【作者】 孙阳；

【导师】 赵爱玲；

【作者基本信息】 东北财经大学 ， 金融学， 2013， 硕士

【摘要】 中小企业对国民经济的良好发展起着重要作用,我国信用担保机构的良好发展对缓解中小企业贷款难发挥了重大作用。自1999年信用担保机构试点开始到现在,中小企业信用担保机构迅速发展,已经成为一个新兴产业,但是我国融资性担保机构普遍处于高风险低收益的处境,中小企业信用担保机构的可持续经营能力受到质疑。本文拟通过分析当前融资性担保机构的盈利模式,找出其面临高风险低收益的原因,并进一步提出一些建议来促进担保机构的可持续发展。信用担保机构分为融资性担保机构和非融资性担保机构,融资性担保机构主要经营融资性担保业务,主要业务为贷款担保,本论文主要研究融资性担保机构。第二章从宏观方面总结了近些年来我国信用担保行业的发展历程和发展现状,并指出我国信用担保行业出现的一些问题。在研究过担保行业的基本情况后,第三章重点研究融资性担保机构,结合数理模型,研究了一定假设条件下融资性担保机构的盈利机理,在此基础上对影响其盈利的各种因素进行分析,提出担保机构资本金的补充难、担保放大倍数低、担保机构承担的风险比例高和担保费率低等问题是导致担保机构“高风险、低收益”的原因。接着,为解决当前担保机构盈利模式的这些问题,第四章先从担保机构外部环境的改善入手,提出要完善与担保相关的法律法规,完善再担保机构建设,促进银行与担保机构的平等合作和完善中小企业信用制度建设,再从担保机构的角度提出建议,指出担保机构应该做专业化的融资性担保机构,做大做强主业,使担保业务更加多元化,拓宽资本金的补充渠道,完善风险管理制度,有实力的担保机构还可以建立担保联盟,进行跨区域经营。本文力求突破前人只用定性对融资性担保机构盈利模式进行研究的现状,通过建立数学模型,研究影响我国融资性担保机构盈利的具体因素,并用公式将各个因素联系起来,清晰的看出他们怎么对担保机构的利润产生影响。但是,模型不能考虑所有担保机构盈利的影响因素,很多因素很难通过指标来表示,可能会对本文的分析产生一定影响,有待于进一步研究。中小企业信用担保机构盈利模式的研究对其可持续发展意义重大,本文希望通过对影响中小企业担保机构盈利因素的具体分析,能够针对性的提出解决方法和思路,一方面能够引起各方对担保机构盈利模式的重视和探讨,另一方面也能够为中小企业信用担保机构的持续性盈利提供参考意见。更多还原

【Abstract】 Small and medium enterprises(SMEs) play an important role in the development of national economy,and China SME guarantee agencies play a positive role in dealing with problems of SME’s loan.Since1999China had made credit guarantee institutions experiments,SME credit guarantee agencies have made a rapid development and has become a new industry in China.But China financing guarantee institutions have faced the problem of "the high risk but the low income".The ablility of sustainable management of SME credit guarantee institutions is questioned.This thesis intends to find out the reasons that the financing guarantee agencies are facing the problem of "the high risk but the low income" through its profit model.The thesis try to put forward some suggestions to maintain the sustainable development of guarantee agencies.Credit guarantee institutions are divided into financing guarantee agencies and non-financing guarantee agencies, financing guarantee agencies mainly manage the financing guarantee business, the main business is the loan guarantee.This thesis mainly researches the financing guarantee agencies. The second chapter summarizes current situation of credit guarantee industry, and points out some problems in the credit guarantee industry. After studying the basic situation of the guarantee industry, the third chapter focuses on the financing guarantee agencies. Combining with the mathematical model, I analysis the current profit of credit guarantee agencies and put forward some problems the guarantee agencies are facing,including difficulty to raise capital,low level of guarantee magnification,low rate of guarantee service charge and so on.To solve the problems of the current profit model of the guarantee agencies, the fourth chapter put forward the improvement of the external environment, improve the regulations related to guarantee,improve the construction of guarantee agencies, promote equal cooperation of Banks and guarantee agencies and improve the small and medium-sized enterprise credit system construction. As for the guarantee agencies,they should focus on financing guarantee business, strengthen and expand its main business, make guarantee business more diversified, widen the channel of the capital complement, improve risk management system.Besides,powerful guarantee agencies can build a guarantee alliance and operate across regions.In order to break through the previous qualitative study on the profit model of financing guarantee institutions,the thesis establish mathematical models to research the effect factors of financing guarantee agencies’ profit.The thesis use formula to link these factors,it clearly show how the financing agencies profit.But the model can not consider all factors and it is difficult to use indicators to represent every factors. And it can have a negative impact on the thesis and need to be father studies.The research on the profit model of financing guarantee agencies has major significance for its sustainable development.The thesis analyze the factors of influencing profit of financing guarantee agencies and give some solutions.On one hand,the thesis hope to attract attention and discussion towards guarantee agencies,on the other hand,the thesis also provide some useful suggestions.更多还原