China Banking and Insurance Regulatory Commission: Small and micro enterprises' loan renewal balance reaches 2.25 trillion yuan at the end of 2020

　　Xinhua News Agency, Beijing, April 3 (Reporter Li Yanxia) The reporter learned from the China Banking and Insurance Regulatory Commission that in order to accurately meet the financing needs of small and micro enterprises, the China Banking and Insurance Regulatory Commission guides banks to reasonably set loan periods and repayment methods based on the financing characteristics of small and micro enterprises, and proactively meets the requirements Qualified small and micro enterprises handle loan renewal business.

As of the end of 2020, the renewal balance of small and micro enterprises reached 2.25 trillion yuan, a year-on-year increase of 56.41%.

　　The China Banking Regulatory Commission stated that in recent years, it has continued to encourage banks to form long-term mechanisms to serve small and micro enterprises through regulatory incentives.

On the capital side, commercial banks are guided to give preferential treatment to small and micro enterprise loans in the internal fund transfer pricing (FTP), so as to solve the problem of "not cost-effective" for banks to do small and micro businesses at the grassroots level.

At present, national commercial banks provide preferential loans for inclusive small and micro enterprises at a rate of not less than 50 basis points in FTP, and some banks have preferential rates of more than 100 basis points.

　　In terms of internal evaluation, the China Banking and Insurance Regulatory Commission requires commercial banks to increase the weight of inclusive financial indicators in the comprehensive performance evaluation of branches to more than 10% to solve the problem of "no performance" in small and micro business lines.

At the same time, it is necessary to set up the assessment content reasonably, reduce the assessment of small and micro-line profits and intermediate business income, and place the focus on the number of effectively served customers, coverage and credit growth.

　　According to reports, in response to the financing needs of small and micro enterprises, commercial banks have continued to innovate product and service models in recent years, actively develop supply chain finance, innovate in guarantee methods such as intellectual property rights, equity, accounts receivable, and reduce excessive reliance on collateral.

As of the end of 2020, the balance of loans to small and micro enterprises in the category of “bank-tax interaction” nationwide was 815.634 billion yuan, a year-on-year increase of 63.21%.