Research On Credit Product Innovation Of Commercial Banks For Sci-tech SMEs

Sci-tech SMEs (Small and medium-sized enterprises) in various fields of national economy, are our country national economy important component, and they are increasingly becoming the main driver of economic growth. Countries in policies encourage financial institutions to give Sci-tech SMEs credit financing support. Sci-tech SMEs are becoming an important source of their profits. The contradiction between the important role that Sci-tech SMEs plays in the economic and social development and its problem of insufficient financing for a long time has already aroused the whole society’s attention on financial services for Sci-tech SMEs. For the sake of commercial banks, and how innovative financing for Sci-tech SMEs, broadening financing channels, not only commercial banks how to fulfill their social responsibilities, reasonable and effective allocation of monetary resources, but also in the increasingly fierce market competition, the commercial banks how to deal with credit changes in market conditions, digging this has not been fully valued corporate customers should move the market.The article describes credit product innovation of Sci-tech SMEs in China and the domestic background of the beginning, the concept of defining Sci-tech SMEs. Bank of Communications, I chose as a case bank. As one of China’s large-scale commercial banks, either in asset size, profitability or credit to Sci-tech SMEs in the degree of attention, Bank of Communications has a strong representation in the banking industry.This case bank is selected as an entry point for Sci-tech SMEs in credit product innovation. The subject from the perspective of commercial banks is to suggest measures and countermeasures to solve the academic discussion on Sci-tech SMEs financing problems.