Research On The Development Of The Inclusive Loan Business Of Fujian Commercial Bank

Since 2005,academia and government departments are paying more and more attention to inclusive finance.Development of inclusive finance is a long-lasting process that cannot be achieved overnight.It is an international problem that how to develop inclusive finance sustainably.A lot of countries in the world are still doing exploration and research on it.Now China is in the primary stage of the inclusive finance,there are still many shortcomings and areas which need to improve in the implementation of inclusive finance.Fujian province is surrounded by mountains and close to the sea,the inland area is mainly with mountains areas and less plains.This kind of natural environmental characteristics which also led to establishment of many small and micro enterprises in Fujian.Therefore,it is representative making Fujian Commercial Bank's inclusive loan business as a research object.Firstly,in this paper,I've used data to analyze the overall situation and existing problems of the development of the inclusive loan business in Fujian Province at the present stage.Secondly,I've used the questionnaire survey method to investigate the reasons for those problems.And then,I've summed up the experience from different cases of developing inclusive loan business in different banks.Finally,I make some suggestions to promote the good development of the inclusive loan business in Fujian.The research results of this paper show that there are problems in the development of the inclusive loan business in Fujian Province,such as slow development,uneven development,high credit risk and high business cost and so on.The causes of these problems are mainly come from four aspects: 1.The local government departments promote the business is too radical and lack of necessary supporting policies and measures;2.The small enterprises themselves also have many problems,which are non-standard management behaviors during the daily production,low education level of the business owners,weak technical strength of enterprises and lack of credit awareness;3.insufficient of the service on the inclusive loan of the banks,such as,business development is limited by resources and management system is not perfect;4.The financial credit environment is immature.In addition,after doing research of the cases we can also find that the market positioning of banks,the difficulty in designing and obtaining loan products,the availability of borrower information,and the attitude of the government also have impacts on the development of inclusive loans.Based on the above analysis,we believe that to promote the good development of the inclusive loan business,we should strengthen the supports from local governments,play the leading role of banks,standardized the management awareness and behavior of small and micro enterprises,and improve the construction of financial credit environment.