Research On Risk Management Of JY Financial Leasing Company

In 1952,the US Leasing Company was formally established.This is the world's first financial leasing company.It is the first in the financial financing field to use financing leasing to finance.Financial leasing is a form of credit in which financing is used instead of financing,and financing and financing are closely linked.The direct purpose of financing is to use movable property such as production equipment as the object of leasing,and corporate legal representative as the lessee has typical financial characteristics.Since2007,the China Banking Regulatory Commission has allowed China's commercial banks to engage in financial leasing business.Subsequently,major commercial banks have successively launched their own financial leasing business,which has promoted the development of China's financial leasing business to a certain extent.In March 2014,the China Banking Regulatory Commission officially adopted the “Management Measures for Financial Leasing Companies”(revised edition),in which the threshold for commercial banks to engage in financial leasing business was greatly reduced,and the commercial leasing business of city commercial banks and rural commercial banks entered a high-speed development.In the period,the financial leasing business has become a new space for major commercial banks to achieve profitable growth.In recent years,the overall scale of China's financial leasing industry has risen rapidly.At the end of 2018,the number of financial leasing companies has reached 70,with a total registered capital of 2004 billion.Of the 70 financial leasing companies that have been established,69 have already opened,among which After being approved in 2018,Che Financial Rental Co.,Ltd.is actively preparing for the opening of the business.As the first financial leasing company in Jilin Province,JY Financial Leasing Co.,Ltd.has provided new choices for the financing of SMEs.Due to the short set-up time and the impact of geographical limitations,JY Financial Leasing Company still has common problems in the development of other financial leasing companies.Through the risk management research of JY Financial Leasing Company,it summarizes the problems and causes in the development process,and proposes suggestions and suggestions for improvement in the existing deficiencies,helping JY Financial Leasing Company to improve its risk management capabilities.Can provide reference and reference for the development of other financial leasing companies in China.