Research On The Implementation Of Credit Policy For Small And Medium-sized Enterprises In Wuhu County Branch Of Agricultural Bank Of China

Data show that by the end of 2017,there are more than 40 million small and medium-sized enterprises in China.Small and medium-sized enterprises have contributed 50%of China's fiscal revenue,created 60%of GDP,achieved 70%of technological innovation,solved 80%of the urban employment problem,and accounted for more than 90%of the total number of enterprises in China.In the county economy,small and medium-sized enterprises in the county are the most important participants,which are directly related to the development and transformation of the county economy,the employment situation and harmony and stability of the society,and the technological innovation and social transformation and development.Although small and medium-sized enterprises in the county are of great significance to the economic and social development of the county,their development process is difficult and tortuous.The most prominent problem is that financing is difficult and expensive,which directly hinders the growth and growth of small and medium-sized enterprises in the county.Small and medium-sized enterprises can obtain financing through internal financing and external financing channels.Among them,banks are the most important channel for their external financing,especially for large commercial banks,which is of great significance to small and medium-sized enterprises.Agricultural Bank is one of the four major state-owned banks.It is the pillar and important force of China's rural financial system.It shoulders the important responsibility of supporting the development of small and medium-sized enterprises.Since its establishment,Agricultural Bank has wholeheartedly served the "three rural" and real economy,provided various financing support for small and medium-sized enterprises,supported the development and growth of small and medium-sized enterprises,and achieved good social effects.However,due to the problems of small and medium-sized enterprises,such as small amount of their own funds,weak ability to resist risks and insufficient mortgage guarantee,the financing is difficult and costly.County-level small and medium-sized enterprises account for more than 90%of the total number of enterprises in our country,but they only get less than 20%of the credit resources.Financing has become the biggest problem that restricts the development and growth of county-level small and medium-sized enterprises.Although the Agricultural Bank has issued many credit policies to promote the growth and growth of county-level small and medium-sized enterprises.However,many problems have been encountered in the actual policy implementation process.Therefore,in order to promote the growth of small and medium-sized enterprises in the county area,realize the healthy and rapid development of Agricultural Bank of China,and realize win-win between banks and enterprises,it is of great practical significance to study the implementation of credit policy for small and medium-sized enterprises in Agricultural Bank of China in the county area.The purpose of this study is to explore and analyze the agricultural bank's credit support for small and medium-sized enterprises in the county and to solve the relevant problems in the process of credit policy implementation.Taking Wuhu County Branch of Agricultural Bank of China Limited as the research object,this study deeply analyzes the implementation of the Wuhu County Agricultural Bank's credit policy for small and medium-sized enterprises,analyzes the overall situation of the Wuhu County Agricultural Bank's credit business for small and medium-sized enterprises,and uses Smith's policy implementation process model to find the problems in the process of credit policy implementation.According to the model,the author puts forward suggestions to promote the effective implementation of ABC's county-level SME credit policy from four aspects:policy environment,policy formulation,policy implementing agencies and policy target objects,so as to realize the healthy and rapid'development of ABC's Wuhu County Sub-branch,and provide reference for other county-level ABC's development of SME credit business.