RESEARCH ON THE CREDIT SUPPORT TO MACAU'S SMEs

Being a relatively independent micro- economic system, the Small & Medium sized Enterprises (herein after called the SMEs) occupy over 95% of all enterprises in Macau, and so they play an important role on Macau?s economy. In the past, the Macau Government did not interfere in their transactions . Moreover, the banks in Macau do not have medium or long- term plans to support them. These may interrupt their development in Macau. This dissertation is written according to relevant documents and my 18 years? working experience in the loan department, trying to suggest some ways to improve the credit support for the SMEs in Macau. Through my work and daily observation, I know that the finance of most the SMEs in Macau is very weak. The money people use to set up enterprises comes from their relatives or friends. If these people do not give them further support, these enterprises may have financial crises, some may even collapse. In order to improve the credit support for them in Macau, banks must change their traditional loaning concept, so- called ?Brick Culture ?. In addition, over sixty percent of the banks? profit in Macau comes from the SMEs. Therefore, there is potential to develop the loaning for the SMEs in Macau. In order to obtain profits for both sides (That is, the banks and the SMEs), setting up a selling center for the SMEs can not only assist the development of these enterprises but also enrich the growing of the new era entrepreneurs.