Research On Credit Risk Management Of J Bank Participating In PPP Project

China's economic growth has long been dependent on the high growth of fixed asset investment,resulting in the government debt ratio over the warning level.In order to control government debt and attract private capital back to the real economy,the country has vigorously developed the PPP model in recent years.For commercial Banks,project loans of the original "government support" mode have been eliminated,while PPP projects are faced with new situations and risks,such as complicated interest relations,long loan cycle,large loan amount,limited government liability,lack of guarantee means,frequent policy adjustments,etc.The researches of domestic and foreign scholars in this field mainly focus on the change and development of PPP model itself,how to give full play to the characteristics of social capital to further improve efficiency,how to reduce the financial burden of the government and other issues.There are few researches on PPP project credit risk management from the perspective of commercial Banks.Commercial Banks need more perfect risk management system to control the complex situation of PPP project loans.This paper studies the credit risk and management measures of PPP projects from the perspective of commercial Banks.Firstly,this paper briefly explains the concept,implementation mode and general operation process of PPP model,and expounds the basic concept of credit risk of commercial Banks and the basic theory and method of risk management.Secondly,it analyzes the role played by commercial Banks in each stage of PPP project,points out the risks faced by commercial Banks in participating in PPP project,and summarizes the identification and analysis methods of risks from six aspects,including industry risks,business risks,financial risks,government risks,legal risks and guarantee risks.Then,taking the participation of bank J in the YHT project as an example,the paper analyzes the risks faced by bank J during the implementation of the project and its control measures,and designs a complete credit extension scheme and post-loan management scheme according to the risk assessment.Finally,the case enlightenment and conclusion are given.The main conclusions of this paper are as follows :(1)when China's commercial Banks participate in the PPP model,they are mainly faced with industry risks,operational risks and financial risks;Banks should choose "four good" projects according to the principle of prudence.(2)in order to control risks,commercial Banks should strengthen post-loan monitoring,close the operation of project funds,try to lock the government paid account,and apply big data technology in post-loan management;(3)in the PPP model,the risks borne by the stakeholders should be equal to the rights they hold and the benefits they enjoy;Commercial Banks should build risk monitoring system with the help of government.