On the one hand, the restrictions on the number of shareholders of microfinance companies should be relaxed, because shareholder contribution is one of the most important sources of funds for microfinance companies. At the same time, in the process of continuous operation, small loan companies should be allowed to increase capital and shares regularly. On the other hand, in view of the nature of small loan companies, they should be allowed to enter the interbank lending market and raise funds through the interbank lending network; Or allow it to issue large bonds to non-natural persons to expand the source of funds and use capital leverage to improve profitability. Second, increase policy support for microfinance companies.
At present, the business tax and income tax of microfinance companies are the same as those of ordinary enterprises. If we can get preferential tax policies, the loan interest rate of small loan companies to farmers and small businesses can be appropriately reduced. It is suggested that small loan companies adopt tax relief policies, which can refer to the relevant policies of the state on agricultural financial institutions such as rural credit cooperatives and give appropriate support in tax relief to reduce their operating costs and improve their profitability. In terms of subsidies, it is suggested that the financial subsidies and risk compensation policies for rural, rural and small enterprises loans issued by the state and local governments for rural banks, rural credit cooperatives and other financial institutions be extended to microfinance companies so that they can enjoy the same treatment. Third, build an information platform for microfinance companies.
The People's Bank of China should connect small loan companies to the People's Bank's credit information system and establish a standardized credit evaluation mechanism. On the one hand, it can reduce the credit cost of small loan companies to customers and facilitate small loan companies to provide financial services to SMEs more conveniently; On the other hand, it provides a symmetrical platform for microfinance companies to obtain borrower information, which is convenient for them to know the changes of borrower information in time and take timely measures to reduce loan risks. Fourth, establish a scientific and effective credit risk prevention and control mechanism.
First, establish and improve the internal management system, and build a set of standardized processes for loan application review, credit evaluation and loan issuance. The second is to strengthen the research on financial policies and markets, grasp the policy trends and market pulse in time, and try to predict and prevent possible external risks in advance. The third is to strengthen the construction of incentive and restraint mechanism and the shaping of corporate culture, pay attention to cultivating employees' legal awareness and management ability, and minimize moral and business risks. Fifth, clarify the development prospects of microfinance companies.
The operating nature of only lending without saving makes the sustainable development of microfinance companies have a natural disadvantage. Transforming into a village bank should be the future development direction of microfinance companies. Judging from the current situation, the management should make it clear that microfinance companies are special enterprises engaged in credit business, and can enjoy preferential policies of formal financial institutions in credit and operation, and appropriately reduce the restrictions on their transformation into village banks, promote their development, and gradually move closer to village banks. At the same time, it is necessary to reasonably guide the expectations of small loan companies, so that they can correctly handle the relationship between interest expectations and the current system design, encourage them to adhere to differentiated business strategies, and assume the role of promoters of the evolution of rural financial market rules and credit supplementation to prevent alienation in their operations. Sixth, strengthen the awareness and mechanism of risk control for the sustainable development of microfinance companies.
In order to ensure the sustainability of business, small loan companies must strengthen their awareness of risk prevention and establish an internal risk control system suitable for their own operations. On the one hand, we should gradually establish a reasonable authorization system, a scientific business restriction and supervision system, and a standardized post management system. Through reasonable authorization, employees are required to bear corresponding responsibilities and risks within their authority, so as to put an end to relationship loans and human loans and reduce the bad debt rate; On the other hand, it is necessary to establish a perfect and effective risk compensation mechanism. For the expected loss, different risk adjustment rates can be stipulated for different credit grades according to the risk cost calculation method, so as to compensate by charging risk fees when pricing loans. For unexpected losses, you can use your own capital or withdraw reserves to compensate, and you can establish an internal risk compensation mechanism. Seventh, strengthen the internal motivation of the sustainable development of microfinance companies.
Small loan companies must increase revenue and reduce expenditure, and improve their operating ability.