Related News
Banks pick micro firms as clients
Print Edition
SMALL and micro enterprises have earned most attention from banks for the first time, according to a report by China Banking Association.
Around 65 percent of the surveyed bankers chose the businesses as their key potential clients for the future, the report showed.
In recent years, the banks’ recognition and dispersal of risk has been strengthened and management of loans to small businesses improved, the report said.
In a bid to improve credit support for small and micro enterprises, startups and agricultural production, China’s central bank announced a targeted reserve requirement ratio cut in September.
The new policy, to take effect in 2018, offers commercial banks a reserve requirement ratio cut of 0.5-1.5 percentage points if their annual outstanding or new loans in inclusive financing meet certain requirements.
The survey covered 1,920 bankers from 166 domestic financial institutions.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
