Study On Optimization Of Small And Micro Finance Credit Factory Model Of A Branch Of ICBC

With the development of our country,the number of small-micro enterprises(SMEs)has taken up more and more proportion,at the same time,SMEs play important roles in national economy and society.Fully supporting and developing the Small-micro Finance is also a requirement of the national policy.For example,the CBRC issues objectives and tasks every year to commercial banks and requires them take full efforts to boost the development of SMEs.Developing small-micro finance is not only meet the needs of the regulators,also the needs of economic development under the new norm for Commercial Banks.With the advance of the public entrepreneurship and innovation by all,SMEs will exist for a long time as the power of China's economic development.Industrial and Commercial Bank of China,as one of the five state-owned banks,not only carries the social responsibility needs to develop micro-finance,but also brings a good profit growth from their own operating point of view.In one word,Commercial Banks lose SMEs,which means will lose the basis of their own development.However,traditional credit mode of commercial banks is not only wasting lots of time,but also existing low efficiency of approval,which can not meet the demands of SMEs' four characteristics including short,small,frequency,urgent.Above all,we should take some effective measures to change the original credit mode.For better service and develop SMEs,ICBC introduced credit mode at the end of 2014 and set up 64 small and micro finance centers in 36 branches across the country one by one,which widely spread.A branch,as one of the experimental centers,begins to implement the small and micro finance credit mode.The mode has been implemented almost more than a year and a half,although has obtained certain achievements,but there are also some problems.This essay begins with the concept of small and micro enterprises,small and micro finance,credit factory through comparative study,data analysis,combining the theory with practical and putting it into use,and other methods.From the domestic and international scholars,this essay also analyzes small and micro enterprises financing theories based on the information asymmetry theory,process theory,cluster financing theory.It states the basic characteristics,management mode,operation process,main advantages of small and micro financial credit factory mode and affirms its advantages.What's more,this paper also takes small and micro financial "credit factory" mode of A branch of ICBC as the research object,including the background,basic framework and innovation of the mode.Bycombining author's practical experience with relevant theoretical knowledge,it comprehensively analyses the current situation of mode development in the latest five years from the aspects of loan size,industry concentration,loan quality etc.with the combination of qualitative and quantitative methods,which includes the data analysis before and after the implementation of the "credit facility".Although after operating the "credit factory",the scale of small micro-loans has reduced and the growth rate also decreased,the effect of small amount and large quantity which less than five millions loan amount is obvious.By reducing the amount of loans aims to avoid the large pressure and operation failure when the enterprises pay off the bank loan.The paper explores the problems and causes of the mode using data and actual cases.In view of the current situation and problems,further guarantee measures will take,which aims to give suggestions and provide better service of SMEs.Above all,the purpose of this essay is to explore the road of adapting to the implementation of small micro enterprise credit business healthy and rapid development in A branch of ICBC,so as to make certain references for other commercial Banks to develop small micro enterprise credit business.