The Study of Credit Risk Stress Testing on Micro-redit Companies

With the deterioration of the external economic environment in recent years, the problem of credit risk in China's economy has gradually been exposed.We carries out credit risk stress testing on small loan companies in Zhejiang province with macro stress testing framework of financial system.The results show that the fluctuations of nominal GDP growth rate significantly affect loan delinquencies of small loan companies, and it is necessary to make an eye on macro-economy fluctuation when we are monitoring the risk of small loan companies.