Research On Risk Identification And Responses Concerning Grain And Oil Credit Business In Jilin Branch Of The Agricultural Development Bank Of China Under The Perspective Of Internal Control

Since the mid of the Agricultural Development Bank(ADBC) is at the present stage in China’s three policy banks, it is not only China’s financial system is an indispensable important constituent part, or the domestic financial reform process the main witness. Since last century 1990 s, agricultural issue in many aspects across and good development, and it is also in the national financial reform history compose a new chapter. The agricultural development bank is the country in order to support agricultural project development and the establishment of specialized banks, is because of the agricultural development bank special, especially in cereals, Oils & loans and funds management there is a certain risk and special, therefore management exist some policy and cross cutting areas, because of policy reasons caused by the issuing bank was forced to carry out a loan, the banks manage risk, if not timely payment of recycling, the development in the later stage of the bank is very unfavorable factors is a huge risk. Therefore, in order to further ensure Baonong issue in the future can be sustained and stable development of the can be synchronized with the development of the times requires us to rational use of modern and advanced strong management ways and means to the of the corresponding system and policy adjustment and innovation and reform. As we all know, the bank Daily operation smoothly, stability is by the level of internal control to decide, not only is the normal operation of the foundation, or to upgrade the level of all aspects of the bank’s key, so it needs to be in during the operation of the bank are reflected, at the same time, good internal control system to ensure the smooth conduct of the internal control work, of course, this for the agricultural issue is the same. So it suggests that, to carry out the management work of Agricultural Development Bank need establishment in the perfect internal control system, agricultural issue can be in a good internal environment to ensure the work smoothly. And this also, improve internal supervision level of agricultural issue, can enhance the internal information of high accuracy, To ensure the appropriate asset security, and also allows farmers to issue a national financial policy, the effective implementation of the policy, so that their business activities are stable and good implementation.Based upon introduction of ADBC’s original and developmental backgrounds as well as progressions and upon in-depth understandings on types of grain and oil credit, major internal control-concerned risks appearing during the process of grain and oil credit businesses are summarized and explained with practical examples; and targeted and specific measures corresponding to inter control-concerned risks are presented from several aspects by integrating relevant theories concerning internal control and compliance, hoping to assist ADBC on improving internal control and risk prevention capacities with these measures and to upgrade internal control mechanism to a perfection.