Translated Abstract
In the dual background of ＂Financial Disintermediation＂ and ＂Interest Rate Marketization＂, as the competition among banking industry in China is extremly intense, commercial banks’s tradintional income sources—“savings and loan spreads” are shrinking. In China, the Small and Medium-Sized Enterprises(SMEs) take a high proportion, are widely spreaded,and their capital are scattered, but the SMEs’ demand for capital is great.Thus, it has great potential and broad market to develop loan business and intermediary business among SMEs which has become the main competing area for commercial bank. Commercial banks need to be updated in many aspects, such as the product, business (especially the current asset financing innovation), risk control, to promote the service of SMEs, and develop new business modes in order to enhance their competitiveness. The Supply Chain Finance arises under this background.In recent years, The Supply Chain Financing business is an innovative financial business mode which is developed by many commercial banks, especially is tailored for SMEs’ characteristic and financial demand. Accounts Receivable Financing mode, Storehouse Financing Mode, and Confirming Storehouse Financing mode are three main business modes of Supply Chain Financing, which are carried by commercial Banks. The above three modes are sumarrized, compared and analysized in this thesis. On the basis of this, combining with the characteristics of small and medium-sized enterprises in our country and their financing needs, this thesis puts forward the nessicity of research on Accounts Receivable Financing Mode and its risk.This thesis analyzes the Accounts Receivable Financing mode and factors affecting Credit Risk. Then it refers to predecessors‘ research achievements in risk control of Supply Chain Finance. Based on the Analytic Hierarchy Process (AHP) , I constructs an Accounts Receivable Financing mode’s Credit Risk Assessment Index System, and calculates the weights of every index.According to the Index System and the Index Weight calculated in the above, this thesis concludes we can tell that the key nodes for controling and preventing Accouts Reciecable Financing’s CreditRisk are the quality of financing enterprises’ accounts receivable, the actual debt trade degree between financing enterprise and enterprise in debt. This thesis puts forward some recommendations in controlling financing credit risk of accounts receivable.
Corresponding authors email
