Credit Risk And Prevention Of China’s Commercial Banks Under The New Economic Normal

Since China’s reform and opening up, China’s economic development has a series of changes have taken place.At present, China’s economic development has entered a new historical period and the historical stage.We call it the "new normal" of the economy, the economic "new normal" has become the new period of China in the current of the brief summary, also is in the new era of China’s economic development is extremely important major premise, must pay attention.This stage compared to the past in terms of economic development model, significant changes have taken place.The power of the development of economy has also had a fundamental change."Steady growth, structural adjustment, promote the reform of" has become the current our country in the face of the economic development of the new normal overall strategic planning and strategic deployment.Elements of the economic development of the new normal changed ever drive and investment-driven economic development mode, and the pattern of economic development mainly to rely on innovation.Described the new normal "is a kind of strategic thinking and strategic point of view. In the" new normal "of economic development under the background of, what are our subjective consciousness and attitude to face the economic development under the new normal is accord with the normal economic situation of our country, this is the key to China’s economic development of the new normal.For now, in the national economy, finance has become the backbone of national economy.So the development of commercial Banks has become a very important part of the economic development of all countries.Commercial bank credit business is the main commercial Banks profit.The credit risk of commercial Banks in the new period has new risks and new features, so under the "new normal" of economic development, the credit business of commercial Banks will face ever produced in the process of economic development can’t foresee a series of risks.So under the new normal, commercial Banks in order to achieve the prevention and control of credit risk, must need to take the corresponding measures and measures.In the new normal economic development, commercial banks face risks from three aspects of the Internet from the financial, interest rate market and financial disintermediation and the like. During this period of economic development, commercial banks will inevitably need to come out from the existing old normal mind-set in the past, truly transform their business strategy and risk response strategies to adapt to the credit risk under the new normal. Under the new normal risk of commercial banks faced with a certain objectivity, concealment, relative controllability and relative dispersion characteristics. Thus the characteristics of credit risk under normal Faced with these new commercial banks need to actively take appropriate risk response strategies and risk management practices so as to realize the commercial banks in the economic development of the new normal credit risk better prevention and control. Risk diversification, risk transfer, risk hedging, the use of a series of policy risk compensation and other commercial banks are truly very important means of controlling credit risk. So in the new normal economic development, commercial bank credit risk control and prevent the inevitable need for rational planning and management from the initial audit to the final part of the repayment of the credit, commercial banks to ensure that the real loss of government in the economic development of the New Normal umbrella can still achieve better development.Combine the basic situation of China’s economic development under the new normal in this article, the basic control and prevent credit risks of commercial banks corresponding research. Pointed out a series of measures in the new normal, China’s commercial banks should take.