Analysis On Microfinance Of Postal Savings

Since the resuming in 1986, the Postal Savings has provided basis finance services for extensive urban and rural residents and powerful finance support for rural economy with nationwide interconnection advantage and network advantage all over the whole nation and cheap price advantage. The Postal Savings ' balance of deposit exceeds 1,800 billion yuan at present, it owns more than 36,000 nodes, among them above 2/3 nodes distribute in the rural area. The Postal Savings becomes the maximal finance net linking urban and rural area. But as a result of the management system restraint, the Postal Savings only accept deposits not grant a loan, its' fund has not been able to return to the countryside effectively, has not been able to support "three agriculture" effectively, which enlarged a finance gap in rural area to a certain extent. On December 9th, 2005, the Banking Regulatory Commission gave a written reply to the application of State Postal Savings & Remittance Bureau to do the regular deposit receipt pledge business , which was a new starting point to broaden fund operating channel and carry out credit business. On March 20th, 2007 Chinese Postal savings Bank was tenable, providing the persistent effect mechanism for the Postal Savings fund backflowing countryside to serve "three agriculture". On June 22, 2007 Chinese Postal savings Bank had opened Microfinance business, symbolizing that the Postal Savings' fund backflows countryside to serve "three agriculture" came into a new stage, from then on Chinese Postal savings Bank had provided comprehensive financial services referring to assets, debts, intermediate business and so on for peasant households, the individual operators and the small business owners.The main body of this article bases on the contradiction of Chinese agrarian finance supply and demand, by the true data that gains through market research, analysing the progress and the primal problem that the agrarian finance developing facing, especially by the comparatively characteristic of Microfinance business that the agriculture financial agency and the Postal Savings carrying out, come to reach a conclusion: At present the ability of resists risk of Microfinance itself is relatively poor , which is not adoptable to the present stage of rural economy develops. In order to serve the economic growth in new rural area of socialism better, relieve the finance need agriculture providing, improve the credit ability of the standard finance institutes in rural area ,and improve the agrarian finance restraint phenomenon, the postal savings bank should play sufficiently role in the agrarian finance position and effect, accelerate the development that postal saving banks in the Microfinance business. And bases on the superiority and the characteristic of postal savings bank, analyzes the risk control and the cost income analysis that the Postal Savings has in the Microfinance emphatically, proposed that by improving consummates own management and operation mechanism, the perfect risk monitoring system and in the standard service operation flow's foundation, the Postal Savings bank definitely may realize the product innovation, the risk to be controllable and the income is observable, and proposed the Postal Savings bank countryside jot credit operation's developmental strategy and realizes the way. Meanwhile in the external environment aspect, proposed that must increase the related financial reform and policy support dynamics, builds the good macroscopic policy environment.This article's main innovations include: First, on the basis of actuality, the article analyzes the advantage of developing Microfinance, proposing it is an inevitable choice for development of Chinese Postal Savings Bank and the rural finance market; Second, considering risk, the article in detail analyzes risk of Microfinance in our country countryside management; Third, the article has carried on a more exhaustive analysis on fixing price of Microfinance and proposed the efficiency improvement key link and the controllable essential factors from management achievements angle.This article's deficiency lies that empirical analysis is not too full because grasping the materials is limited, the collection of specialized theory and the same business data is difficult, the paper needs further strengthen. Moreover, in view of the fact that author's knowledge structure, ability level are limited, the biased point is unavoidable, please the scholars point out the mistakes.