Research On The Strategy Of S Rural Commercial Bank's Microfinance For Poverty Alleviation

Financial poverty alleviation,as an important part of precise poverty alleviation strategy,plays an increasingly important role in poverty alleviation,promotes economic development of the county and brings opportunities for financial industry to innovate and develop itself.Rural Commercial Bank,as the main practitioners of financial poverty alleviation in local financial institutions,meet the financial needs of the poor people and poverty-stricken areas by providing microfinance for poverty alleviation to help them alleviate poverty,which greatly promotes the self-development force of the poor groups.At the same time,they are faced with the transformation opportunities of huge potential customer groups after the poor people get out of poverty,as well as the challenge because of imperfect risk-sharing mechanism.The serious issue is how to balance profit,responsibility and risk.It is still important for the Rural Commercial Bank to implement precise policies and cover them in an all-round way,to ensure that risks can be controlled and benefits should be taken into account,to give full play to the function of financing,and to form a sustainable business poverty alleviation model.This paper takes S Agricultural and Commercial Bank's micro-credit for poverty alleviation as the research object,it is fully affirmed that agricultural and commercial banks plays an important role in promoting financial poverty alleviation both at the national level and the perspective of their own development orientation.The one-in-one approach adopted by S Agricultural and Commercial Bank,namely “self-development of household loans” and “partnership development of household loans” helps the poor get rid of poverty subjectively or by external force.Through combing the core concepts and basic theories,and summarizing the development status of S Agricultural and Commercial Bank's micro-credit for poverty alleviation,it is concluded that there are still problems such as insufficient cooperation between different entities,weak business innovation,inadequate business risk management and insufficient positive incentive mechanism.On the premise of analyzing its development environment,this paper put forward development suggestions and strategic choices through advanced experience,and at the implementation level,it specifically adopts clear role and function orientation,strengthens financial innovation,improves risk-sharing mechanism and improves internal and external incentives and other strategies.