Study On Credit Risk Management Of Microfinance For L Rural Postal Savings Bank

The “No 1 Central Document”has referred to the development of “three rural issues ”since 2004,which shows that the Central Committee of the Communist Party of China put the development of agriculture,rural areas and farmers in a crucial position.In the work of increasing farmers 'income,agricultural development and rural stability,the core issue is increasing farmers' incomes.The biggest problem of China's vast number of farmers in the road to increase income is no financial support.Since it's established,The Postal Savings Bank is committed to serving the "three rural",relying on network advantages,to create a professional service team.Microfinance is designed to support the "three rural".Since the establishment of the L Rural Postal Savings Bank in 2008,the credit volume of the microfinance has reached 4.1 billion,which has laying a good market foundation and winning the praise from the regulators,the government and the loan customers.However,withing the continuous expansion of business scale,asset quality problem is becomimg a bottleneck in the further development of microfinance.Although the current asset quality is in the controllable range,but it has affected the development of the initiative.The situation of the credit quality caused by the credit risk is further grim.Based on the domestic and foreign literatures on credit risk factors and credit risk management of microfinance,we make a empirical research and obtain the impact of L Rural Postal Savings Bank microfinance customers credit risk default factors.The first Chapter of this paper introduces the research background,purpose and significance of this paper,review of domestic and foreign literatures about factors influencing microfinance credit risk,and management research.The second chapter integrate with practice,introduces the basic characteristics of microfinance.It summarizes the characteristics of microfinance through continuous development and innovation,which is different from the traditional analysis of microfinance.Then we study the credit risk forms,and introduce the information asymmetry which provides the theoretical basis for credit risk management.In the third chapter,we describes the development of microfinance,business operation and credit risk management of L Postal Savings Bank.The we highlight the credit risk factors and causes analysis.At last,we make an empirical test through establish the Logit model by selecting some samples in 2014 and 2015,and draw the conclusion that the main influencing factors of credit risk include: the borrower's family income,working years,Education level,repayment method of loan,whether breach of contract in the group.Finally,based on the results of Logit model,this chapter gives some advice for the risk prevention of microfinance management,and puts forward management suggestions based on the current situation of the management of L Rural Postal Savings Bank.