Credit card credit risk early warning mechanism and Research
|School||Capital University of Economics|
|Keywords||Credit card Risk Warning Control|
The premise of the continuous progress of the cause of the reform of the financial system and the increasing of the degree of openness of China's financial and monetary markets, the most recent period the majority of domestic commercial banks have credit card business to do the core product in its long-term strategic planning. Many foreign commercial banks to enter the Chinese market are different ways to get involved in China's credit card business, which makes China's credit card market competition has become intense. The same time, China's bank card acceptance environment has made significant progress, chaired by UnionPay bank card network, a joint project has taken to achieve the goal, with a diversified, market-oriented features of the credit card industry chain of the whole society has been fully formed, CUP as a Chinese national brand credit card issuing organization, fully equipped with the strength of the competition and leading credit card issuer in the international organizations, all this shows that China's credit card industry has entered a period of rapid growth. 2003, known in the industry as \level. As of the end of the third quarter of 2008, China's total credit card ending credit of 891.047 billion yuan, a year-on-year growth of 70.9%, which is 3.5 times in the same period in 2006. The proportion of dominant position in the bank card debit card continued to decline in our credit card volume growth continues to accelerate while. As of the end of the third quarter of 2008, the national total of issued bank Qatar 1728896900, debit card issuance volume of only 1,597,440,200, accounting for 92.4% of the total issuance volume of bank cards, the percentage has been reduced by 2.4 year-on-year percent; credit card issuance volume has reached 131,456,700. However, rapid growth in the credit card business, credit card business unsecured revolving credit characteristics and the actual credit card business unplanned, no fixed location, a large number of small single transaction easy card issuing audit procedures. characteristics, the credit card business is a high-risk business. Therefore, risk control is one of the most important elements in the affairs of all operations and management of the credit card issuer. Risk management systems and the application of state-of-the-art technology to build a modern credit card business innovation that is the core of the reform and development of China's credit card issuing institutions, and to improve the effective protection of the credit card business. Card issuers in China, compared with foreign advanced organizations as a result of the credit card business a short time, the lack of business experience, there are still a considerable gap. Credit risk control, risk management philosophy of card issuers, the technical level is relatively backward, relative lack of experience. Outdated concept of risk management, the unsound credit-related legal system and regulatory system, the imperfect social credit system, as well as society as a whole bad credit ambience, relatively backward credit culture and other factors, all of our credit card business risk management level challenges. This paper aims to build a set of credit card credit risk early warning mechanism, and comprehensively improve the level of China's commercial bank credit card credit risk control, and put forward some ideas and thoughts for the healthy and stable development of China's credit card business.