Based On Empirical Analysis Of Default Characteristics,Research On Innovative Inclusive Financial Products

Jiangsu Province is the leading province of our national economy.There are many small and medium-sized enterprises in Jiangsu Province.The small and medium-sized enterprises above the province's scale account for 97.5% of the industry above the province's scale,and they are the main force of local economic development.Bank A,the largest commercial bank in Jiangsu Province,undertakes the mission of serving Jiangsu with financial services.Therefore,Bank A has always regarded financial services provided by small and micro enterprises as the focus of bank development.In recent years,under the guidance of government policies,a series of financial service innovation activities of small and micro enterprises have been carried out,which provide high-quality financial services for small and micro enterprises with strong innovation ability,good development prospects,good qualifications and credit,and good operating conditions in Jiangsu Province,and make great contributions to the healthy development of small and micro enterprises.But at the same time,Bank A also encounters new problems in the innovation of financial services for small and micro enterprises,such as the high non-performing loan rate of small and micro enterprises,the inadequacy of market credit investment funds and so on.In view of this,this paper makes an empirical analysis based on the small and micro enterprises of Bank A,According to the above default characteristics,Innovative inclusive financial products,so as to better service small and micro enterprises.On the basis of reading a lot of documents,this paper uses STATA software to analyze Bank A in 13 cities of Jiangsu Province(Nanjing,Suzhou,Wuxi,Changzhou,Lianyungang,Yangzhou,Huaian,Yancheng,Suqian,Nantong,Xuzhou,Taizhou and Zhenjiang)in the four phases of June 2017,December 2017,June 2018 and December 2018.The data samples of small and micro enterprises(including default sample data)are analyzed to explore the main factors of credit business failure of small and micro enterprises,establish a measurement model of credit availability of small and micro enterprises,and empirically analyze the main default characteristics affecting credit availability of small and micro enterprises,such as interest rate,term,guarantee mode,etc.Through regression analysis model,this paper finds out the problems existing in the financial products of small and micro enterprises of Bank A,such as higher financing conditions,etc.Finally,empirical analysis based on the characteristics of default,Bank A need to consider how to innovate inclusive financial products from different pricing and channels,Through innovative products such as e-Loan,fast loan,etc.,to better sever small and micro enterprises,meanwhile,The problems encountered are changing the traditional financing guarantee mode based on big data,establishing a network financing system based on Internet+,innovating the service mode of small and micro enterprises through data sharing,deepening the cooperation between the government and the banks,optimizing the guarantee methods of small and micro enterprises,reducing the burden of small and micro enterprises,and other related suggestions,so as to effectively solve the problems of small and micro enterprises.The difficulty of financing.