An Research On The Effect Of Bank Size On Small And Micro Enterprises Credit

The financing problem of small and micro enterprises has been a worldwide problem for a long time.Foreign scholars put forward the "advantage of small Banks" hypothesis by studying the financing problem of small and micro enterprises,that is,there is a "well-matched" rule between the bank size and the financing object.Due to different national conditions,especially in the new normal of the economy,with the intensification of industrial competition and the development of fintech,large commercial Banks are actively developing the credit business of small and micro enterprises,which makes the applicability of the "advantage of small Banks" hypothesis in China appear to be passivated.Therefore,it is necessary to re-examine the traditional theoretical basis and policy orientation of "scale structure correspondence".Based on the special investigation data of Foshan financial supervision department,taking Foshan city as an example,this paper studies the influence effect of bank size on the credit of small and micro enterprises by using factor analysis and other methods.It restudies and reviews the "advantage of small Banks" hypothesis that emphasizes the scale structure,and finds that:(1)the small micro enterprise credit the applicability of the "small bank advantage" hypothesis of passivation,although represented by rural financial institutions of small Banks still good at give small micro enterprise credit,but the big commercial Banks are adept at small micro enterprise credit,small micro enterprise credit scale did not present a linear relationship with the bank,and present a u-shaped relationship instead.(2)in terms of private small and micro enterprise credit,the existence of financial exclusion makes the applicability of "small bank advantage" hypothesis passivated.Although large commercial Banks are actively developing credit for small and micro enterprises,they have a low risk preference and prefer to provide credit to small and micro state-owned enterprises,so as to meet the "no less than three" regulations of the regulatory authorities.(3)in terms of innovation factors of small and micro enterprise credit,large Banks and joint-stock Banks dominate the top score.To some extent,it indicates that medium and large Banks actively use fintech to develop small and micro enterprise credit and make full use of the advantage of low marginal cost of Internet,but in essence it is an extension of transaction loan technology.(4)in terms of small and micro enterprise credit,shunde rural commercial bank has the best development of small and micro enterprise credit,which mainly relies on the development of bank-government cooperative loans,indicating that small Banks still rely on relational loan technology to develop small and micro enterprise credit.