Original title: Multi-pronged bank relief to help small and medium-sized enterprises expand the financial coverage of the supply chain into a breakthrough
Relevant departments are continuing to increase their policy efforts around the rescue and assistance of small and medium-sized enterprises.
On November 23, Zou Lan, Director of the Department of Financial Markets of the Central Bank, stated at the State Council’s regular policy briefing that the central bank will actively play the role of re-lending, rediscounting policy directional control, and precise drip irrigation, adding 300 billion yuan of small-scale re-lending quota to support Local corporate banks increase loans for small and micro enterprises and individual industrial and commercial households. From 2020 to October this year, banks have accumulatively deferred the repayment of principal and interest for 14.4 trillion yuan of loans, of which 11.8 trillion yuan has been supported for the deferred repayment of principal and interest for small, medium and micro enterprises, and a total of 9.1 trillion yuan has been issued for inclusive small and micro credit loans.
A city commercial bank’s director of the corporate business department revealed to reporters that as relevant departments added 300 billion small refinancing lines, on November 23, the head office asked them to speed up the provision of credit and relief assistance for high-quality small and medium-sized enterprises. SME loan applications that have been reviewed but have not yet been disbursed must be fully disbursed before the end of the month, and the bank is setting up a green channel to help small and medium-sized enterprises that have temporarily encountered business difficulties to quickly apply for deferred debt and interest payments.
The reporter has learned from many sources that for the relief and assistance of small and medium-sized enterprises, many banks will also expand the coverage of supply chain financial services as an important breakthrough.
“In the past, we mainly relied on the guarantee mechanism of core enterprises in the industrial chain to provide supply chain financial loans to small and medium enterprises upstream and downstream of the industrial chain. Actively introduce third-party financial technology platforms, and by incorporating factors such as the capital turnover status of upstream and downstream SMEs in the industry chain, the performance status of trade contracts, and trade scenarios into the scope of supply chain loan evaluation, it has greatly expanded the coverage of supply chain financial services and allowed more industry chains Small and medium-sized enterprises get low-interest supply chain loans.” A city commercial bank’s supply chain finance business person pointed out.
Zou Lan said that in response to the many difficulties faced by small, medium and micro enterprises in the near future, the central bank will continue to promote relevant work in three aspects in the next phase: First, make good use of the newly increased 300 billion yuan of small and medium-sized reloans and guide local corporate banks to increase. Credit issuance, the preferential interest rate is transmitted to small and micro enterprises and individual industrial and commercial households, the use of carbon emission reduction support tools, and a special re-loan for the clean and efficient use of coal of 200 billion yuan, promote the green and low-carbon transformation of small and micro enterprises; Policy support and capital continuation after the expiration of the instruments, while focusing on the quality of deferred loans and credit loans, to effectively prevent and control credit risks; the third is to carry out in-depth projects to improve the financial service capabilities of small, medium and micro enterprises. Strengthen internal resource allocation and assessment incentives of financial institutions. Strengthen the use of scientific and technological means, vigorously promote the active credit granting and loan-on-demand loan models, and standardize the development of supply chain finance. At the same time, strengthen coordination and cooperation among departments, promote the construction of supporting mechanisms such as credit information sharing and financing guarantees, and improve the quality and efficiency of financial services.
Take the initiative to defer the repayment of principal and interest to the distressed small and medium-sized enterprises
Many city commercial banks bluntly told reporters to the public sector that the number of small, medium and micro enterprises that have recently applied for extended loan repayment has increased compared with the past.
“Most small, medium and micro enterprises that have applied for extension of credit service are mainly affected by natural disasters or the spread of epidemics, which has affected their production, operation and sales activities to a certain extent. In addition, some export-oriented small and medium-sized enterprises have also delayed the delivery of goods due to the tight shipping capacity. Later, it was impossible to obtain the balance of foreign trade orders on time, and it was temporarily difficult to repay the principal and interest of bank credit.” The above-mentioned city commercial bank revealed to reporters the head of the corporate business department. Corresponding green channels are being established within the bank. As long as the branches verify that the operating challenges encountered by these small, medium and micro enterprises are true, the head office will quickly allow them to postpone the repayment of the credit principal and interest for half a year as appropriate.
The reporter has learned from many sources that some banks have also introduced risk control models such as big data analysis to actively assist small, medium and micro enterprises in some areas to solve the problem of delayed credit repayment.
“Two months ago, we found through big data analysis models that small and medium-sized foreign trade enterprises in some areas of Jiangsu and Zhejiang had to postpone their shipments due to high shipping rates and delayed shipping schedules. As a result, the final payment of foreign trade orders was delayed accordingly, so we asked the local The branch took the initiative to understand the capital turnover status of these foreign trade SMEs, whether it was necessary to postpone the repayment of principal and interest, and gave some small and medium-sized enterprises encountering the dilemma of capital turnover to postpone the repayment of principal and interest for half a year.” A risk control department of a joint-stock bank The person pointed out to reporters. In addition, they have also provided new bridge relief loans to many foreign trade companies with product competitive advantages and technology research and development capabilities.
