Analysis Of SME Loan Business Of ICBC J Branch

In recent decades,with the rapid development of the national economy,the importance of SME in China's overall economic system has become increasingly prominent.According to statistics,China's non-state-owned enterprises and SME account for 99.8% of the total number of enterprises in the country.About 65% of the tax revenue is paid by SME,and SME contribute up to 60% to the growth of the national economy.For L Province,SME in L Province provide up to 70% of jobs in the province and contribute 60% to L's economic growth.Therefore,we can see that SME in L Province have made outstanding contributions to local employment,played an extremely important role in the development of China's economy,and contributed greatly to maintaining the long-term stability of society.The state and the government have gradually paid great attention to the problem of financing difficulties for SME,but in the moment,the financing difficulties of SME are still widespread.For SME,an important problem in the process of business development is the shortage of funds.The source of funds for a large number of SME relies on the self-accumulation of enterprises and the personal wealth of entrepreneurs,which makes their development speed significantly constrained.In China's financial system,commercial banks are the most important part.Therefore,it is incumbent on the responsibility of solving the financing difficulties of SME.It needs to come forward and inject more funds for SME.The SME loan business is relatively less competitive among commercial banks and is an emerging business area with higher profit margins.Therefore,it may gradually become a new development direction of the credit business of the commercial industry and become a new profit growth point for commercial banks.Therefore,in a fiercely competitive environment,commercial banks should regard SME loan business as one of the important development goals,and focus on innovation in SME loan business,and strive to develop loan products that meet the financing characteristics of SME,thereby winning customer trust,occupying market share.The Industrial and Commercial Bank of China J Branch actively responded to the call of the state,and strived to provide funds for SME to support their development,while also providing themselves with strong profit growth points.However,in theprocess of specifically lending to SME,a series of Problems such as: older guarantee methods,fewer financing types,and too complicated loan processes.This paper takes the SME loan business of ICBC J Branch as the research object,mainly in the following aspects: First,using the chart to summarize the current situation of SME loans of ICBC J Branch;Second,the SME loan of ICBC J Branch The characteristics are elaborated.The third is to raise the problems of the SME loans of the Industrial and Commercial Bank of China J Branch and analyze the reasons for these problems.The fourth is to propose solutions according to the problems existing in the SME loan process of the Industrial and Commercial Bank of China J Branch.