Study On Legal Issues Of The Group Lending Of Small And Medium-Sized Enterprises

Small and Medium Enterprises have an important position in the national economic andsocial life, they have played an irreplaceable role in promoting national economic growth,reducing the pressure of employment and promoting the technological innovation. Due to lackof support from the traditional mode of financing for Small and Medium Enterprises,widespread financing difficulties have become the bottleneck of the national development andgrowth of small and medium enterprises.Under this condition, Group Lending of Small andMedium Enterprises have come into being and developed rapidly.However, with the rapiddevelopment, Group Lending of Small and Medium Enterprises has increased a great amountof problems.Therefore, this thesis chooses the cases of the Minsheng Bank Chongqing BranchChaotianmen merchant guaranteed loans the continuous crisis happened in600enterprises ofZhejiang Province as entry point to systematically analyze the operation mechanism andproblems of Group Lending of Small and Medium Enterprises. Moreover, compared theexperience and inspirations abroad, this thesis provides the suggestions to improve the systemof Group Lending of Small and Medium Enterprises in China.Part one is the introduction of the basic theory on Group Lending of Small and MediumEnterprises. This part mainly demonstrates the characteristics of its laws, the legalrelationship, the main mode and the implementation steps based on the introduction of thehistory and development process of Group Lending of Small and Medium Enterprises.The second part explores the problems existed in the system of Group Lending of Smalland Medium Enterprises using two cases as examples. These problems conclude no unifiedlegislative norms, no systematical monitoring mechanism, imperfect risk preventingmechanism and unreasonable taking of responsibilities.The third part mainly discusses the experience and inspirations in system of GroupLending of small and medium enterprises abroad. Through the demonstration of the measuresthat taken in Bangladesh and Italy to improve this system, this thesis achieved someinspirations such as changing the old ideas, getting the financial support from the localgovernment, improving risk guarantying system and so on.The forth part puts forward the blueprint for improving the system of Group Lending ofsmall and medium enterprises in China. According to other countries experience, this thesis provides suggestions such as enhancing the legislative norms, strengthen government support,the establishment of a comprehensive monitoring system, risk control system and the systemof responsibility and so on.