Alternative Strategies of Credit Risk Management in the Guangdong Nanyue Bank in China

Bhabani Shankar Nayak () and Jia Xu
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Bhabani Shankar Nayak: University for the Creative Arts
Jia Xu: Anhui Rende Chuanghe Investment Management Co. Ltd

Chapter Chapter 3 in China: The Bankable State, 2021, pp 23-35 from Springer

Abstract: Abstract The Guangdong Nanyue Bank (GNB) shows the alternative strategies of credit risk management which led to its growth. It was formed out of local government finances and enterprise shares but spread its base to six cities and ranked as one of the top ten banks in the country. Since its establishment, the bank has been adhering to its market positioning: serving small and medium-sized enterprises, serving local citizens and serving trade financing. In order to better regulate the credit approval procedures and improve the credit level of decision-making, GNB has developed a set of applicable measures for the management of credit risk, set up corresponding departments and allocated professional staff for credit risk control before approval of loan, during the loan, and after the loan. The chapter looks at the alternative strategies followed by GNB to manage credit risk and grow successfully within the banking industries in China.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-5252-3_3

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DOI: 10.1007/978-981-16-5252-3_3

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