Small micro-enterprise loans upcoming special financial bonds

  CBRC 25th revealed that the first batch of small micro-enterprise loans upcoming special financial bonds.
China Banking Regulatory Commission recently issued "on the support commercial banks to further improve financial services to small and micro enterprises supplementary notice" (hereinafter referred to as "Supplemental Notice"), for the previous "silver ten" relevant requirements refinement.
  The CBRC issued in May called "silver ten" "About support commercial banks to further improve financial services to small businesses," which relates to the average growth rate of small micro-enterprise loans, incremental, access to financial services institutions and small and micro enterprises special financial bonds and other aspects of the loan. The "supplementary notice" to further clarify the conditions for commercial banks to issue loans for small and micro enterprise special financial bonds. In addition to the need to meet the financial bonds issued relevant laws and regulations and prudential supervision requirements for small micro-enterprise loans to achieve the first goal of the commercial banks can apply for special financial bonds issued.
  According to the CBRC to sources, there have been banks for small and micro business loans issued special financial bonds, the relevant departments are actively approval, the first batch of financial bonds coming soon.
"Supplemental Notice" requirement, apply for the issuance of special financial bonds of small micro-enterprise loans of commercial banks shall meet "national inter-bank bond market, financial bonds management approach" and other regulations, other small micro-enterprise loan growth of not less than All loans have an average growth rate should be higher than the level of the previous year increments. Small and micro business loan application for the issuance of special financial bonds enterprises should issue a written undertaking to the funds raised by the issue of financial bonds issued for all small and micro business loans.
  According to the "Supplementary Notice" small micro-enterprise loans issued special financial bonds of commercial banks, the debt corresponding to the single-family credit total $ 5.0 million (inclusive) of the small and micro business loans in the calculation of "Adjusted deposit small and micro enterprises than, "you can be charged molecule items. Some analysts believe that, in the stern loan ratio assessment of the situation, which the banks will undoubtedly have considerable appeal.