I 摘要 随着我国“走出去”战略和“一带一路”倡议的推进与实施，中国企业的 海外投资热情高涨，越来越多的中国企业迈出国门走向世界开展境外业务，促 进了我国涉外经济的发展。近年来，中资商业银行为加快打造“一带一路”金 融服务网络，为我国企业“走出去”提供更为优质的金融服务，中国的商业银 行在海外如火如荼地设立分支机构开展境外业务，不断地加强金融创新能力， 除提供传统的商业银行信贷支持服务之外，通过跨境人民币融资、投贷联动等 服务方式，积极的提供金融支持，跨境综合金融服务能力得到显著提升。 中国企业在境外业务的开展中，资金需求旺盛但又面临融资困窘，企业发 展受限。商业银行为了给“走出去”的企业提供更好的金融服务，不断地推出 新的金融产品来支持企业的境内外发展，内保外贷业务便借着外管局鼓励政策 放宽的东风，开始崭露头角并蓬勃发展。内保外贷是中资银行跨境融资服务的 一项业务，是跨境担保的一种，近年来，该业务成为企业境外融资常用的方式 之一，随着外管政策的相对放宽，内保外贷业务的风险逐渐显露，最近几年外 汇局通报的违法违规典型案例中，商业银行内保外贷榜上有名。因此，商业银 行在操作内保外贷业务中的风险防范非常重要。 本文将以内保外贷业务的风险及其防范为切入点，通过真实案例招商银行 与乐视集团内保外贷业务作为研究目标，系统分析商业银行开展此业务面临的 风险点、风险成因及其防范措施，建议商业银行开展内保外贷业务一定要做好 贷前审查贷后监督工作，做好风险研究和防范措施，这样才能使银行内保外贷 业务健康稳定发展。本文主要分为五个部分进行阐述与分析： 第一部分为绪论，主要包括研究背景、研究意义，国内外研究动态及文献 综述，研究内容与技术路线以及创新点； 第二部分为内保外贷业务的概述、风险研究及理论分析，主要包括内保外 贷的定义、操作流程、发展现状及趋势、发展的原因以及存在的问题；内保外 贷业务的风险点、风险特征、以及风险成因分析；委托代理理论和全面风险管 理理论理论； 第三部分为招商银行与乐视集团内保外贷业务案例分析，主要包括案例背摘要 II 景描述，案例操作过程、防范措施与启示以及案例总结； 第四部分为商业银行内保外贷业务风险防范，主要包括商业银行加强机制 建设、规范内部操作和加强风险管理； 第五部分为结论，对全文进行归纳总结，并得出结论；总结本研究不足与 局限性并且展望未来研究。 关键词：内保外贷；商业银行；风险；防范措施Abstract III Abstract With the promotion and implementation of the "go global" strategy and "One Belt And One Road" initiative, a growing number of Chinese enterprises go abroad to carry out overseas business and promote the development of foreign economy. In recent years, Chinese commercial Banks into active service for Chinese enterprises "going out", to speed up the building along the area financial services network. Chinese Banks have set up branches abroad, strengthen financial innovation, in addition to the traditional credit support.Through active financial support such as cross-border RMB financing and joint investment and loan,the capability of cross-border comprehensive financial services has been constantly improved. However, in the development of overseas business, enterprises have strong capital demand but are faced with financing difficulties, and their development is restricted. In order to better serve enterprises that "go global", commercial Banks continuously launch new financial products to support their domestic and foreign development. With the encouragement and relaxation of policies of Administration of Foreign Exchange, the Onshore Security for Offshore Credit business starts to emerge and flourish, and plays an active role in promoting the development of cross-border financing business. The Onshore Security for Offshore Credit business is one of the types of cross-border guarantee, in recent years, the business become the most commonly used way of the enterprise outside financing.With the loosening of the foreign administration policy to a certain extent, the risks of this business have gradually emerged. Among the typical cases of violation and violation reported by the SAFE in 2018, commercial Banks' Onshore Security for Offshore Credit business has become the worst-hit area. Therefore, it is very important for commercial Banks to guard against the risks in the operation of Onshore Security for Offshore Credit business. Within this article will qualify for the risk of Onshore Security for Offshore Credit business and its prevention as the breakthrough point, through the real cases of the business between LeTv Group and China Merchants Bank as the research target.Abstract IV This paper systematically analyzes the risk points, risk causes and preventive measures faced by commercial Banks in carrying out this business, and suggests that commercial Banks must do a good job in the pre-loan examination and post-loan supervision, risk research and preventive measures in order to make the healthy and stable development of the Onshore Security for Offshore Credit business. This paper is mainly divided into five parts for elaboration and analysis: The first part is the introduction, mainly including the research background, research significance, domestic and foreign research trends, literature review, research content, technical route and innovation point; The second part is the overview,risk investigation and theoretical analysis of the Onshore Security for Offshore Credit business, mainly including the definition, operation process, development status and trend, development reasons and existing problems; the risk points, risk characteristics, and risk cause analysis of the business;Principal-agent theory and total risk management theory. The third part is the risk research of the Onshore Security for Offshore Credit business, mainly including The fourth part is the case analysis of China merchants bank and Letv group's Onshore Security for Offshore Credit business, mainly including case background description, case operation process, prevention measure and case summary. The forth part is the risk prevention of Onshore Security for Offshore Credit business,which mainly includes strengthening mechanism construction, standardizing internal operation of commercial Banks and strengthening risk management. The fifth part is the conclusion, which summarizes the whole paper and draws a conclusion. The deficiencies and limitations of this study are summarized and the future research is prospected. KEY WORDS：Onshore Security for Offshore Credit ; commercial Bank ; risk; Preventive measures.目录 V 目 录 摘要.............I Abstract.........III 第一章 绪论..1 第一节 研究背景及意义.........1 一、研究背景 1 二、理论意义与实践意义...........3 第二节 国内外相关研究动态及文献综述........3 一、内保外贷的概述...................3 二、内保外贷的运作模式...........4 三、内保外贷的风险及其防范...6 四、文献评述 7 第三节 研究方法和技术路线..8 一、研究方法 8 二、技术路线 8 第四节 创新点............................10 第二章 内保外贷业务概述及相关理论分析........................11 第一节 内保外贷业务概述..11 一、内保外贷业务定义及操作流程........................11 二、内保外贷业务监管政策梳理............................12 三、内保外贷业务快速发展的原因........................13 四、商业银行内保外贷业务的动机........................14 五、内保外贷业务发展现状及趋势........................15 六、内保外贷业务存在的问题.16 第二节 内保外贷业务的风险研究...................17 一、内保外贷业务风险点.........17目录 VI 二、内保外贷业务的风险特征.19 三、内保外贷业务风险成因研究............................21 第三节 内保外贷业务相关理论分析.................23 一、委托代理理论.....................23 二、全面风险管理理论.............24 第三章 招商银行与乐视集团内保外贷业务案例研究..26 第一节 案例背景描述..............26 一、招商银行简介.....................26 二、乐视集团业务当事人简介.26 三、乐视集团办理内保外贷业务动机....................29 第二节 招商银行与乐视集团内保外贷案例分析.......................30 一、招商银行与乐风移动内保外贷案例过程........30 二、招商银行与乐视致新内保外贷案例过程........32 第三节 招商银行与乐视集团内保外贷业务风险.........................33 一、招商银行的信用风险.........33 二、招商银行的操作风险.........33 第四节 招商银行风险防范和启示......................34 一、招商银行风险防范措施.....34 二、招商银行开展内保外贷业务的启示.