Research On The Government Supervision Of Small Loan Companies In Liaocheng

In recent years,with the development of the economy,the demand for capital is becoming more and more important.Some groups,such as the poor,small businesses and micro enterprises,are difficult to obtain funds from the banks.If their financial needs are not satisfied,their development will be limited.In response to this problem,such as the emergence of small loan companies in China.In recent years,they have shown a trend of rapid growth.By the end of 2017,the number of small loan companies was close to 9000,with nearly 110 thousand employees.Small loan companies to serve the "three township",small and micro enterprises for the purpose of a single business,basically only to do loan business,not to absorb public deposits.The rise and development of small loan companies,to a large extent,alleviated the shortage of banks in the "three rural" and small and micro enterprises,and improved the financial market.In the rapid development of China's urban and rural market economy,the microfinance industry will play a more and more important role.However,with the development of industry,small loan companies have gradually exposed the problems of shortage of funds,single business,difficult transformation,blind funds and so on.The supervision of small loan companies has also become the focus of attention.Although governments all over the world are trying to improve the regulation of microfinance companies,there are still many difficulties.If the government is not in place to supervise the small loan companies,the microfinance industry can not develop healthfully for a long time.This not only affects the microfinance industry,but also affects the local economy and affects the normal financial order.Therefore,it is necessary to study the supervision of small loan companies.The main research object is the Liaocheng microfinance company,through investigation and study and the Liaocheng microfinance companies,as well as the reference of research and literature review of the status of small loan companies in Liaocheng are analyzed from the size of the company,the capital source of the personnel structure,operation and other aspects of the regulatory status of small loan companies in Liaocheng.From the analysis of the regulatory body's point of view,the relevant laws and regulations,as well as the main problems existing in the current system,such as the supervision mechanism is not perfect,lack of experience,lack of supervision,the quality of personnel incentive mechanism is not uniform SM.This paper analyzes the shortcomings of current Liaocheng supervision,and combines the domestic and foreign related successful cases for reference and analysis.This article mainly draws on the advanced ideas and successful experiences of the Rural Bank of Bangladesh and the government of Wenzhou and Shenzhen in supervising the small loan companies.Finally,in the light of the actual situation in Liaocheng,the countermeasures are put forward to solve the problem.The main measures include:defining the nature of small loan companies,establishing and improving mechanisms,improving laws and regulations,maintaining proper supervision,broadening financing channels,fostering professional talents,strengthening incentive supervision,improving internal governance and increasing publicity efforts for small loan companies.The government supervision of microfinance companies is of great significance to the development of the microfinance industry.Through proper supervision,we can speed up the development of microfinance companies,solve the financing difficulties of vulnerable groups,and further promote the development of China's entire economy.