Research On The Optimization Of Company Credit Approval Management Of JR Bank

As the core assets business of commercial banks,crediting has always been the focus of commercial banks both at home and abroad.Confronted with the fierce competition in the financial market,credit approval management,which is the core procedure of credit management,has become an important factor inthe competition among commercial banks,and is directly related to the banks' revenue income and risks.Efficiency and quality of the credit approval are in connection with the continuous and sound development of the banks.Although the banks have made great efforts on improving their credit approval management,many problems still exist,such as the loss of project opportunity with a potential profit due to the low approval efficiency,and insufficient risk adjustment accuracy,etc.,all of which restrict further development of crediting business of commercial banks.Therefore,how to optimize and innovate the credit approval management has become a focus of commercial banks.This paper was aimed at researching into the solutions on the optimization of credit approval management of commercial banks by taking JR Bank as the research object.To begin with,the author performed questionnaire surveys and interviews,as well as conducting a statistical data analysis and other methods,and combined these findings with the author's years of experience in credit approval to analyze the status quo of JR Bank's credit approval management and revealed the existing essential problems,which are as follows: the overall credit efficiency is relatively low,which results in low actual money usage rate and has become one the greatest obstacles to the improvement of market competitiveness for commercial banks under the general trend of reform of interest rate marketization.Secondly,based on the existing problems per se,in combination with the actual conditions of JR Bank,an in-depth analysis was made on the reasons causing such problems.Thirdly,the corresponding countermeasures and suggestions were made in such three aspects as optimization of approval authority procedures,enhancement of human management,and improvement of internal services,by integrating the process optimization theory,Taylor's scientific management theory(i.e.,the scientific selection and cultivationof “first-class workers”)and Barnard's organizational theory.In summary,the following conclusions can be drawn: First,there are certain defects in the current credit approval process of JR Bank,which is not conducive to the improvement of market competitiveness.Through continuous optimization of the credit approval process,the efficiency of the company's credit approval can be maximized.Enhance the marketing capabilities and core competitiveness of JR Bank.Second,the JR Bank Company credits all aspects of the staff,especially the investigation and review personnel's business level needs to be improved.The investigation,review and approval of the team of personnel should bestrengthened,and the quality of the company's credit approval should be improved.Third,there is no effective communication mechanism between the JR banking department and the review and approval personnel.It can introduce the internal service awareness of the bank,improve the external supervision and restraint mechanism,and improve the communication mechanism of the company's credit approval.All aspects of credit approval are smooth and close to the market.In conducting this research,the general purpose of the author was to increase JR Bank's credit approval quality and efficiency,as well as improve the credit approval management level and then strengthen its market competitiveness through optimizing and improving JR Bank's current credit approval management.These points qualify this study in terms of both the practical and theoretical significance for the credit approval management work of JR Bank and other commercial banks.The main innovations of this paper are as follows: Firstly,through inductive learning of related literatures,it is found that foreign scholars are more focused on cost control and quantitative technology research and development,design process improvement and optimization,and system upgrades are relatively weak.However,domestic research on credit approval management mode still needs to be strengthened,especially at specific levels.Therefore,this paper intends to take JR Bank as an example to explore the path and implementation plan of the company's credit approval management optimization from the macro and micro level of the enterprise.On the macro level,it analyzes and discusses the three major aspects of approval authority process optimization,personnel management enhancement,and internal service improvement.On the micro level,it interprets existing problems and proposes solutions from all aspects of investigation,examination and approval,and introduces banks.The corporate culture concept of internal service proposes a credit granting management optimization implementation plan to make up for or advance the deficiencies of previous research on the company's credit approval management model.The second is the domestic literature on the research of credit approval management of commercial banks.Most of the research objects are the five state-owned banks and listed stock banks.The research object of this paper is the local commercial bank.The bank of this type has a larger management mode.Weak,and some still use the old credit management system.Therefore,research on this type of bank has certain uniqueness and representativeness.