| In recent years,the proportion of SMEs in the main body of China’s market economy has been increasing,becoming an important part of the modern national economy,but due to their low stability and risk resistance,lack of economies of scale and strong market competitiveness,financing difficulties have become a factor hindering the development of most SMEs.In order to promote the healthy and orderly development of SMEs,the development of guarantee business has become one of the important ways to solve this problem.However,due to the late start of the guarantee industry in China and the short development time of the industry,the risk faced by the guarantee industry is also very huge.How to improve the risk management of guarantee business,optimize the social environment for the development of guarantee business,and reduce the business risks transmitted by banks and other financial institutions as well as SMEs to guarantee institutions is a major issue facing the industry at present.This paper takes Hunan Small &Medium Enterprises Financing Guarantee Co.,Ltd.as the research object,and studies the risk management issues of guarantee business based on the theory of comprehensive risk management as well as the theory of information asymmetry,in conjunction with the actual situation of the company’s current guarantee business development.Firstly,the author introduces the basic situation and business development of the company,and describes the current risk management system of the company,including risk identification and evaluation before guarantee,risk control during guarantee and early warning and disposal after guarantee;then,the author list the problems and main reasons of each link based on the above description of the current situation and the author’s own work,sorted out the system,internal management,staff quality,information technology construction and other related reasons.In addition,the strategies for improving risk management of guarantee business of the company are proposed,including improving pre-guarantee due diligence,optimizing guarantee business entry criteria,strict guarantee business review and approval,strengthening the effectiveness of counter-guarantee measures,enhancing the rigor of underwriting and lending,differentiating risk management of guarantee projects,and diversifying means of recovery,etc.Finally,through the improvement of internal supervision mechanism and accountability system,cultivation of professional talents,improvement of risk-sharing measures and other multi-safeguard measures are proposed to assure the implementation of amelioration tactics without a hitch.The paper aims to conduct an in-depth study on the current situation of risk management of the company’s guarantee business,explore its shortcomings,propose optimization measures to improve the overall quality of the business and the company’s risk management level,so as to reduce the overall risk of the company’s guarantee business and promote the healthy and orderly development of the company,thus better supporting small and medium-sized enterprises in Hunan Province and promoting the steady and healthy development of the social economy. |
