Construction of Credit Information System and Credit Risk Management for Commercial Banks

Commercial banks are the main body in China's credit system and also the main beneficiaries from the credit system.Owing to the defects in China's social credit information system,it's hard for commercial banks to achieve a comprehensive understanding of the credit conditions of the customers.Decisions for credit-granting made under the premise of asymmetric credit have greatly increased the operational risks in commercial banks.Therefore,strengthening credit information management for modern commercial banks is not only the social obligations for them,but also an important guarantee for implementation of sound operation and risk prevention capability.