Research On Small And Micro-enterprise Credit Of Urumqi City Commercial Bank

At present, the scale of Chinese small and micro enterprises is nearly50million，theyprovide most of jobs for the country and contribute nearly two-thirds of the income tax. Inrecent years, because of the rising resource prices and labor costs, coupled with the outbreakof the financial crisis, the development of small and micro enterprises is becoming moredifficult, they are thirst for capital. For domestic commercial banks, the interest rate marketreform, financial disintermediation acceleration and other factors make competition moreintense among banks, commercial banks are eager to explore small micro-enterprise loanswhich now is blue ocean. Support the development of small and micro enterprises, for asmooth transition of the national economy has important strategic significance, for thesustainable development banks also have significant.This article is a research on small and micro enterprise credit of Urumqi CityCommercial Bank. First, study the theory of small micro-enterprise financing and Localcommercial banks, and define the range of small and micro enterprises, then analyze thecurrent situation and existing problems in small and micro enterprise credit of Urumqi CityCommercial Bank. The existing problems are mainly the high cost of getting information,Small and micro enterprises need to simplify the credit process, lack of small micro-loans andother financial products and so on. Finally, propose suggestions to promote the developmentof small micro-loan business of Urumqi City Commercial Bank. The suggestions arestrengthening the construction of small and micro enterprise credit database, innovating andimproving Credit business process, Innovating small and micro business credit services andproducts,Strengthening small and micro business credit risk control, intensifying efforts todevelop comprehensive customer.