Inclusive Finance Development Of PSBC Jiuquan Branch

Traditional finance makes an impression to us that Despise the Poor and Curry Favor with the Rich, but in fact it is subjected to the limited technical approaches and its higher cost. A great number of low-income groups are excluded and cannot share the same finance service with the rich. Consequently it is expensive and difficult for farmers, rural areas, agriculture and small and micro businesses to finance and it is deficient for urban poverty group in finance service.All mentioned above causes further financing risks in folk. As a means of financial accommodation, the finance should have provided systematic services to all various classes in society. Following the concept, the inclusive finance (IF) attracts more and wider attention and recognition. Currently to develop IF has become a global financial strategy and all countries in the world take an active part in exploration of inclusive finance in theory and practice through various efforts. Along with the big trend, PSBC Jiuquan Branch rooted in the westernmost, Gansu works on providing services to urban poverty groups, Farmers, Rural Areas, Agriculture and small and micro businesses on the vast land, making contributions to establishment of Inclusive Finance System here.On the basis of above, first of all, the thesis gives an introduction on origin, concept and features of inclusive finance. In general organizing the relevant basic theories and practice at home and abroad on IF, it makes PSBC Jiuquan Branch as a study object to describe the growth of inclusive finance in the system of PSBC in different lines, regions and then the current status involved. Furthermore, the article has a deep analysis on the existing problems and their causes of IF. Combining the different demands of financial consumers in Jiuquan, it gives a full consideration of the conflicts between financial service supply and consumers and finds the root causes to the problems. Last but not least, learning from practical experience at home and abroad of IF, it offers some feasible proposals for Jiuquan Branch on IF to obtain the optimized inner management, promoted IF and lowered the marginal cost of financial service,financial risks prevention and some improvements in issues of Slow, Expensive and Difficult Financing, especially for those low-income groups, Farmers, Rural Areas, Agriculture and small and micro businesses.Taking some combined methods of theories with practices, through systematic organization and compared analysis on IF at domestic and overseas in the theory and practice, the paper has a certain theoretical and practical values in the theory improvement of IF, service supply exploration from single financial institution and its study achievement is helpful to local financial system.