On the Construction of Credit Risk Management Mechanism of China's Commercial Bank

Credit risk is the primary risk that commercial banks encounter nowadays.As Chinese finance is increasingly open,commercial bank's credit risk tends to rise.The credit risk of international banking is managed in a quantitative,systemic,information-based,dynamic,comprehensive and legal manner.Therefore it is necessary to draw advanced experience in an attempt to create a credit risk management model suitable to China,to widen channels of seeking credit,to perfect credit management institutions,to establish commercial bank's credit evaluation system targeted at individual and enterprise,and to improve the law system of credit risk management.