“Especially after the central bank added 300 billion small reloans, the head office also asked us to increase the provision of relief loans to small and medium-sized enterprises that have a market for products, promising projects, and technologically competitive small and medium-sized enterprises with temporary difficulties in production and operation to help them. Stabilize production and operation activities, especially to resist the impact of rising raw material prices.” The aforementioned city commercial bank revealed to the head of the corporate business department that previously, the bank’s risk control department was afraid to approve new bridge loans because of the increased operating risks of these companies. Now, the head office has newly approved new special loan lines to provide these enterprises with fast credit support.
“Behind this is that we still need to change the credit risk control review model for SMEs.” He believes. The bank’s risk control department still regards whether small and medium-sized enterprises can provide sufficient credit collateral and whether there are government guarantee agencies to provide financing guarantees as important lending standards. In fact, the technological research and development capabilities and technology patents of many SMEs have considerable market influence and economic value. This alone is sufficient to help banks resist credit risks.
Recently, the Office of the Leading Group for Promoting the Development of Small and Medium-sized Enterprises of the State Council issued the “Measures to Improve the Competitiveness of Small and Medium-sized Enterprises” and pointed out that it supports financial institutions to deepen the use of big data, artificial intelligence, blockchain and other technical means to improve credit approval and risk management models, and continue Increase the scale and intensity of initial loans, renewal loans, credit loans, and medium- and long-term loans to small and micro enterprises.
Reform the financial business process of the supply chain and expand the coverage of credit support for SMEs
In order to expand the scope of relief assistance for SMEs, more and more banking institutions are taking supply chain finance as a new breakthrough.
The reporter has learned from many sources that more and more banks are re-adjusting the business process of supply chain finance, shifting the secured financing credit model that used to rely too much on core enterprises in the industrial chain to credit loans based on the trade background and capital turnover of upstream and downstream enterprises in the industrial chain. , And strive to provide low-interest credit support to small and medium-sized enterprises that have a good record of capital turnover in the industry chain and a stable capital chain.
“At the same time, we are trying to introduce third-party financial technology institutions to convert the past capital turnover records and trade performance status of small and medium-sized enterprises in the industry chain of various industries into corporate credit reports, which will serve as a new way for banks to issue credit loans. Basis.” The person in charge of the supply chain finance business of the city commercial bank told reporters. At present, this initiative has achieved initial results. In the past, they could only provide loans to small and medium-sized enterprises that are willing to provide financing guarantees to core enterprises in the industry chain. Now they can also extend their supply chain loan services to most small and medium-sized enterprises in the entire industry chain. As a result, the scale of supply chain financial loans increased by more than 150% year-on-year, while the number of small and medium-sized enterprises benefiting upstream and downstream of the industrial chain also increased by about 60%.
The reporter has learned from many sources that the biggest challenge many banks are facing in expanding supply chain finance is the increasing moral hazard.
“For example, we have encountered many small and medium-sized enterprises before. They had no problems in terms of business capital flow, upstream and downstream trade contract performance, but these companies eventually experienced supply chain loan defaults.” A head of the bank’s post-loan management department Tell reporters. At first, the bank did not know the reason for this. Later, by tracking the flow of supply chain loan funds, it was discovered that these business owners have a close relationship with private lending intermediaries. Bank credit overdue due to private lending default.
He revealed that his bank is currently increasing cooperation with third-party financial technology institutions to build a personal relationship map of small and medium-sized business owners, and increase the review of the personal credit status of business owners in the supply chain financial loan review process to avoid potential moral hazards. .
Recently, this bank has once again upgraded its supply chain financial business risk control process. At the end of small and micro enterprise operation risk assessment, the bank collects as much data as possible on enterprise ERP, bills, bank and tax interaction, e-commerce services, cashier logistics, etc. Evaluate and effectively prevent business risks; at the end of the personal repayment risk assessment of small and micro business owners, the bank comprehensively collects the various interpersonal relationships of small and micro business owners through compliance methods to form a complete relationship network map for judgment, thereby preventing fraud And other moral hazards.
Zou Lan said that in terms of improving the convenience of supply chain financing for small, medium and micro enterprises, the central bank will issue a supply chain financial management system, establish a policy framework for the development of standard supply chain finance, and support small, medium and micro enterprises in financing through the Zhongzheng accounts receivable financing service platform. . From January to October this year, Zhongzheng’s accounts receivable financing service platform has supported nearly 20,000 small, medium and micro enterprises to obtain financing of 1.46 trillion yuan.
(Author: Chen Zhi Editor: Zhang Xing)
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