The Research on the Retail Credit Risk Management of Bank of Communication
|School||Dalian Maritime University|
|Keywords||Credit risk IRB VAR Improvements|
Since the 1970s, world economic integration and financial globalization, liberalization and further accelerate the flow of capital between countries in the growing scale, mobility and faster speed. Faster accumulation of financial risks, financial crisis, economic crisis broke out frequently. Commercial banking business as one of the cornerstones of development, risk management is the eternal theme, Fed Vice Chairman Roger·Rich Goosen once said:"Bank because of the risk and survival and prosperity, while the risk is the most important economic functions of banks, is the reason for the existence of banks. "Currently, the face of the rapid development of economic and social as well as the consumer market, commercial banks are suffering an unprecedented risk management challenges.Only those with sophisticated risk management system to continuously strengthen risk management, to ensure competition in the future in an invincible position.And among the various risks in banks, credit risk is particularly important. In recent years, China’s booming real estate market, has led to increased demand for personal loans personal loan market in the country’s rapidly growing commercial bank’s retail credit business has made considerable progress, personal loans accounted for the proportion of total loans increased year by year. At the same time also brought a very important question:retail credit risk management. In recent years, the U.S. subprime mortgage crisis occurred in retail credit risk control for our wake-up call, although China does not have the subprime mortgage crisis, the objective conditions, but in today’s complex economic situation, to strengthen the personal loan risk control, to ensure personal loan market in a healthy and stable development of preventive measures is necessary.Bank credit in recent years based on the size of the rapid development, the Bank is also increasing emphasis on retail credit risk management, but with the advanced credit risk management methods comparison, the level is still lagging behind. The purpose of this paper is that by drawing on advanced credit risk management methods and models to compare the Bank’s credit risk management of the existing situation.This article will first determine the theoretical foundation. During the long process of theoretical development, credit risk management has become a lot of the classic model, and in these classic models, some already have considerable practical value, such as:internal ratings, credit risk measurement models, and value (VaR) model and so on. These models are the current international credit risk management is more advanced management theory, this article will explain its nature, as well as China’s commercial banks credit risk management flexibility.In order to more clearly the formation of the Bank’s credit risk management status and limitations of the specific comparative analysis of this paper, the current international advanced commercial banks, retail credit risk management system characteristics and domestic commercial banks, retail credit risk management status of the description and analysis, then for the Bank of retail banking credit risk management, the existing organizational structure, management methods were introduced with emphasis on credit portfolio management committee, head of retail credit risk system, approval functions grouped, vertical reporting system, etc., and the organization from the Bank of institutions, credit operations processes, risk management, information management systems and other aspects of analysis of retail credit risk management limitations.Draw on advanced international retail banking credit risk management system and advanced management of domestic commercial banks, retail credit risk management, this paper concludes with a Bank of retail banks to improve credit risk management system in the direction:improvement to the board of directors as the core strategic decision-making body and its operation mode; on the retail credit risk management methods to improve; improve the retail credit risk control measures; improve traffic retail banking credit risk management evaluation system; speed up the implementation of mortgage securitization pace.