Research On The Performance Of The Micro Lending Factory Pattern Of Nanchang Rural Commercial Bank

Small and micro-sized enterprises now play an important role in economic and social development as the economy in China has come to the state of "new normal",promoting the economic and social development of our country and the transformation and upgrading of economic institutions,which has effectively relieved the pressure on employment in our country.However,the current phenomenon of strong position and weak power of the small and micro-sized enterprises causes such problems as information asymmetry and short rations in credit finance which result in difficulties in financing,becoming the major factor that impedes their sustaining,healthy and steady development.The thesis launches studies on the performance of the factory model for small and micro-sized enterprises started by Nanchang Rural Commercial Bank,hoping to promote the credit finance of small and micro-sized enterprises in Nanchang.First of all,the thesis exemplifies the theoretical basis and literatures both at home and abroad,laying foundation for later writing by introducing such concepts as small and micro-sized enterprises and credit finance as well as such theories as credit finance theory for small and micro-sized enterprises and related theories on performance.Then,the thesis elaborately analyzes the factory model for small and micro-sized enterprises started by Nanchang Rural Commercial Bank,mainly including its main contents and work flow.The main contents include service objects,loan conditions,business types and characteristics,loan value,time limit,interest rate as well as management model.The work flow includes investigation before the issuing,approval of the loan,issuing the loan and checking after the issuing,among which detailed descriptions of all processes of each step are offered.Thirdly,the performance of the model is analyzed through such three directions as financial performance,non-financial performance and overall performance assessment.Analysis on financial performance include the analysis of operation cost,credit risks and financing efficiency by collecting related credit and financial data of the last three years.The increment and amplification are compared and analyzed.Moreover,related credit and financial data of A branch of Nanchang Rural Commercial bank in the traditional credit model and longitudinal analysis is conducted on the variants of the three years;then lateral comparison is conducted between the data of the factory and that of the A branch in the traditional credit model,reaching the result that the factory model can promote the benign development of small and micro-sized enterprises.Non-financial performance is mainly analyzed through the staff satisfaction,supervision efficiency and team culture construction.The evaluation of overall performance summarizes the advantages of factory model.The thesis put forward suggestions for future improvement of the micro-credit factory,including optimizing micro-credit products,innovating micro-credit technology,improving credit risk mechanism and optimizing team structure.