Research On Credit Risk Management In Commercial Bank Supply Chain Finance,Based On Key Nodes Of Business Processes

With the development of economic globalization and the deepening of financial reform,supply chain finance,as an innovative financial model,developed rapidly in both domestic and international commercial banks.Commercial banks use core enterprise as a breakthrough point to link upstream and downstream enterprises and provide a range of financial products and services based on information flow,logistic flow and cash flow.On the one hand,supply chain finance can enhance the competitiveness of commercial banks by optimizing the business structure and improving the profitability mode;on the other hand,it can enhance the overall competitiveness of the supply chain by partially solving the financing difficulties of small and medium enterprises.As a result,supply chain finance has become a new field for commercial banks to expand their business and fierce competition.It has brought huge profits and inevitable risks to commercial banks at the same time.Credit risk is the most important one among them.Firstly,this paper introduces concepts,characteristics,basic models and credit risk management of supply chain finance.By combing the relevant research at home and abroad,this paper reveals that,due to information asymmetry,principal-agent,transaction costs,etc.,the current development of the supply chain finance is facing a greater credit risk.Secondly,through analysis of the causes of the credit risk of supply chain finance and risk identification and evaluation method,it is suggested that the risk management of supply chain finance should be based on key nodes of business processes,and strengthened from the following aspects:credit subject access,credit limit control,three flow monitoring and post-loan management.It also points out that,online supply chain finance presents a vigorous development trend under the background of Internet finance.To a certain extent,the development of online supply chain finance reduces the credit risk of off-line financial supply chain.Finally,combined with the specific case of ZGJS bank supply chain financial risk management,This paper will offer some reference suggestions for the financial risk management of commercial banks in China.The results shows:(1)As a new financing mode,Supply Chain Finance exists different risks rather than traditional credit business,having credit risk as the core risk.(2)Commercial banks take risk management method based on key nodes to preferably manage credit risk in Supply Chain Finance.(3)Risk recognition,evaluation and control of credit subject access could adequately avoid risks of inadequate customer access.Risk recognition,evaluation and control of credit limit control could commendably avoid excessive risks of gross credit extension.Risk recognition,evaluation and control of flow monitoring could adequately avoid risks of inappropriate supervision.Risk recognition,evaluation and control of post-loan management could commendably avoid out-of-control risk of post-loan management.(4)Online Supply Chain Finance,to an extent,solves the credit risk management problem of offline Supply Chain Finance.