Research On The Development Of Microfinance Business Of Rural Commercial Banks

The microcredit business is a major reform of China's rural credit management system.Vigorously developing microcredit loan business of rural commercial banks can effectively alleviate the difficulties faced by farmers in terms of loans,and at the same time,it will also achieve better social and economic benefits.With the gradual abolishment of the Agricultural Bank and the policy role of the Agricultural Development Bank,rural commercial banks have become one of the main forces in rural finance.In the basic business of rural commercial banks,the relationship between microfinance business and the economic life of rural households is the closest,and it has a direct impact on the rural financial environment.However,there are still many problems in the development of rural microfinance business of rural commercial banks.It is of great practical significance to study the development of microfinance business of rural commercial banks.This paper takes Z City Rural Commercial Bank as an example.Firstly,it introduces the development background of microcredit business of rural commercial banks in Z city and the significance of the research of this paper.It also briefly explains the article's research ideas and research methods,as well as the domestic and foreign research overview.Secondly,it introduces the concept definition,characteristics,theoretical basis and the significance of the development of microfinance business in the microcredit business of rural commercial banks.Thirdly,we introduced the general situation of rural commercial banks in Z city,and then analyzed the status quo of microfinance business of rural commercial banks through statistical data in Z city,respectively to different types of customers,business types,guarantee methods,loan term,The “three rural issues” situation was explained;at the same time,combining the status quo,the problems and causes of the current rural commercial banks were identified in Z city.Then,it analyzes the successful experience of domestic and foreign banks in the development of microfinance business,and summarizes the enlightenment from its successful experience to the development of microfinance business of rural commercial banks in Z city.Finally,in response to the problems in the microfinance business of the rural commercial banks in Z city,a strategy to address the development of microfinance in the rural commercial banks was proposed in Z city: First,the government reasonably guided the farmers in their knowledge of the microfinance business;second,it continued to satisfy the farmers.Funding needs of microfinance business;Thirdly,continuously improve the asset quality of microfinance business;Fourth,strengthen the risk prevention of microfinance business;Fifth,innovate microfinance products,and improve the credit system.