我国科技型中小企业信用风险评估及信贷应用

Exploration and Creidt Application of Credit Risk Assessment for Science and Technology-Based SMEs in China

本文针对科技型中小企业,构建了修订的KMV模型,并进行统计计量分析,验证了模型的预测效果。之后,将模型的结果应用于RAROC模型中进行贷款定价,并以A公司为例进行案例分析。结果表明,修订的KMV模型能够对我们科技型中小企业的信用风险进行有效识别和度量,将其结果应用于贷款定价中,将有助于提高企业与银行之间的信息透明度,缓解科技型中小企业融资问题,提高商业银行风险管理水平。

In this paper, a revised KMV model is constructed for technology-based SMEs, and statistical-econometric analysis is performed to verify the predictive effect of the model. After that, the results of the model are applied to the RAROC model for loan pricing, and a case study is conducted with Company A as an example. The results show that the revised KMV model can effectively identify and measure the credit risk of our technology-based SMEs, and applying the results to loan pricing will help improve the information transparency between enterprises and banks, alleviate the financing problems of technology-based SMEs, and improve the risk management of commercial banks.