The credit risk transfer strategies on the modern commercial bank

Credit risk is the oldest kind of risk in the financial market.Transfer strategies such as risk transfer and decentralization have always been the important means of managing credit risk.With more importance attached to the credit risk and its calculability exchange,transfer strategies are becoming more diversified and also more prominent in credit risk management.Different management methods can be adopted according to credit risk transfer and credit risk rejection.There are traditional and contemporary strategies of credit risk transfer based on the definition of credit risk transfer and its evolution.The specific strategies,including insurance,asset securitization and credit derivatives,are described and analyzed in detail,and some suggestions about credit risk transfer are brought forward,which will be valuable for commercial bank's credit risk management in theory and practice.