How to strengthen loan management, and effectively prevent and dissolve the credit risk of rural credit cooperatives, is now an urgent need to solve the problem. Since last year, Yima rural credit cooperatives to carry on some beneficial exploration and practice in the new risk loans, and actively promote the business cooperation with the local Guarantee Corporation, has achieved remarkable results. As of 2009 9 at the end of the month, in cooperation with the company accumulated for guaranteed loans 168 pen amount 26290000 yuan, due to recover the 68 $6455000, due to recover rate of 100%, the monthly interest rate of 100%.

   Cooperation intention

   Yima city is located in the west of Henan Province, is located in Xiao letter road, East 160 kilometers away from Zhengzhou, 260 kilometers west of Xi'an, convenient transportation, location advantages, is an important part of economic belt along the yellow and Henan Shanxi Shaanxi the Yellow River Golden Triangle economy cooperative region. 

   Yima is a new city of coal industry, a strong industrial base, individual and private economic development momentum is good, the city's total population of 165000, of which 85% for the urban population, 60% for the calendar year from around the world come to work in Yima Province, to do business, do business and live in Yima Hakka people. Over the years, to give full play to the role of rural credit cooperatives agriculture main force at the same time, the agency has been on loan by loan guarantees to troubled by this problem, on one hand, a large demand high-quality customer funds strong, because on the one hand can not provide credit guarantee conditions and requirements just miss the person or opportunity and credit cooperatives. Cause is a direct result of a lot of credit, credit cooperatives idle funds, folk "usury"Abnormal phenomena of active. According to statistics, as of the end of 2006, rural credit cooperatives in Yima City, loan to deposit ratio of only 64%, far lower than the proportion stipulated by the Department in 75%, at the same time free from financial institutions folk "usury" occur each year in the amount of 50000000 yuan. How to effectively solve the security demand of personal investment venture capital residents of small and medium-sized enterprises, difficult problem, become the most important problem facing the rural credit cooperatives of Yima city leadership.

   Yima Rongxin Investment Guarantee Co., Ltd. was established in 2007 January, the registered capital of 5000000 yuan, Yima city is the first for small and medium enterprises, individual industrial and commercial households, urban and rural residents to provide loan guarantees for the service of economic organization, but also completely by the private capital shares in a Guarantee corporation. Rongxin Investment Guarantee Co., after the company is established, the urgent need to find a suitable for their own business development financial institutions as partners, to reach three square win-win objective. At the same time, Yima rural credit cooperatives are small and medium enterprises, individual industrial and commercial households and residents in the process of financing difficult security problems, therefore, the first intimate contact will fit in easily with, have desire for cooperation.

   The mode of operation

   With the local Guarantee corporation especially business cooperation with private Guarantee Corporation is the rural credit cooperatives of Yima for the first time in history, the successful cooperation, not only can effectively solve the loan guarantee to the social problems, also has an important significance for reducing the risk of new loans, if careless operation, is likely to form a potential loan risks, will bring immeasurable loss in the business of credit cooperatives. Therefore, union leaders attach great importance to convene a special meeting, several times, and instruct the business, financial, auditing and other relevant departments formed the joint inspection group, in-depth business were investigated in detail for the registered capital, the rules and regulations, management level, the quality of the legal representative.

   According to the investigation result, AP timely assistance and guidance Rongxin Guarantee corporation established the "administrative system", "personnel management system", "financial management system", "accounting system", "loan guarantee system", "counter guarantee" and other 6 major categories of 32 regulations, suggested the company set up the Department of integrated services, risk control department, financial management department and other functional management departments at the same time, from the commercial bank retired workers in the recruitment of the general manager, director of the Department of integrated services, risk control department and other departments responsible person, established the Fu Heshi international operation demand regulations and management team, has laid the foundation for further cooperation between the two sides.

