Research On Credit Risk Management Of LX Microfinance Company In Liaocheng City

At present,micro-credit companies are defined as local financial organizations by the public,and the core business of micro-credit companies is micro-credit business.The risk of credit business is the main risk faced by micro-credit companies.Only by improving the credit management ability and level of micro-credit companies in an all-round way,the sound and sustainable development of micro-credit companies can be realized.The development of micro-credit companies has played a very important role in alleviating the financing difficulties of small and medium-sized enterprises.The continuous establishment of micro-credit companies has effectively promoted the hyalinized and standardized development of private capital.Micro-credit companies are faced with a lot of credit risks in the course of operation as the problems of not saving loans,small loan quota,few types of loans,and the scarcity of professional talents and so on.This paper,beginning with the development course of micro-credit companies,summarizes the main development mode of micro-credit companies in China,and introduces the situation of micro-credit companies in Liaocheng,and formulates a clear perspective of the development environment faced by LX Micro-credit Company.By analyzing the organizational structure,profit status,business types and non-performing loans in LX Micro-credit Company,to summarize the external risk,internal risk and social risk in the process of credit risk management.These risks from within the enterprise,social environment and legal policy level are not only the problems faced by LX micro-loan companies,but also the problems over micro-credit companies in Liaocheng,even the whole Shandong Province.In order to solve all kinds of risks,this paper puts forward three suggestions: deeply studying the market,preventing and controlling the credit risk,perfecting the system to avoid the operational risk,strengthening the construction of the talent team,avoiding the moral hazard so as to improve the credit risk management level of the LX Micro-credit Company.The research in this paper is not only conducive to LX Micro-credit Company to form its unique core competitiveness,but also drive LX Micro-loan Company to occupy a certain market share in the increasingly fierce micro-credit market so as to ensure the sound and steady development of LX micro-credit Company.At the same time,the conclusion of this paper can also provide a reference template for micro-credit industry in the process of credit risk management,which has some guiding significance.