Research On Small And Micro Credit Business Model Of CMBC

With China's economic development stepping into the new normal and the economic growth slowing down,small and micro finance is playing an increasingly important role in economic development,and the country is also paying more and more attention to the economic development of small and micro enterprises.At first,commercial Banks were in a passive position in the small and micro credit business due to the high risk,high cost,small financing scale and low profit of small and micro enterprises.With the continuous development of Internet finance,the phenomenon of financial disintermediation and interest rate liberalization has exerted a huge impact on the traditional commercial banking business and reduced the profit and income of commercial Banks.As a result,commercial Banks have gradually begun to pay attention to the development of small and micro credit business.However,for the financing characteristics of small and medium-sized enterprises,it is difficult for commercial Banks to apply the traditional credit approval mode.Faced with the improvement of their own operating efficiency and the capital demand of small and medium-sized enterprises,commercial Banks need to constantly explore new credit management mode.Based on the theory of small and micro credit and successful cases at home and abroad,this paper takes China merchants bank as the specific research object.Through the analysis of the current situation of small and micro credit business of China merchants bank,the deficiencies in the existing credit model were found,and the deficiencies were optimized.Through empirical analysis,this paper USES stationarity and co-integration test,grand causality test and multiple regression analysis to verify whether the optimization scheme is effective.The empirical results show that the reduction of non-performing loan ratio and cost income can improve the profitability of China merchants bank,while the optimization plan to some extent reduces the non-performing loan ratio and operating costs of China merchants bank,so the optimization plan can theoretically have a positive impact on the performance of China merchants bank.Finally,this paper gives some concluding Suggestions,which are expected to be of guiding significance to China merchants bank and other commercial Banks' credit models.