   In the intent to the cooperation agreement signed with the Guarantee Corporation, in order to effectively control the credit risk, according to a Yima union is in strict accordance with the "office Chinese Banking Regulatory Commission requirements on cooperation with the banking financial institutions to guarantee institutions risk prompt" provisions in a single enterprise, the Guarantee Corporation (personal) balance of guarantee liability provided shall not exceed guarantee agencies themselves 10% of the paid in capital, the guarantee liability balance shall not exceed 4 times its paid in capital. Two is the strict time limit management. Guarantee corporation loan guarantee is limited to short-term loans of less than one year, the longest period of not more than one year. Three is to strengthen the management of non-performing loans. Guarantee Corporation loans overdue amount exceeds the margin of 3% (including 3%), credit unions have the right to terminate the business relationship. Guarantee corporation loan due date, union without the Guarantee Corporation has the right to deduct the loan principal and interest in the Guarantee Corporation guarantee guarantee fund account.

   Yonhap also supporting the introduction of the "Yima rural credit cooperative Guarantee Corporation guarantee loan management approach", the special handling loan from Guarantee Corporation, the Guarantee Corporation secured loan application, review, approval, loan after the inspection, management responsibility, non-performing loans accountability and other aspects of the detailed provisions, protect the system from the two sides to achieve win win cooperation, reduce the risk of the loan target.

   In March 27, 2007, Yima Municipal Rural Credit Cooperative Association and Yima City Rongxin Investment Guarantee Co., Ltd. officially signed a cooperation agreement. In the actual loan operation process, strictly abide by the "principle of operation three, four strict control, no loans five adhere to the". "Three not to loan": one is not in conformity with national industrial policy projects determined not to loan; two is for borrowers with poor credit records are determined not to loan; three is not in line with the loan qualification determined not to loan. "Four strict control": one is the single loan balance of strict control in the Guarantee corporation paid in capital of 10%; two is secured loans strict control in the Guarantee corporation paid in capital within 4 times; three is the guarantee of non-performing loan rate strictly controlled within 3%; four is secured loan longest limit strictly controlled within a year. "Five adhere to the": one is to risk compensation, loan risk, the Guarantee Corporation shall bear all the economic compensation; two is to adhere to the "three check" is strictly prohibited loans, loan investigation as a mere formality, review the form of loans, loan after the inspection is not deep; three is to insist on special accounts through put and management Guarantee corporation loan guarantee, at the same time the establishment of a special loan accounts, strengthen supervision; four is to insist on according to operating procedures loans, prohibited the inverse procedure; five is to insist on time management, in line with the provisions of the loan within 3 working days after the firm for examination and approval.

   Early results

   A horse Rongxin Investment Guarantee Co., years of business cooperation, not only make the Guarantee Corporation the rapid development of business, but also for Yima's structural adjustment credit, credit assets, to seek new profit growth point has created favorable conditions, the overall performance of the following characteristics:

   One is to solve the difficult problem of loan customers. Yima strong industrial base, individual and private economic development momentum is good, money demand gap. However, some borrowers because can't find the right or the credit provisions of the guarantor, the expansion of the scale of the great constraints. Guarantee Corporation, the status of the borrower "no mortgage, loan difficult", credit cooperatives rich capital effectively, the funding gap timely supplement, Guarantee Corporation interests are fully guaranteed, "three win-win" situation has been achieved. Come one year, through the issuance of the Guarantee Corporation secured loans, individual and private enterprises provided jobs for 15000 people, new sales income 88000000 yuan, profit and tax 23000000 yuan, the profit 107300 yuan Guarantee Corporation, credit unions and realize the interest income 988000 yuan. Yima City East Chu Ma Zhuang residents Li Xiaomin after careful examination, in 2007 June investment in the construction of "jade culture breeding center", most of the funds that investors by other projects can not be pulled out, rent, build henhouse and construction site funds 50000 yuan, Li Xiaomin loans to credit cooperatives, credit cooperatives review that meet borrowing conditions but guarantee condition is not up to the requirement, Li Xiaomin promptly to Rongxin Guarantee Corporation proposed loan guarantees for the company, after careful investigation, think to have the borrower's investment conditions, technical advantages, to provide $50000 in loan guarantees for the borrower, solves the fund demand of breeding, the borrower loan support, the rapid development of business, more than three months in advance to pay off the principal and interest of the loan.

