Study On The Optimizing Of Credit Risk Management Of "Net Agile Loan" Business Of ABC Bank K Branch

Following by the rapid growth speed of Internet and big data technology,ITFIN(Internet Finance)appeared in people's sight.In addition,P2 P lending service is seizing the market share from traditional bank loans.In order to counter the intense market competition,ABC(Agricultural Bank of China)released net agile loan which is a variety of Online Credit Loan.Throughout the development of this product,defects of risk management were revealed which also affected regular growth of the service itself.Currently risk management of net agile loan service is mainly using management processes from traditional personal loans,which appears to be lack of efficiency and validity.For further explanation risk warning system and risk management method form personal loans do not match up properly with net agile loan.It cannot forecast risky events and prevent it from occurring.Furthermore,it is difficult to take any swift and effective action to solve the problems caused by risky events.Ineffective risk management model made ABC facing some difficulties while releasing net agile loan.Along with widespread application of internet and big data technology in Finance field,major internet finance platforms and financial institutions are using these new technologies into their risk management systems.While ABC is making innovations to its products,it should also follow the trend of time to use these new tools into its risk management model.In this way ABC can promote its risk management standard and keep its competitiveness among competitors.This article aimed net agile loan service from ABC as its research target.The goal of this essay was to perfect risk management system of net agile loan.Firstly it studied relating methods of risk management and listed some advanced examples from domestic and foreign countries.It also gave an introduction of ITFIN and big data application technology.Secondly it chose Branch K of ABC which was affected by ITFIN as its research subject.In this part it stated basic information and current situations of Branch K in detail.Then,it introduced distinguishing features,currentsituation and risk management of net agile loan service.Following by a research analysis of problems and reasons according to its risk management.Lastly it gave some possible solutions to the risk management problem using relative methods.The purpose of this study is to perfect the risk management system and standard of net agile loan from Branch K in order to increase its competitiveness.In the meantime,it also gives a reference for the same field of how to use ITFIN and big data application technology to optimize risk management systems.