As a bridge between financial institutions and small and medium-sized enterprises, financing guarantee companies are an important force for Chinas financial stability and economic development. The emergence of it has ...As a bridge between financial institutions and small and medium-sized enterprises, financing guarantee companies are an important force for Chinas financial stability and economic development. The emergence of it has brought into play the intermediary function between banks and small and medium-sized enterprises. It helps enterprises to control the current credit cost by solving the problem of information asymmetry in the financing market. It not only provides a wider financing channel for small and medium-sized enterprises, but also significantly improves the financing difficulty of small and medium-sized enterprises, and at the same time, it also shares the risks for banks. It is necessary for the financing guarantee institutions to establish a reasonable risk control system according to the objective conditions, to improve the level of risk prevention, identification and control, to promote their own development and to provide effective guarantee for the steady development of small and medium-sized enterprises.展开更多
文摘As a bridge between financial institutions and small and medium-sized enterprises, financing guarantee companies are an important force for Chinas financial stability and economic development. The emergence of it has brought into play the intermediary function between banks and small and medium-sized enterprises. It helps enterprises to control the current credit cost by solving the problem of information asymmetry in the financing market. It not only provides a wider financing channel for small and medium-sized enterprises, but also significantly improves the financing difficulty of small and medium-sized enterprises, and at the same time, it also shares the risks for banks. It is necessary for the financing guarantee institutions to establish a reasonable risk control system according to the objective conditions, to improve the level of risk prevention, identification and control, to promote their own development and to provide effective guarantee for the steady development of small and medium-sized enterprises.
