scholars and the literature were also referenced. Secondly, import frozen meat market conditions in Dalian port was analyzed, and conclusion was made as follow, the quantity of import frozen meat has been growing year by year, but supplement deficiency remains; and the import price have an advantage over that in China. Frozen meat products import traders we investigated have relatively stable profit margins.However, commercial banks know little about import frozen meat business to the contrary, and credit support was far from needed. For example, branch A of bank M whose credit involved several fragment industry did not emerge mass-development status; In addition, the question facing the credit for frozen meat products is shortage of suitable pledge and stock credit is mainly low risk which has little help to traders said above.In view of the current situation and problem above, the credit policy is formulated with import frozen meat as pledge. The import traders were layered and selected; Namely:the actual controller of the company should engaged in this trading for not less than three years, the import quantity in 2013 should not less than $ 4,000,000; and import frozen meat was feasible to be selected as pledge according to its property. The workable logistics financial mode was made. Finally, in order to reduce the risk of pledge, CIQ record warehouse company which can storage import frozen meat were preferred supervision; supervision strategy is designed to insure the quality and price of pledge, purchase insurance and price mark-to-market risk mitigation measures were made to to reduce the risk of default.The study aim at relieve part of import traders financing needs or help them expand the scale of business operations. On the other hand, for banks, interest income will increase and at the same time, the credit default risk of import frozen meat companies would reduce.