Small Amount Of Credit Increases, Decision-Making Level Focuses On Small And Medium Enterprises

Under the tight monetary policy, the financing of SMEs has become increasingly demanding, and has attracted the attention of the central government and financial regulation departments.

On 7 25, a provincial governor of a central province said at an internal meeting that the loan increment planning of local legal person financial institutions has been reported to be approved by the head office.

A few days later, in July 29th, an official of a Banking Supervision Bureau in a eastern province revealed to reporters that the provincial local corporate financial institutions reflected a message to them - the incremental loan plan approved by them earlier this year has been slightly increased.

The same information of the company has also been answered by commercial banks.

In July 31st, a senior commercial bank disclosed that the relevant departments had submitted the data on the basis of the incremental credit plan approved at the beginning of the year several days ago for the purpose of research and discussion.

On the same morning, on the morning of the same morning, on the same day, the Shanghai banking regulatory bureau held a meeting of the heads of the Chinese banking financial institutions in Shanghai. The Bank urged banks to strengthen industry research under the tight monetary policy, analyze and treat them differently, appropriately increase the loan scale of eligible small businesses, implement special management of the quota, and focus on the development of technology, service and labor-intensive small businesses.

"The above information has been quite clear, and the financing difficulties of small enterprises have been highly concerned. The next step is to give a certain relaxation from the incremental credit."

In July 31st, a listed bank researcher firmly told the reporter.

Now, as the largest commercial bank in China, ICBC has publicly disclosed the financial support for small businesses.

At the recently held ICBC branch president working conference, Jiang Jianqing, chairman of the board, said: "small businesses are the foundation for the stable development of the economy and society, and the strategic area of our competition and development. We should keep healthy business development of small businesses in the continuous adjustment and optimization of the structure."

Relevant information shows that in the first half of this year, ICBC accumulated loans of 164 billion 900 million yuan to small businesses, and helped a large number of small businesses solve the urgent need of capital shortage.

In the second half of this year, ICBC will tilt its credit scale to small businesses, appropriately increase the scale of small businesses' rapid development, and standardize the special credit scale of regional branches, and carry out separate management and assessment.

With the approval of the relevant departments, "our bank's credit increment has increased a little, and is specifically used to support small businesses".

In July 31st, a commercial bank source revealed.

Some small banks in the eastern provinces also told our reporters that they are striving to increase credit increments, but the results have not yet come out.

Of course, there are also commercial banks that have not yet proposed an application for increasing credit lines.

"The credit limit of our bank should be enough. At the present time, it does not affect the small business loans and agriculture related loans because of the credit scale control."

In July 31st, a farmer businessman said.

Another small joint-stock bank official said that since the initial approval of the credit increment plan of the people's Bank of China has increased slightly, the bank has not applied for an increase.

The main market position of the local legal person financial institutions represented by city commercial banks and rural credit cooperatives is to serve SMEs and agriculture, rural areas and farmers.

In the second half of last year, the discount business of Shandong's inner city businesses increased considerably. This year, the discount will enter the "cage" of the credit scale, and the loan to deposit ratio should not exceed 75% of the regulatory warning line, which results in the limited growth of the SME loans in the first half of the year.

In July 31st, an official of the Shandong Banking Regulatory Bureau told the newspaper reporter that with the gradual discounting of discount factors, the small business loans of city commercial banks are expected to return to normal growth in the second half of the year.

After the approval of the head office, some branches of the people's Bank of China have used various effective ways to enhance the credit delivery ability of local legal person financial institutions.

In the middle of a province, the government officials said that under the approval of the head office of the people's Bank of China, the 59 legal person financial institutions in the province have adopted the differential deposit reserve ratio, which has raised the credit delivery capacity by less than 2 billion 800 million yuan of deposit reserve funds, and has sought an increase of 2 billion 750 million yuan in the province's support for agriculture and rediscount.

At the same time, the loan increment planning of local legal person financial institutions has also been reported to the head office for approval.

Recently, the central bank's annual working conference pointed out that we should continue to thoroughly implement the Scientific Outlook on Development according to the decision and deployment of the Party Central Committee and the State Council, and maintain the steady and rapid economic development and control the excessive price rise as the primary task of macroeconomic regulation and control.

While studying and deploying the focus of the second half of 2008, "supporting and promoting the steady development of SMEs and foreign economy" has become an important part.

