| SMEs are the main contributors to economic growth.They are mainly manifested in: relieving employment pressure,promoting GDP growth and independent technological innovation.And under the new situation,SMEs are more likely to achieve transformation due to their smaller size.Henan's GDP ranks fifth in the country,and it can be said that local SMEs have contributed.Although SMEs have made more and more contributions to the development of our province,they still face more serious problems of financing constraints in their development.According to the results of a survey conducted by the National Bureau of Statistics of China,more than half of the small and medium-sized enterprises in Henan province are under tight funding.Nearly 40% of the enterprises' financing problems have not been resolved.Although these corporate financing constraints have their own reasons,such as small scale,opaque information,lack of collateral,etc.,but the reasons for financial service providers also impose constraints on corporate finance.On the one hand,large banks deal with the disadvantages of “soft information” and are more willing to choose to give credit support to big companies because of risks and benefits.On the other hand,“banks and rural businesses” are more suitable for SMEs.Saying that growth is slow,it is difficult to provide more credit support.It is worth noting that while studying how "small banks" influence financing constraints,they should also consider the external environment.The Henan region is located in the Central Plains.Known as a big agricultural province,the commercial startup is relatively late to the coast and the credit environment is slightly lacking.While vigorously developing small banks,we must also pay attention to the construction of a credit environment.This article starts from the perspective of credit environment and banking industry structure,and studies the problem of financing constraints of small and medium-sized enterprises in Henan Province.The banking structure referred to here refers to the relative status of the city and rural commercial banks in the local banking industry.Firstly,it briefly analyzes the development status of SMEs in Henan Province,and finds out the reasons for the financing constraints based on the status quo.Secondly,it explains the financing constraints that companies face from the perspective of the fund supply side,focusing on the different levels of the credit environment.The continuous development of China Rural Commercial Bank and its influence on the financing constraints of small and medium-sized enterprises,finally proposed an optimized path to ease the financing constraints of SMEs in Henan Province and related suggestions.The small and medium banks referred to in this article refer to the urban and rural commercial banks in our province.Through the analysis of the current situation of SMEs in Henan Province and empirical tests,this paper believes that: 1.The development of cities and rural commercial banks can ease the financing constraints faced by SMEs in Henan Province.2.The improvement of the local credit environment can significantly ease the financing constraints faced by SMEs.3.Under a good credit environment,the development of cities and rural commercial banks will play a greater role in alleviating the financing constraints of SMEs in Henan Province. |
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