信贷配给及中小企业融资困境分析（Credit rationing and analysis of financing difficulties for SMEs）.docVIP

信贷配给及中小企业融资困境分析（Credit rationing and analysis of financing difficulties for SMEs） In 2011 ninth Thirty-two In recent years, the central bank has repeatedly introduced new policies to encourage financial institutions to be small and medium Corporate finance provides support, but the financing difficulties of SMEs have not changed much Good. Especially after the 2008 financial crisis, banks and other financial institutions were profitable in lending And security are more emphasis on the latter, and for safety reasons, tend to increase wind resistance Financing of large enterprises with greater ability to risk, the financing environment for SMEs is deteriorating. even if Private credit is more developed in Jiangsu, Zhejiang, due to the high interest costs and letters Restrictions on the size of loans, SMEs financing is also difficult. I. financing difficulties for SMEs According to data released by the peoples Bank of China, as of the end of 2009, bank gold Financial institutions loan balance of 42 trillion and 560 billion, an increase of 10 trillion and 520 billion over the beginning of the year An increase of 32.83%, a record high. Among them, SME loans 10 trillion and 900 billion, Year on year growth of 13.5%, accounting for only 25.6% of the annual loan balance. At the same time, Chinas small and medium-sized Enterprise self financing ratio is close to 90%, external financing only accounts for about 10%; in small and medium-sized enterprises In the outside financing, the share of the bank exceeds 70%, and the bank becomes a small and medium-sized enterprise The most important source of external funding. [1] Therefore, the focus of this paper is through the analysis of banks The information game between the financial institutions and SMEs seeks to solve the SME finance Difficult path. Classical economists believe that lenders can be clear in the full information market To understand the borrowers credit standing and the degree of risk of the investment project. By e