Electronic Business platform to enter into small loans

Nanfang Daily News (reporter/Rongjinguang) "This year to do a good job of microfinance companies and financing guarantee Company's credit service." The positive incentive mechanism is established, and two types of institutions that meet the requirements are ordered to access the credit system and provide the credit service. Gongsheng, deputy governor of the central bank, delivered the news at a teleconference held recently at the National Credit Conference. He said that the implementation of the two types of institutional credit rating pilot work, for commercial banks, regulatory departments to provide effective reference.

It is understood that China's microfinance companies have more than 6,000, employs more than 65,000 people. Loan balance over 600 billion yuan, an increase of 52%. Among them, the electricity merchant Small loan the title to enter.

Small lenders share central bank credit data

The financial information base database of central bank Credit Center has been in operation for more than 8 years, it has included more than 18 million enterprises and more than 800 million natural persons credit information, commercial banks and other institutions can directly access credit system, information submitted and report to the inquiry, but microfinance companies are not included in the scope of the system.

If the above two types of institutions are successfully connected to the credit system, it will also help the microfinance companies to identify their clients ' risk and improve the efficiency of loan. Two years ago, Hunan and other provinces have begun to pilot the small loan companies, financing guarantee companies to access the credit system.

As early as January this year, the "Credit Management Ordinance", Pan-shing, demanded that in 2013 the full implementation of the Credit Management Ordinance should be implemented to expedite the enactment of the relevant supporting system of the ordinance and gradually form a comparatively perfect system of credit management. At the same time, strengthen the credit management and promote the development of credit market. To develop a clear, in line with the actual market supervision rules, comprehensively enhance the supervision capacity, make full use of on-site, off-site inspection means to increase the disclosure of personal information on the investigation and treatment efforts, to learn from the developed market experience, from the institutional training, business improvement and product innovation to promote the healthy development of China's credit market.

In addition, improve the financial credit information base database service level. We should take more measures to improve the quality of database data, closely follow the business needs of financial institutions, enrich credit products and services, make full use of technical means, perfect the prevention and control of abnormal inquiries, and promote the construction and application of movable capital registration and publicity system.

Generally speaking, China's microfinance companies are small micro-enterprises, low-income groups and individual farmers as the main target of the grassroots financial institutions, for a natural person's loans, the maximum of not more than 100,000 yuan can be called a small loan. In the current tide of private funds and the small micro-enterprises to seek loans, microfinance companies play an important role in the bridge, the development of space increasingly prominent.

The balance of the small loan is over 600 billion.

It is worth mentioning that in the small loan model, the title of the number of radical to Alibaba as the representative of the small loan mode. Alibaba set up in 2010, Alibaba Micro-loan company, created a "platform + small Loan" financing model, to become the country's first fully oriented e-commerce field small micro-enterprise financing needs of microfinance companies, and the first domestic e-commerce field of microfinance companies business license. 2011, Chongqing City, Alibaba Small Loans Co., Ltd. was also announced the establishment of a registered capital of 1 billion yuan. Alibaba Group's financial business Plate "Ali Finance" was formally born. Relying on its powerful business-to-consumer, business-to-business platform, is now doing a good job. Ali Hu Xiaoming, head of finance, said: "We have a single credit cost of 2.3 yuan, but the operating cost of the bank may be around 2000 yuan." ”

Coincidentally。 November 27, 2012, Jingdong Mall officially released its first financial services products supply chain financial services system, and with the Bank of China (601988, shares) Beijing Branch signed a strategic agreement, the latter pledged to the BoE a hundreds of millions of yuan credit limit to provide the supplier with loan support. Recently, Suning electrical appliances (002024, shares bar) group issued a notice that 300 million yuan to launch the establishment of "Chongqing Suning Micro-Loan Co., Ltd." (referred to as "Suning small Loans Company"), of which the Hong Kong Suning capital of 225 million yuan, accounting for the total amount of 75%, Suning Appliance Group Capital of 75 million Accounted for 25% of the total registered capital.

Try to innovate credit by using the Internet, in a radically different way than the traditional credit used by most financial institutions. This type of credit is available 24 hours a day throughout the year, and small micro enterprises can be used with the loan. These companies ' microfinance businesses are forming a super platform for online merchants to deliver orders to financing services.

China has more than 6,000 microfinance companies and employs more than 65,000 people, according to Liu Ke, chairman of the Joint Meeting of China's microfinance institutions. Loan balance of more than 600 billion yuan, an increase of 52%, higher than the same period of RMB loan growth rate of 37%. Its new loan balance amounts to a medium-sized commercial bank's credit scale. Data show that since 2005, China opened a microfinance company pilot, the number of companies still less than 10, but by 2009 has broken through 1000, to the end of 2011 has broken through 4,000, throughout the country's provinces.