Study on Risks and Benefits Caused by Commercial Bank Loan Pricing for Small and Medium-sized Enterprises
The expected payment of making loan to SMEs for commercial bank is jointly determined by interest rate and the probability of enterprises repayment.This paper firstly analyzes the effect of loan interest rate on enterprises risks on the basis of constructing game model of the loan relationship between the bank and enterprise.And then the expected revenue function of commercial bank for making loan to SMEs is built and analyzed.According to the research results,the default risk of SMEs will go up in pace with the improvement of loan interest rate on the premise of the lack of effective collaterals.In addition,the effects of change in loan interest rate on the expected payment of commecial bank can be divided into two parts: income effect and risk effect,and there exits an optimal loan interest rate for commercial bank to realize the revenue maximization under a certain condition.Finally,the paper puts forward some suggestions on effectively controlling credit risks of SMEs and maximizing returns,including innovating on mortgage system and improving the system of loan pricing.
Commercial bank SMEs defalut risk expected revenue loan interest rate collaterals
Lulu Hao Jing Gao
Wuhan Business University,Wuhan,P.R.China,430070
国际会议
2017教育文化与社会发展国际会议(International Conference on Education,Culture and Social Development)(ICECSD 2017)
武汉
英文
1-9
2017-05-20（万方平台首次上网日期，不代表论文的发表时间）