Smes Will Welcome The Most Difficult Period

At the end of the year, Judah, who is facing the pressure of paying wages and arrears, is the survival pressure of small and medium-sized enterprises. Yes Bank It is even more difficult.

On the one hand, since the four quarter, targeted loose credit for SMEs has been on the one hand. policy They are being implemented step by step. "Since October, we have added some quotas to branches that do better in small and micro loans." In November 21st, Pudong Development Bank stakeholders told reporters.

But on the other hand, due to the tight funding chain, Wenzhou's banking sector's bad rate rose for the first time in ten years in September. "Similar Wenzhou The problem of capital chain in small and medium sized enterprises in the region is still having a great impact on the quality of bank assets. We used to have almost zero loans in Wenzhou, but this year increased by several billion. A joint-stock bank revealed.

CICC's latest report also believes that the 1 quarter of 2012 may be the most difficult period for small and medium enterprises (especially foreign trade related SMEs). The first half of next year is a critical period for banks to expose bad loans.

　 Additional small and micro enterprises credit line

Banks have increased the amount of loans for SMEs, but credit is still very cautious.

Although the credit line of the four quarter is quite tight, after the State Council's support for the development of small enterprises and the relevant policies of the CBRC, the targeted loose monetary policy for small and medium enterprises has begun to implement.

"We have increased resources input to small and micro enterprises, and increased the assessment of small and micro loan businesses, such as capital support and credit lines." Pudong Development Bank said that this year, the bank has made clear the development strategy of SME credit in the next five years. The single small business credit scheme ensures that the amount of new loans for SMEs will account for more than 25% of the total loan amount. At the same time, it is necessary to ensure the completion of the small business loans in the year to achieve the "two no less than" quantitative objectives. The bank's tolerance for SMEs is 3%, while that of general banks is around 2%.

Another branch of the Yueqing branch of the stock exchange said, "since October, branches have added additional credit lines to SMEs in Yueqing sub branches, so this business is relatively loose."

This is not a case. CICC's recent research in Hangzhou and Shaoxing shows that as of the end of September, the balance of loans for small businesses in a city commercial bank totals 27 billion yuan, and has increased by 7 billion yuan since the beginning of this year, exceeding the annual growth rate of 6 billion 600 million yuan in 2010. In the fourth quarter of this year, the bank acquired an additional credit limit of 1 billion 400 million yuan. In 2012, the bank estimated that the annual credit limit would reach 20 billion yuan, of which half of the credit limit would be used for small business loans.

The proportion of small business loans to total loans has increased from 19.9% at the end of 2010 to 21% at present. The management expects that this proportion will continue to rise, which will rise to 25% next year and rise to 30% in 2-3 years.

Meanwhile, another local commercial bank, Hangzhou branch, set an annual credit limit of 3-4 yuan in the beginning of this year. In the fourth quarter, it received 50 million -6000 yuan additional credit lines from its headquarters.

The head of a Yiwu branch of a joint-stock bank said that the 7-9 month was the most tense time for the credit line. By October, the credit limit had been relaxed, although the amount was not large, but it had released confidence to the market, and other ways of letter of credit and bill business also provided financing channels for enterprises.

"At the very beginning, banks have unilaterally collected loans, but basically they have reached a consensus under the coordination of the government. The government and banks have joined forces, which is also in common interest." A small shareholder credit center in Nantong believes that, on the other hand, the amount of bank increase is limited, and credit is still cautious. "Recently, in addition to the general manufacturing enterprises, there are still many real estate and related industries, and even local government platform companies. These are regulated industries. Therefore, banks are still very careful. {page_break}

　　 Hidden exposure

In September, the non-performing loan ratio of financial institutions in Wenzhou increased by 0.11 percentage points over the beginning of the year, the first increase in the past 10 years.

Behind the prudent lending of banks is the uncertainty of the business conditions at the end of the year.

"The end of the year is the node that the enterprise pays wages and arrears, and the survival of small and medium-sized enterprises is particularly difficult. If the macro environment is still tight, they will face a severe test. The bankers in Nantong said.

A Alibaba survey of export orders in early November showed that only 24% of the surveyed companies indicated that their export orders increased year on year, while 38% of the surveyed companies indicated that their export orders declined year on year. The European Union is the fastest deteriorating market, with 46% of the surveyed companies reflecting a decline in export orders from the EU, followed by export orders from the US (45%) and export orders from Japan (43%). 29% of the surveyed enterprises increased their average sales price, while 37% of the surveyed enterprises declined.

Affected by this, some of Zhejiang's banks' non-performing assets have risen. The above shares said that the bank's bad credit in Wenzhou was rising since the four quarter, but "Wenzhou's bad rate was almost zero."

According to media reports, in September, the non-performing loan ratio of Wenzhou financial institutions was 0.55%, an increase of 0.18 percentage points, an increase of 0.11 percentage points over the beginning of the year. This is the first time that the non-performing loan rate of Wenzhou's foreign currency has risen for the first time in 10 years.

CICC report pointed out that the company's research found that a Zhejiang City Commercial Bank in 2009 and 2010 small business loan non-performing rate remained at around 0.4%, and increased to 0.57% at the end of the three quarter of 2011. The bank's management expects this proportion to continue to rise to 0.7%-0.8% at the end of this year. Management has set a 1% tolerance rate for small business loans next year. The bad rate of Hangzhou branch of another bank increased for two consecutive quarters.

However, there are differences in different regions. The head of the Yiwu branch of the listed company said that Yiwu had been hit hard by the financial crisis in 2008. Local businesses and bank governments learned lessons this year. Although the order has declined, the capital chain situation is not as dangerous as 2008, and the overall asset quality remains stable.