Study Of The Development Of Microcreditbusiness In Postal Savings Bank Of China In Zhengzhou Branch

March2007, mainly for the provision of financial services in the rural areas of Postal Savings Bank of China was established. Its establishment and development back into the countryside offers a long-term mechanism to alleviate the imbalance of urban and rural economic development in China and it has an important significance. June2007Postal Savings Bank of China opened a microcredit business. It marked the postal savings bank of China servicing for rural financial markets entering a new stage, which not only can effectively alleviate the excess liquidity of commercial banks, but also can solve the urban and rural employment getting loans. December2007, China Postal Savings Bank branch was established in Zhengzhou. During six years, Zhengzhou Branch accumulated microcredit about3.6billion Yuan and more than80%of the loan to the rural areas, the business volume ranking first in six central provincial capital.This article is based on Zhengzhou area, the status of China Postal Savings Bank microcredit business development, efficiency and explores the problems and makes appropriate recommendations for improvement. Firstly, it defines the concept of microcredit and effectiveness evaluation. Secondly, it analyzes the development of postal savings Zhengzhou Branch microcredit business focuses on the development from the target groups, the loan amount, loan term, repayment, operational processes, etc. Analyzing the postal savings business, Zhengzhou Branch is with small loans product standards, guaranteed loans, installments, dynamic incentives, cross-examination and other features. Again, both from the economic and social benefits for postal savings business of Zhengzhou Branch microcredit benefit assessment, the conclusion is to carry out microcredit operations not only meet the requirements of poverty, but also to achieve its own profit, with sustainable commercial development characteristics. However, the development of postal savings business, Zhengzhou Branch of microcredit is also facing the problems of inflexible microcredit product, insufficient credit information, single lending channel, agents affecting efficiency and low level about risk management. Finally, analyzing the problem, it is recommended under the principle of inclusive finance and facing with professional and sophisticated development. It will concentrate on playing a postal savings bank microcredit business advantage.