Research On Credit Risk Management Of JP Company’s SMEs Financing And Credit Enhancement Business

Small and medium-sized enterprises(SMEs)have played an irreplaceable role in promoting economic growth.Such as promoting innovation,increasing tax revenue and creating employment.The healthy development of SMEs has attracted more and more attention from government departments and academic circles.SMEs are generally faced with financing gap,low financing availability and high financing costs.At present,scholars at home and abroad have payed more and more attention to the following points.First of all,combining financial instruments to give full play to their own characteristics.Secend,optimizing the financing environment of SMEs.with comprehensive financial means.At last,reducing credit risks in the financing field of SMEs.This thesis takes the credit risk management of SMEs financing credit enhancement business carried out by Tianjin JP Asset Management Co.,Ltd.(hereinafter referred to as "Tianjin JP Asset")as the research object.The thesis is expected to provide a theoretical basis for the research and development of risk management in SMEs,and promote the development of local AMC business.First of all,this thesis makes necessary comments on related researches of credit risk management by analyzing relevant literature and summarizes the problems and causes faced by SMEs in financing.The necessities for such business Tianjin JP Asset are carried out.Secondly,on the basis of using credit 5C analysis method and Delphi method.The thesis analyzes the credit risks faced by Tianjin JP Asset in the financing and credit enhancement business of SMEs.Then the thesis identifies 28 risk factors from six risk dimensions from debt paying ability,guarantee measures,business environment,moral quality,capital strength and additional factors.Thirdly,an analytic hierarchy model is constructed to determine the weight of each risk factor.Through the fuzzy comprehensive evaluation method,the comprehensive risk degree of each risk factor is evaluated.Finally,combined with the above research results,the thesis puts forward targeted credit risk controls and monitoring measures.