Study On The Credit Business Development Of Small And Micro Enterprises

As a part of the small and medium sized enterprises, small micro enterprises account for above 98% of national enterprise number, which contribute powerful momentum for the domestic employment and social development. It has become an important part of economic growth and economic development, social stability and stabilizer. But its financing difficult problem is very outstanding, giving the current situation in China. The government has made great support to small and micro enterprises.And domestic commercial banks also timely launch micro credit products to expand the horizons of small micro enterprise financial services.Agricultural Bank of China Wuxi branch also be imperative in promoting micro credit business. On the one hand, it is an important strategic measure of the national government. And the Agricultural Bank of China as an important state owned commercial bank. As a result it needs to support government policies. On the other hand, it is a potential opportunity for Agricultural Bank of China to pursuit more profit, develop differentiation strategy and formation its brand.Through the analysis of current situation on micro credit business of Agricultural Bank of China Wuxi branch, we found that micro credit businesses sustained. The healthy development of the credit business mainly distracted with the following problems.The first one is the shortage of micro credit products. The second one is mismatching between bank credit mechanism and micro credit businesses demand. The final one is difficulty of management for micro credit businesses. The main reasons for these problems are various, including the lack of national support of policy and law, the limited characteristics of commercial bank credit system and basic characteristics of small and micro businesses.To solve these problems and causes, this thesis proposes a series of measures.These measures include: adjust the overall credit policy, reduce Small and micro businesses loans threshold; expand small and micro businesses loan products; improve the level of financial services for small and micro businesses;improve the ability of team; carry out financial innovation; enhance risk control ability. In the process of practice Agricultural Bank of China Wuxi branch will increase inspection efforts, fix in advance the credit work of Small and micro businesses, effectively promotes the credit operations of Small and micro businesses.