Research On The Efficiency Of Commercial Banks To Support Small And Micro Bueinesses Financing

When China’s economy into the new normal, the economic situation continued downward trend, small and micro businesses serve as a crucial part to boost the economic development. About 94% of our countries’ enterprises are micro and small businesses; their development is good for optimizing the distribution of resources, alleviating the employment problem, stimulating the spirit of innovation, activing the marketing economy. However their development lacks of enough funds to prop. Because they unable achieve funds by the means of going public or issuing bonds, so commercial bank’s loan is essential for them. Government has implemented a lot policy to assist micro and small businesses; commercial bank also has afforded more money for them. But they still don’t possess enough money to progress. So promote the financing’s efficiency is very meaningful. One side, it can lift the capacity of commercial bank to distribute resources; while the other, it has a vital meaning for the sustained development of micro and small businesses.On retrospect of the related documents, this paper discusses and analyzes the financing status and characteristics of small and micro enterprises’financing based on graphics and charts. Then, measure the efficiency of 17 sample banks to support small and micro businesses financing from 2012 to 2014 by DEA model. And use Tobit regression model to research influencing factors. Consequences are as follows:Firstly, we find commercial banks’efficiency of small and micro credit businesses overall showing a rising trend, which may be contributed by supportive measures. But through a concrete analysis, this paper finds the efficiency of commercial banks has many differences, the small commercial banks have a higher efficiency then others.Secondly, this paper using Malmquist index method to measure the efficiency overall changes in total factor productivity index. Commercial banks’production efficiency of credit has increased, mainly due to the rise of technical efficiency, about 2.2%.Thirdly, Tobit regression model showed that the profitability, asset allocation capacity and innovation capacity are conducive to raise the efficiency. However, the size of bank and asset cost rate has a negative effect on efficiency.Based on the above conclusions, we proposed should vigorously develop small and medium-size banks to improve the internal structure of the main bank system; further the reform of state-owned commercial banks to raise the capacity of resource allocation; attach the importance of introducing talent to promote the innovation of commercial bank.