Abstract: Credit risk is the main reason for the quality decreasing of the bank assets,and one of the serious challenges for the commercial banks in our country.Based on the study and reference of the advanced creditrisk management experience in foreign countries,and combining with the practical situation of the commercial banks in China,this article gives a comprehensive review about the CreditRisk+ Model,and compares it with the present risk management model in the commercial banks in China.On the basis of the study,the author advances that the commercial banks in China can also apply CreditRisk+ Model into the credit analysis about loans,which gives a new way to research the risk management in commercial banks.

Key words: CreditRisk+ Model, creditrisk management, loan from commercial banks