In November 18, 2009, the financing of small loan companies in Chongqing City, the signing ceremony, the Three Gorges bank, Chongqing bank, Chongqing rural commercial bank, the State Development Bank Chongqing branch, the Chongqing branch of the Agricultural Bank 5 banks and Guarantee Corporation, the petty loan company signed an agreement, the petty loan company (hereinafter referred to as the "small loan company") wholesale lending, the Guarantee Corporation to provide guarantees.

   As the main supervision department of Chongqing financial do hope, bank, security, small credit company "three-in-one" wind control mode can open small loan company's financing situation. The bank thinks to small loan company wholesale loan risk, a few small loan companies can obtain loans from the bank, the financing difficult.

   In order to solve the financing problem of small loan company "no rice pot", the Chongqing financial office issued a special interim measures of bank financing management of small loan company (hereinafter referred to as the "measures"), spread the risks of banks from the regulatory perspective. Since then, the Guarantee Corporation is introduced, and a firewall built.

   Risk prevention system gradually established, bank credit gradually opened door. Not long ago, Bank of the Three Gorges on the three small loan company loan 230000000 yuan, has issued 100000000 yuan.

    Counter guarantee for financing problem

   The shortage of funds is the biggest problem for small loan companies.

   From 2008 August since the pilot, Chongqing has opened a small loan companies reached 65, as of September this year, loans totaled 5630000000 yuan. The registered capital of Chongqing small loan company gold in general 50000000 yuan to 100000000 yuan between, similar to other places, after the opening of capital very quickly by lending out, small loan companies face rice pot without embarrassment.

   To solve one of the channels is Kuogu capital, but the operation is complex, and faced with many factors. The chairman of a small loan company is disclosed, the pre opening expenses more, net profit since the opening rate of only 7%, so the shareholders of the capital increase is not warm.

   In 2008 August, the "measures" of Chongqing Municipality on the administration of the pilot small loan companies issued, provisions of small loan companies can apply to the bank financing, the amount does not exceed 50% of the net capital. However, because of the operation had no precedent, and the banks that wholesale loans to small loan risk is relatively large, the pilot year, few small loan companies to obtain bank loans.

   To promote this work, the Chongqing financial office issued the "measures", the financing risk control to make detailed arrangements.

  "Approach" is mainly the small loan company's non-performing loan ratio as the risk control indicators, when the acceptance of small loan company loans bad rate above 10%, finance office will be prompted the risk of.

   When the non-performing loan rate of 20%, regulators will require small loan companies to take control of the loans, loan recovery measures such as strengthening. When the bad rate reached more than 30%, institution for risk warning of small loan companies, and may require a small loan companies to stop lending, to collect loans.

   If the defect rate reached 50%, regulators may require small loan business for rectification, bank loans can be agreed to take over the small loan companies, small loan company in 3 months, still can not perform the obligation of repayment of bank loans, according to the agreement, take the form of small loan company shareholders equity pledge the direct disposal of recovered.

   In May this year, Chongqing Han Hua microcredit companies from the Chongqing branch of the State Development Bank loans 25000000 yuan, becoming the first bank loan obtained from the small loan companies.

   Chongqing City Finance Office in charge of small loan company director Du Gang said: "the situation in the" measures "after the introduction or not fully open, the bank is still difficult to accept small loan company loan way, that great operational risk."

   In order to spread risk bank further, the Guarantee Corporation is introduced. In the city of Chongqing financial do guided, the Export Import Bank of Chongqing's import and export Guarantee Corporation, Chongqing Hanhua guarantee four Guarantee Corporation began to intervene.

   For example, Chongqing import and export Guarantee Corporation as Huixin small loans to 50000000 yuan of bank loans as collateral, "according to the traditional thinking, the business did not do. But our Guarantee corporation concerned is a valuable resource, is the small loan company's equity and credit assets." Import and export guarantee business development director Liu Hanjie said.

   Specifically, the import and export guarantee security for Huixin small loan company loan, Huixin do counter guarantee for the import and export guarantee, counter guarantee asset is held by the shareholders of small credit company Huixin small loan company shareholding of 100000000 yuan, and 80000000 yuan of credit assets.

   Because of the credit assets is changing, small loan company is required a certain amount of credit asset ownership. Liu Hanjie introduction, the Guarantee Corporation set up a critical point for small loan credit assets, if the small loan company loan without 80% of registered capital issued, Guarantee Corporation will concern, if found will even require banks to recover loans. "In the current shortage of funds, loans amounted to less than 80%, the company may be a problem." He said.

    Illegal fund-raising will be closed

   In fact, the petty loan company to expand the sources of funds and the way out.

   Chongqing financial do preparation based on classification rating, differential regulation of small loan company. Du Gang introduced, now the initial idea is to introduce an independent third party, on the basis of quantitative and qualitative, classification of small loan companies, given the different support for different levels of small loan company.

   For rating better small loan companies, can even give the treatment of existing policies. "We will lead some better small loan companies into new business scope." Luo Guang said.

   For example, allow the business entrusted loans. Divided into group A and B entrusted loans, a customer is looking for loans, and responsible for the risk, small loan companies charge a fixed fee. B is a small loan company customer screening, risk.

   In addition, the transfer of credit assets is brewing. The pilot at the beginning, Chongqing provisions of small loan companies include the transfer of assets. Despite the small business credit company loans, information collection according to the accounting of financial enterprises. However, banks are not regarded as the financial institution, and therefore can not and the transfer of credit assets business. "These are in exploration, one step at a time." Du Gang said.

   Trying to support small loan company at the same time, regulation does not relax. Luo Guang introduction, the next step will be to regulate market behavior of small loan companies. From the environment perspective, the recent rise of illegal fund-raising behavior. "Small loan company is strictly prohibited illegal fund-raising and absorption of deposits in a disguised form, this is a high-voltage lines, don't touch. As long as the small loan companies to participate in, once discovered, immediately shut down." Luo Guang said.

   In addition, Du Gang said, should be wary of small loan company loan sharks, exceeded 4 times the benchmark interest rate of the red line, and the company personnel and business gang.