The Credit Risk Research Of Real Estate Development Loans Of Chinese Commercial Banks Based On KMV Model

In recent years,with the rapid development of the real estate industry in the field of the national economy,the real estate development loans showed an increasing trend.Real estate credit continued to rise in the proportion of total credit in commercial banks,it is bound to bring the potential of real estate credit risk,and the risk will be passed on and highly concentrated in commercial banks,will be a huge loss to the assets of commercial banks.Our credit system is not perfect at this stage,missing credit databases,and inadequate internal control mechanism of the commercial banks,so that our country commercial bank real estate credit risk research and measurement aspect is still in backward position.Therefore,this paper analyzes and studies abroad through advanced risk measurement methods,techniques and models to learn from and improve management of real estate credit risk of commercial banks,which according to China’s national conditions,the optimization of the commercial banks in real estate development loans Credit Risk studies made further exploration,has important practical significance.Taking China’s commercial banks in real estate development loan credit risk measurement research as the main object of study,generally divided into five sections elaborate theoretical analysis and empirical analysis.First,in the introduction describes the background,purpose and significance of research articles,while describes the main achievements and current status of domestic and foreign experts and scholars to study.The second part is an overview of the theory of commercial bank real estate development loans the credit risk of the formation mechanism of current development and development loans.The third part will focus on the main content of the IRB and the above four modern credit risk models.The fourth part KMV model based on empirical analysis of listed real estate companies,the empirical results show that KMV model can more accurately identify and measure credit risk of commercial banks in real estate development loans,the credit risk of commercial banks in real estate development loans metric measure It has an important guiding significance.Finally,the lack of commercial bank real estate credit management put forward some suggestions.