Risk Management Research Of Henan LY Financial Leasing Co.LTD

The leasing industry,born in America in the 1950 s,has become a very important tool in financial market with the advantage of integrating margin content.Financial lease has been a useful way to broaden the financing channels of industry enterprise,updated technology products and promote product sales.In recent years,financial lease has made progress rapidly.It has gained an unprecedented growth in the number of financial leasing companies,turnover,scale,etc.With the rapid development of financial lease,risks have followed.It is the most important task for financial leasing companies to take precautions against risks in their business.Because of the complexity of integrating margin content,the risks of financial lease run through the whole leasing project from beginning to end.The neglect of risk management in any part of the project may have a great impact on the operation of the company.Therefore,it is urgent to perfect the internal risk management system and strengthen the external risk management of financial leasing companies.LY financial leasing co.,LTD.is an enterprise which established in 2014.It is the first financial leasing company in Henan Province.Since its establishment,the company is the attached great importance on risk management.It also has a set of feasible risk identification,evaluation and control system.Because financial lease is a complex and multiple financial instrument,LY financial leasing co.,LTD.will meet certain risks during developing and cause loss.Therefore,it's the key for LY financial leasing co.,LTD.to know that how to identify,evaluate,and control the risks effectively in the process of this company's development.This paper introduces the risk prevention and control measures of domestic and foreign financial leasing companies by analyzing the operating situation,existing risks and risk prevention and control measures of LY financial leasing companies.According to the actual operation of LY Financial Leasing Co.,Ltd.,this paper puts forward a risk management improvement scheme to help the company achieve healthy development,and also provides reference for the risk management of other companies in the leasing industry,especially the financial leasing companies.