Study On The Export Business Credit Risk Management Of H Company

During transaction process of various forms of credit sales,the possibility of making a loss to one side of dealers by the reason of the other side fails to fulfill payment commitment is called commercial credit risk.It is mainly manifested as customers no payment or no payment ability.Commercial credit risk is always one of the major challenges in the process of enterprise export.The process of export activities is often complicated.The process of export activity is often complicated.Once the buyer has the commercial credit risk,does not perform the contract,or does not pay,it is often difficult for the exporter to recover the loss.The company always suffers great losses as a result of lacking awareness and ability of risk management in the practice of export.This article starts from the theory of commercial credit and risk management,and introduces the generated time,historical background,representative characters and main theories of risk management.It also describes the actual situation of H Company export activity.The H Company exports mainly electromechanical products to the developing countries.Local financial industry is underdeveloped in these countries.Sellers have a strong demand for credit sales.The proportion of export receivable account has been increasing in recent years.Various forms of credit sales achieve 30%of sales.The problem of credit risk management is serious.This article describes the main problems of H Company export credit risk management and influence of credit risk.It specially analyzes the actual situation of H Company currently export credit risk management and finds out the main problems of the risk management process terminal with five aspects: H Company's commercial credit risk management system is not perfect;customer credit evaluation system to be improved;export credit insurance effectiveness in China is not good enough;there is no responsible mechanism for establishing commercial credit risk;sales contract file management is missing.The reason of these problems is that the H Company has been developing with a high speed for more than a decade after it set up.It pursues a good performance of sales and neglects the internal risk control to a certain extent,especially credit sales risk management.This article provides corresponding measures for these five aspects of problems.These measures would complete the H Company commercial credit risk management system and customer credit evaluation system.It helps to make use of Chinese export credit insurance company in maximum extent;builds the responsibility mechanism of and strengthens contract files management.It is expected to help improve the internal process system of H Company,strengthen the management of the commercial credit risk of enterprises,and make the business more stable.