Preliminary Shanghai Headquarters Jin Penghui: Quickly improve the framework of government financing guarantee system

Preliminary Shanghai Headquarters Jin Penghui: Quickly improve the framework of government financing guarantee system

Preliminary Shanghai Headquarters Jin Penghui: Quickly improve the framework of government financing guarantee system
Under the epidemic situation, the financing of enterprises, especially SMEs, has attracted attention.How to further improve the corporate financing guarantee and risk compensation mechanism?Jin Penghui, member of the National Committee of the Chinese People’s Political Consultative Conference, deputy secretary of the Party Committee of the Shanghai Headquarters of the People’s Bank of China, deputy director and president of the Shanghai Branch, and director of the Shanghai Branch of the State Administration of Foreign Exchange suggested that the institutional framework of the government financing guarantee system should be improved as soon as possible.Jin Penghui said that the sovereignty, the Party Central Committee, and the State Council highly recognized the development of the guarantee industry, taking government financing guarantees as a key swap to support the financing development of small and micro enterprises. Local governments have also set up local government financing guarantee funds, government financing guaranteesThe role of supporting small and micro enterprises in financing is emerging.However, there are still some deficiencies in the government financing guarantee system in developing countries.“一是主业不够突出,为小微企业和‘三农’融资的政策性担保业务占比下降;二是担保能力不强,多数政府担保公司的放大倍数远低于政策规定;三是银Poor cooperation and risk compensation mechanisms are not perfect.Jin Penghui added that government financing guarantee institutions also have problems in performance appraisal that focus on capital preservation, appreciation and profitability, and the market-oriented operation level is not high.How to solve the problems in the above financing guarantee system?Jin Penghui announced three recommendations: first, to further clarify the role of government financing guarantee institutions.Government financing guarantee institutions focus on small and micro enterprises and the “Sannong” business.Provincial government financing guarantee funds adopt market-oriented operation.The second is to further improve the business model of government financing guarantee institutions.Cancel the profit requirements of government guarantee institutions and improve the due diligence exemption mechanism.The lower limit of the magnification of the guarantee business was clarified, and the credit guarantee role of the financing guarantee institution was brought into play.Reasonably set the split guarantee re-guarantee rate.Guide commercial banks to actively participate in bank-to-bank cooperation.Reduce the risk weight of loans for small and micro enterprises secured by government financing.The third is multi-channel supplementary funding sources.Central and local financial year capital injection.Integrate various types of financial support and reward and supplementary funds to enrich the guarantee fund.Encourage industry associations, enterprises and institutions to donate funds.The People’s Bank of China has provided various tools such as refinancing.Financial institutions are encouraged to participate in bank-to-bank cooperation.Sauna, Ye Wang Hou Runfang Editor Chen Li proofreading Li Xiangling