Research On Credit Risk Management Of Inclusive Finance In Shandong Branch Of B Bank Under The Background Of Fintech

Inclusive finance is of great significance to the healthy,balanced and sustainable development of the financial industry,especially the banking industry.It is conducive to promoting the transformation and upgrading of the financial industry and the high-quality development of the economy,and alleviating the shortage and mismatch of resources in key areas and weak links of economic and social development.At this point of post-pandemic economic recovery,it is essential to fully unleash the huge potential of inclusive finance to empower industries.However,compared with simply through inclusive business to "turn around losses and make up for profits",how to de-mine the potential risks of inclusive credit business is the realistic problem that banks and financial institutions have to face.The innovation and development of fintech has redefined the logic of inclusive finance development,and proposed new ideas and new routes to resolve the basic contradiction between policy and commerciality of inclusive finance.Based on the total risk management theory,information asymmetry theory and long tail theory,this paper takes B Bank Shandong Branch as a case to study,discuss and summarize the credit risk management of inclusive finance business.Through the relevant research on the fintech and credit risks of inclusive finance business,as well as the in-depth field semi-structured interviews and expert questionnaires etc.,the credit risks of inclusive finance business are identified as being mainly divided into online credit business operation risk,moral hazard,business operation risk and macro environmental risk.On this basis,the fuzzy analytic hierarchy process is used to evaluate the weight ratio of various risk factors,and then the credit risk evaluation index system of inclusive finance business of B Bank Shandong Branch is constructed.The evaluation results show that the operational risk of online credit business ranks the highest,followed by business risk,moral hazard and macro environment risk.Meanwhile,factors such as capital intermediary,big data analysis ability and financial management system are evaluated as the top three factors affecting the credit risk of inclusive finance business of B Bank Shandong Branch.Next,based on the actual characteristics of the bank’s risk management,this paper builds a matching credit risk management model for inclusive finance business.Then,referring to the four basic methods of risk response widely used in the industry,namely,risk avoidance,transfer,reduction and acceptance,this paper proposes risk response strategies and measures through PC matrix,risk management importance value and risk response model.Finally,from the four aspects of system guarantee,process guarantee,technical guarantee,personnel guarantee,this paper puts forward the implementation of risk response measures.Based on the background of The Times,the study of this paper takes fintech as the specific background and conducts relevant research based on comprehensive and real institutional data,which is of certain reference significance to enrich the relevant research on credit risk of inclusive finance business and further improve the credit risk control of inclusive finance business for other large commercial banks.It will also help banking institutions become more willing,capable and confident in expanding inclusive financial services.