The Study of Loan Portfolio Model for Start-up Enterprise in Different life Stages
基于Credit Risk+和0-1整数规划，为初创企业不同生命周期阶段建立贷款组合优化模型，帮助银行实现差异化贷款管理。
With the implementation of the New Basel Capital Accord, the establishment of effective portfolio management has become an urgent task for the Chinese banking industry. Based on the importance and necessi- ty of start-up enterprises credits, and combined with the features of start-ups and the national support policies, the paper establishes an optimized loan portfolio model for the start-ups based on the Credit Risk + and 0-1 in- tegral programming models. According to the different features of start-ups and the national support policies, the model gives the loan limit of start-ups in different life stages. The results of empirical studies show that the mod- el has strong adaptability, and achieves right loan management for the start-up enterprises.