SME Credit Is Very Convenient.

After the Premier Wen's research speech and the CBRC's unified arrangement, ICBC took the lead in expressing its credit to small businesses. Other banks have also studied their own situation. Mr Wen Jiabao said in his research in Guangdong last Sunday that the banking system has begun to tilt from credit to SMEs and increase financial support.

In July 22nd, Jiang Jianqing, chairman of the ICBC, said that in the second half of the year, ICBC will tilt its credit to small businesses, and actively explore new ways to support small businesses' funds through small businesses, such as asset securitization and small business cluster bonds.

According to statistics, the contribution rate of about 6000 small and medium-sized enterprises to GDP has reached 60%, providing about 75% of employment opportunities and creating about 50% of export revenue and fiscal revenue.

Due to tighter monetary policy this year, a large number of small and medium-sized enterprises' capital chain is seriously tight, and many small and medium-sized enterprises have gone bankrupt.

People in the industry believe that ICBC's position in the business work conference can be seen as a positive response to the Central Committee's efforts to increase credit for SMEs.

In July 19th, Liu Mingkang, chairman of the China Banking Regulatory Commission, called on all financial institutions to "pay close attention to the credit of small businesses and to support qualified small businesses to tide over difficulties" at a meeting.

In order to implement the tight monetary policy, we need to actively ensure the capital needs of the key areas. Small businesses are the foundation for the stable development of the economy and the strategic area of ICBC's competitive development. We should keep healthy development of small business credit business in the continuous adjustment and optimization of the structure.

Jiang Jianqing explained the new focus adjustment at the July 22nd meeting.

Jiang Jianqing's position is very pertinent.

China is aware that the situation of the coastal areas such as the Yangtze River Delta and the Pearl River Delta has made the ICBC's initiatives particularly timely in the light of the deterioration of the export environment and other domestic and international factors.

According to the statistics released by Guangzhou Statistical Bureau in July 22nd, nearly 30% of the industrial enterprises in Guangzhou have suffered losses due to the increasing scissors gap in the production price index.

The deficit of deficit companies was 5 billion 156 million yuan, an increase of 1.4 times.

According to the understanding of entrepreneurial China, Jiang Jianqing asked all ICBC to treat small businesses in a dynamic way.

The small enterprises with strong innovation ability, competitive products and healthy management continue to give strong support. Small enterprises with good market prospects and present temporary financial difficulties are supported by various ways, such as loan restructuring and extension, and the small enterprises with low cost advantages and no environmental protection standards are resolutely quit.

In the meeting, he did not mention whether the increase in the deposit reserve ratio had eroded the profits of banks. The ICBC explained that to correctly understand the relationship between macroeconomic regulation and banking management, the two sides do not conflict and the interests are consistent. The implementation of macro-control policies is conducive to promoting the adjustment of Bank credit structure and industrial structure and enterprise structure, thereby enhancing the sustainable development of banks and enterprises.

Previously, Tian Junrong and Ouyang Jie, who started their business in the people's daily, found that the increase in the deposit reserve ratio has eroded bank profits.

In response, Wu Xiaoling, former vice president of the central bank, said that the interest rate paid to commercial banks by the central bank has already been able to make up for the bank's eroded profits.

At the same time, commercial banks should also have a sense of social responsibility.