In this regard, a city business executive said, "now the policy signal of" one insurance (steady and rapid economic development) "(the price is rising too fast) has come out, and" a large number of small and medium-sized enterprises have closed down, and the voice is strong. In this context, it is possible to get a little bit of support for small and medium-sized enterprises. "

In the context of tight monetary policy, small businesses were once the main targets of bank credit compression.

In March this year, a survey conducted by the Jiangsu Banking Regulatory Commission showed that although the tight control policy was aimed at "two high and one remaining" industries and reduced the fast growth of fixed assets investment in the whole society, some banks did not distinguish the scale of enterprises from adopting the differentiated credit standard, but regarded the large and medium sized enterprises equally.

These characteristics of small enterprises include: first, the loan period of small businesses is short, and the medium and long term loans of large enterprises are relatively high. Two, small businesses have poor conversational ability with banking institutions, and large enterprises have strong bargaining power to the banks. Three, compared with large enterprises, some small businesses do exist in the problem of weak ability to resist risks and repayment ability.

From a subjective point of view, "the comprehensive yield of small business loans to commercial banks is far lower than that of large enterprises. The problem of big bank pressure is small when the total amount of credit is limited and the resources are limited."

Prior to that, Hu Hong, deputy director of the Nantong Banking Supervision Bureau of Jiangsu Province, bluntly said.

The investigation of Jiangsu banking regulatory bureau also shows that tight monetary policy has a lot of impact on SMEs. First of all, there is a tense trend in the capital chain of enterprises. The funds of small and medium-sized private enterprises have been affected since September 2007, showing that the time of repayment is prolonged, the speed of capital revolving around enterprises is reduced, the two funds (accounts receivable and stock commodities) are increased, etc. Secondly, the cost of borrowing rises; third, the loan satisfaction rate decreases.

According to the investigation, the Jiangsu banking regulatory bureau and the Shandong banking regulatory bureau have made suggestions that financing channels for small businesses are still relatively narrow. In order to prevent the tightening policy from aggravating the financing difficulties of small enterprises, it is suggested that the central bank should implement differential reserve ratio for city commercial banks and rural cooperative financial institutions with small business loans as the main objects of service, and propose to abolish the quota management of bank small business loans.

Zhu Baoliang, deputy director of the Economic Forecasting Department of the state information center, also wrote that before the credit scale was strictly controlled according to quarterly and regional control, most of the credit was invested in large enterprises and big cities. However, small and medium enterprises with good returns and high employment were hard to obtain loans, which inhibited the development of small and medium-sized enterprises, and some enterprises' capital chains were tight. In order to prevent the ups and downs of investment, we should adjust the credit policy timely and moderately and flexibly on the basis of strict control of currency supply.

To support small and medium enterprises (SMEs) at present, solving the financing difficulties of SMEs has become one of the key tasks of financial regulation departments.

In the middle and late 7, at an internal meeting, a senior finance regulator asked banks to attach great importance to the financing difficulties of small businesses.

"In depth analysis and differentiation, we should try our best to protect the small businesses that meet the loan requirements and report the credit gap to reflect them."

The top executives of financial supervision departments said that they should strive to plan separate management and strive to achieve the growth rate of loans for small businesses no less than the average growth rate of loans this year, so as to stimulate employment and social stability.

During the second half of the year, the people's Bank officials in a central province said that we should further strengthen and improve the credit services of small and medium-sized enterprises and increase effective credit input as the most important part of the credit work.

In the past few years, the relevant departments are planning to increase the credit increments slightly, and are mainly used to support small and medium enterprises, which will alleviate the difficulties of SMEs' loans and capital chain tension due to tight monetary policy to a certain extent.

The former joint-stock bankers expressed this view to reporters: "the small business loans that can be put out now are surely the safest, because the tighter the time, the business can reach the conditions of bank lending, indicating that it can withstand the test"; "at this time, the intensity of the loan will be increased, so long as the choice is good, there will be no problem; of course, otherwise people will be led away, and people will withdraw from you and become a risk relay."

Chen Chunxiang, vice president of Zhejiang Commercial Bank, told reporters that this year the bank has given priority to the financing needs of small businesses. The size of the 5 billion yuan credit scale is specially designed for small business loans. This scale accounts for 1/3 of the new loan size of the whole bank.