Research On The Efficiency Of The Listed Banks Support For Small And Medium-sized Enterprises

Medium and small scale enterprises have the function which can not be replace able toimpel economy development in the world scope; their importance has become the fact whichcan not be controversy. However, financing-trouble has become the development bottleneckof medium and small scale enterprises. Because of the rapid progress of science andtechnology and the gradually expand of the scale of production, the internal source capital hasbeen unable to meet the development needs of small and medium sized enterprises. Therefore,exogenous financing has become a way of raising funds for small and medium enterprises.In the external financing, according to the "pecking order theory" enterprises will choose debtfinancing, mainly from bank loans to meet the financing demand. Domestic scholars areinclined to set up some small and medium-sized financial institutions to solve thefinancing-trouble. However, according to 《People’s Daily online finance》report released inNovember2013: small and medium-sized banks are faced with liquidity risk, interest rate risk,asset quality risk and some or risk. In this case, these banks may have a collective collapse.Under this background, this paper will view back to the analysis of the large banks. In the newenvironment conditions, the efficiency of large commercial banks to SMES’ financing supportis higher than the small financial institutions. Based on the situation of reasonable financialstructure and perfect lending infrastructure, the large banks can improve the financialproblems of SMES through innovative technologies and other ways.The study adapts theoretical method as well as positive research approach to solve thefinancing-trouble. On the theoretical analysis, the paper summarizes the different financingtheory, systems and combes the domestic and foreign literature. In the empirical analysis, acomparative study of the different banks to SMES’ financing efficiency is carried out, so as toprovide some suggestions on the empirical basis. This paper is permeated with the financingproblem of small and medium-sized enterprises based on the perspective of the bank. Firstly,the paper introduces the background and meaning of this discourse and defines the relatedconcepts. Then analyzes the financing structure of small and medium sized enterprises, finding out that the SMES’ financing is focused on bank credit, but the bank credit supply toSMES can not meet the needs of SMES. Afterwards, the paper seeks the breakthrough fromthe credit financing of SMES based on the credit financing related theory and the presentsituation of financing and difficulties. On this basis, through DEA method, empirical analysisof large banks and small banks to compare their efficiency, the results show that under thenew circumstances big banks have more advantages. Finally, the paper puts forward ideas andmeasures to solve the problem from the SMES-self and big banks.