   Two is to improve the quality of credit assets. The Guarantee Corporation secured loans, and provides an effective approach for credit business risk, promote the quality of credit assets to further enhance and improve. The year 2007, Yima Rural Credit Cooperatives Loan expires recover rate over the previous year growth of 8 percentage points, of which the Guarantee corporation loan guarantee the timely liquidation of play a certain role.

   The three is to promote the rapid development of private economy. Over the years, the Yima union based on local conditions, continue to expand support for enterprises, individual industrial and commercial loans 2007 new year, individual industrial and commercial households, small and medium-sized enterprise loan 61 pen, amount of 16790000 yuan, expanding social employment, cultivating the new tax source, increase local financial resources, local economic development and social harmony to make positive contribution. The new office twenty Pu resident Duan Jianfa through various test demonstration, found that Yima industrial equipment cleaning industry is a blank, a huge potential for development, in 2007 10 at the end of the investment 1350000 yuan to buy Industrial cleaning equipment, the establishment of the Yima Ruijie Cleaning Equipment Co., Ltd., but suffer from liquidity shortage, the slow pace of enterprise development. In 2007 the company in early 11 to Guarantee Corporation to make request for the loan guarantee, the Guarantee corporation through detailed study of that project prospect, and provide the security procedures. Credit cooperatives to apply for loans, through the market survey of strict, the borrower and the security unit in full compliance with loan provisions, in a comprehensive understanding of the situation, provide liquidity loans 200000 yuan for the borrower. The borrower in the loan support, the rapid expansion of enterprise scale. As of 2008 March, enterprises realize output value of 3280000 yuan, profit and tax 830000 yuan, resettlement of laid-off workers more than 40 people, the rapid expansion of the scope of operations to Luoyang, Mianchi, Xin'an, Sanmenxia, Yuncheng and other surrounding areas

   The four is to restrain the spread of the phenomenon of folk "usury". Yima union with Rongxin Guarantee Corporation business cooperation, most private enterprises financing needs have been satisfied, for "usury" phenomenon has to a certain extent effective inhibition. According to statistics, the year 2007, Yima area "usury" amount decreased by about 40%, the resulting social cases reduced by 20%.

   Experience and Enlightenment

   The first is the foundation of system. Because has made a lot of preparatory work before the Yima Union signed an agreement on a horse Rongxin Guarantee Corporation, perfect and the rules promulgated, urge and assist Guarantee Corporation to establish a feasible operation rules, establish a highly efficient do management team, so as to ensure the healthy development of the business.

   Responsibility is the key. For this new thing and Guarantee Corporation, Yima association leadership abnormal cautious, issued a special management measures, formulate detailed accountability system, loans to Guarantee Corporation guarantee overdue phenomenon determines the harsh collection measures, ensure the effective control of credit risk. The borrower Zheng Qiao water operation of sugar alcohol for many years, with strong financial strength, because the proxy varieties increased, liquidity, in August 25, 2007 by the Guarantee Corporation guarantees to Yima rural credit cooperatives for the 3 month period of liquidity loans 100000 yuan. In October 18, 2007, the loan after the inspection, found that in October 7, 2007 the Yima union of 200000 yuan goods cheated, although already to the public security departments, but there has been no clues, if handled improperly, will cause the loan loss. Yima union timely inform the Guarantee Corporation, the company attaches great importance to, in the credit cooperatives under the assistance, through various efforts counter guarantor, to receive the borrower's business in the related with others, and to recover the loan principal and interest.

   Strengthen the service is the guarantee. Yima Rongxin Investment Guarantee Co., Ltd. was established after the Yima Union, not only assigned to help establish and improve various rules and regulations, suggested the company hired expert management, at the same time regularly into the enterprise carries on the investigation to guide, aiming at a series of problems appeared in the process of operation, study and formulate solutions, Surety Company and regulate the operation, promoting the improvement of credit cooperatives the quality of assets. Less than a year's time, Yima has more than 15 times successively organized relevant departments responsible person deeply to Guarantee Corporation, to be the form of training for each department of the company staff to control the credit risk measures, loans, loan investigation object to determine the range of examination essentials, loans and credit business knowledge state is strictly prohibited loans of key industries so, the company continuously improve business skills of employees, promote the healthy development of the company's business.