Research On "Credit Factory" Mod Of Commercial Banks

In the process of development of domestic social economy,the proportion of small & medium-sized enterprises of which is becoming higher.Although the small & medium-sized enterprises have occupied an absolutely imported position during the development of economy,banks do not prefer to provide them with financing support,which results in an awkward comparison of ‘strength' concerning the economic growth of small & medium-sized enterprises with ‘weakness' regarding to their situations confronting the financing support of banks.Banks have long been in trouble for SME loans.The relevant theories between banks and enterprises(financing costs,information asymmetry,etc.)can explain this phenomenon.The prudent management principles of commercial banks,strict customer selection rules and the backward management method,weak guarantee ability is the main reasons for this dilemma.In succession to several large state-owned & controlling share hold commercial banks,such as China Construction Bank,Bank of China and so on,the Postal Savings Bank of China(PSBC)also launched the innovation and exploration concerning ‘credit factory'.Sichuan PSBC greatly enhance the efficiency of approval and lending as to loans of consumption as well as a fraction of operation,but there are existing problems of current mode of credit factory,such as incomplete underlying data,low degree of intelligent examination and approval,single loan variety and so on.How to continue to explore and innovate on the basis of the existing credit factory model is a problem of PSBC and other major financial institutions.To solve the problem,this paper will focus on the comparison analysis of the ‘credit factory' mode of Sichuan PSBC with inter-bank such as Bank of China and China Construction Bank,in order to find out respective advantages as well as disadvantages.According to the analysis of issues in the previous chapter and the introduction of several Internet finances developing amazingly in recent years,the method to solve the problem of current credit factory is proposed,that is,the mode of ‘credit factory 2.0'.It indicates the shortage of current mode of credit factory in terms of technological innovation,which meets the challenges including data acquisition,client identity and identification of risk,and an inevitable tendency of escalation from current mode to the mode of ‘credit factory 2.0'(‘credit workshop').The ‘Credit Factory 2.0' model(‘credit workshop')relies on the data generated by customers in various financial scenarios for business,social,financial and other activities,and uses financial technology such as big data and blockchain to analyze it.It can identify customer loan demand,comprehensively judge customer credit risk in a multi-dimensional manner,and use artificial intelligence to improve operational efficiency in the loan approval process,and at the same time improve identification and management of after-loan risks.Based on the research of previous chapters,this paper will give emphasis to the development of ‘credit factory' of Sichuan PSBC to propose opinions and suggestions on two aspects of ‘on-line' and ‘off-line'.‘On-line':1.To speed up the escalation from the mode of ‘credit factory 1.0' to the mode of ‘credit factory 2.0',that is,the mode of ‘credit workshop',accelerate construction of scenario,collect big data to analyze,add the mechanism of functional decision such as study of artificial intelligence,and optimize the model of risk control;2.To develop ‘Youyoubao APP(user/merchant)' at full blast,in order to establish an unique and integrated payment platform;3.In the section of credit,to increase the human-computer interaction audit,and enhance credit efficiency,capability of risk control,and resource allocation efficiency;4.To strengthen the control on scenario,and engage in the key maintenance and design of new product concerning the situations of more interactions between offline merchants and users.‘Off-line': 1.To make the brand effect of mode known,and remold the culture of credit;2.To speed up business transformation,and assist small & medium-sized enterprises;3.To deeply integrate the operation management of small & medium-sized enterprises,firm the scenario of ‘root pole',so as to lay a foundation for the unique mode of credit factory of PSBC;4.To take ‘credit factory' to the grassroots,and give service to the small & medium-sized enterprises,which are the key target customers of PSBC,step by step.