All the departments under China Banking Regulatory Commission, all banking regulatory bureaus, policy banks, state-owned commercial banks, joint-stock commercial banks, the asset management companies, China Postal Savings Bank, the trust companies, finance companies and finance leasing companies directly under the supervision of China Banking Regulatory Commission:
According to the spirit of the important instructions of the leaders of the CPC Central Committee and the State Council on promoting and improving the financial services provided to small enterprises and the requirements of the economic work of the second half of the year, and with regard to the difficulties faced by the small enterprises at the present and in a relatively long period in the future, and for the purpose of alleviating the difficulties of small enterprises in financing, the banking institutions shall seek reform and innovation, be practical, perform their responsibilities, and achieve relevant breakthroughs in accordance with the requirements of the scientific concept of development, and further improve the financial services provided to small enterprises, as well as enhance credit support to small enterprises. We hereby notify you of the relevant requirements as follows:
I. Using the newly increased loans scale to the maximum to effectively support the development of small enterprises. All banking institutions shall earnestly carry out the guideline of ”°treating discriminatorily with both encouragements and discouragements”±, strengthen their awareness and initiatives, intensify the adjustment of credit structure, improve the allocation structure of asset terms, and adhere to the combination of total fine-tuning and structural optimization, ensure that the newly increased total credit is used for improving the credit structure and really used for increasing the credit granted to small enterprises. Firstly, all banking institutions shall arrange for separate scales and conduct separate examination. You should arrange for the newly increased credit scale of small enterprises separately, and conduct examination separately under the principle that the growth rate of credit granting shall not be lower than that of the whole loans, and the increment shall not be lower than that of the previous year. You should strengthen the adjustment of the structure of assets stock, and lay more efforts on the important fields and the weak links of economy after the recovery of loans, and optimize the structure of stock credit. Secondly, all banking institutions shall make separate lists of clients, and conduct separate management and statistics. You should have good understanding of the keys, pace and intensity of macro-control, take the small enterprises which comply with the industrial policies and environmental protection policies and have market, technology and development prospects as the important objects of support according to the industrial policies and environmental protection policies of the State, and make separate lists of small enterprise clients supported by the branches at all levels so as to ensure accuracy when doing client manager marketing and credit approval. Thirdly, all the banking institutions should price separately and float the price reasonably. You should support the sustainable development of small enterprises when guarding against risks, and perform your social responsibilities when improving your benefits, and reasonably float the loan rate for small enterprises on the basis of risk-based pricing. You must not take advantage of granting loans to make tie-in sales of insurance, funds and other products, must not attach unreasonable terms to the grant of loans, or take unreasonable fees in any disguised form.
II. Further strengthening the function of providing financial services to small enterprises. All banking institutions should choose a suitable operation model and organizational structure to carry out the ”°Six Mechanisms”± and realize the sustainable development of the credit business of small enterprises in light of their own realities. All large and medium-sized banks should strengthen the sense of service, and rebuild the organizational structure and processes according to the characteristics of ”°short, small, frequent and urgent”± of the financing requirements of small enterprises, promote the establishment of departments for the credit business of small enterprises, and lay emphasis on the construction of a long-term mechanism. You should set up special administrative departments and professional teams for the credit of small enterprises, establish rules and measures for classified management, separate accounting and assessment, and set up rules on credit approval, risk management, incentive mechanism, manpower training and internal control in line with the characteristics of the credit of small enterprises. All local banking institutions should bring into full play the functional advantages of serving small enterprises, commit yourselves to the financial services in counties and neighborhoods in light of their own features, and make full use of the increased credit resources to intensify credit support to the local small enterprises under the premise of satisfying the requirements of prudential supervision and ensuring steady operation. All banking institutions may properly set up additional outlets in the regions where there is a vigorous private economy, abundant private capital, and a robust financial demand; may properly enlarge the pilot scope of the new type financial institutions, including banks in towns and villages, and speed up the pace of approval according to the principle of ”°low-threshold and strict supervision”±. Meanwhile, You should further regulate and lead the civil loan activities.
III. Paying more attention to promoting financial innovation. Firstly, all banking institutions should innovate the loan guarantee or mortgage ways for small enterprises, explore new ways of guarantee, such as pledge of rights and pledge of cash flow within the scope permitted by law, including setting mortgages .....
