Financial support for small and micro enterprises has been further strengthened. On June165438+1October 14, the People's Bank of China and other six departments jointly issued the Notice on Further Strengthening Support for Small and Micro Enterprises' Loan Delay in Debt Service (hereinafter referred to as the Notice). For small and micro enterprise loans (including loans operated by individual industrial and commercial households and small and micro enterprise owners) that expire in the fourth quarter of 2022 and are temporarily in trouble due to the COVID-19 epidemic, in principle, the repayment date can be the longest. The deferred loan bears interest normally, without penalty.

Financial support for small and micro policies has been further increased.

The Notice makes it clear that all banking financial institutions should adhere to substantive risk judgment, adjust the credit management system in a timely manner, and should not downgrade the loan risk classification simply because of epidemic factors, without affecting credit records, and improve the relevant due diligence exemption regulations for loan repayment.

The notice requires that banking financial institutions should innovate deferred loan products and services, strengthen financial technology empowerment, meet the deferred demand of enterprises in advance, and provide differentiated loan extension methods, online extension products and online processing channels for loans. On the premise of effectively preventing and controlling risks, the loan extension application that lacks some materials can be "leniently handled" and filled afterwards.

Wang Qing, chief macro analyst of Oriental Jincheng, believes that this means that the financial support policy for small and micro enterprises is further overweight. In the fourth quarter, due to the disturbance of epidemic situation, some small and micro enterprises and individual industrial and commercial households experienced increased operational difficulties. Therefore, around ensuring employment and steady growth, the policy is increasing targeted support for small and micro enterprises, with the focus on alleviating the liquidity pressure of these market players.

Dong Ximiao, chief researcher of Zhilian Finance, said that from the domestic and international situation, some industries and small and medium-sized enterprises are still in trouble. Therefore, it is necessary to fully estimate the difficulties in the next stage, strive to maintain the continuity, stability and sustainability of macro-policies, and take measures to increase the relief for market players, especially small and medium-sized enterprises, which will help stabilize the confidence of market players, form reasonable expectations for macro-policies, and stimulate the vitality and vitality of market players.

Increase support for entities.

This is the fifth time that the regulatory authorities have put forward the policy of delaying the repayment of principal and interest for SME loans.

On March 1 2020, five ministries and commissions jointly issued the policy of temporarily postponing repayment of principal and interest of loans for small and medium-sized enterprises, giving temporary arrangements for postponing repayment of principal and interest until June 30, 2020.

On June 1 2020, the central bank created two new monetary policy tools that directly connected with the real economy, and issued the Notice on Further Implementing the Phased Postponement of Debt Service of SME Loans. For the principal of Pratt & Whitney Small and Micro Loans due before the end of 2020 and the interest payable of Pratt & Whitney Small and Micro Loans existing before the end of 2020, the principal and interest shall be repaid for a certain period of time, and the longest period shall not exceed 202 1 3.

In April 20021year, the central bank and others decided to postpone the policy of repaying the principal and interest of inclusive loans until the end of February 20021year.

202 1 12, the central bank and others transformed the loan principal and interest extension support tool for small and micro enterprises into a small and micro loan support tool for small and micro enterprises. From 2022 to the end of June 2023, the People's Bank of China provided loans to small and micro enterprises and individual industrial and commercial households 1% issued by local corporate banks to encourage the increase of small and micro loans to small and micro enterprises.

The notice once again stressed that for small and micro enterprise loans due in the fourth quarter of 2022 and temporarily in trouble due to the epidemic, the repayment date of principal and interest can be extended to June 30, 2023 at the longest.

Since the implementation of the policy of delaying the repayment of principal and interest for small and micro enterprises, it has played an important role in alleviating the financing difficulties of small and micro enterprises and avoiding the break of the capital chain. While maintaining policy continuity and stability, it also gives small and micro enterprises a reassurance.

Wang Qing predicted that with the support of this policy, small and micro enterprise loans (inclusive finance caliber) will maintain a high growth momentum in the fourth quarter, and the year-on-year growth rate is expected to remain above 25.0% at the end of the year, which is slightly faster than the year-on-year growth rate of 24.6% at the end of the third quarter. This means that the balance of small and micro enterprise loans (inclusive finance caliber) will maintain a high growth level of more than 20% for four consecutive years, much higher than the year-on-year growth rate of various loan balances in the same period. This is also a concrete manifestation of financial support for the real economy.

Relieve the pressure of asset quality management in commercial banks

Earlier, the reporter learned from the heads of relevant departments of the China Banking Regulatory Commission that in the first nine months of 2022, banking financial institutions extended the repayment of principal and interest for 2146,200 small and medium-sized enterprises, individual industrial and commercial households and truck drivers, with an extension amount of 5 1 1 trillion yuan.

Previously, people from all walks of life were generally worried that the withdrawal of various measures to save the real economy may lead to an accelerated rise in credit risk.

In recent years, the pressure on the management of non-performing loans in commercial banks has increased significantly. Although the rate of non-performing loans has been declining, the number of non-performing assets written off is increasing, and the formation speed of non-performing loans is obviously accelerated.

At the end of the third quarter, the balance of non-performing loans of banking financial institutions was 3.8 trillion yuan, an increase of 203 billion yuan over the beginning of the year, and the non-performing loan ratio was 1.74%, a decrease of 0.06 percentage points over the beginning of the year. In the first three quarters, banking financial institutions disposed of non-performing assets of 21400 million yuan, an increase of192.9 billion yuan year-on-year.

In order to fully mobilize the enthusiasm of banking financial institutions, the notice also proposed that the People's Bank of China should comprehensively use a variety of monetary policy tools to maintain a reasonable and abundant liquidity in the banking system; Financial supervision departments should implement differentiated policies such as tolerance for non-performing loans of small and micro enterprises; Financial departments at all levels should fully consider the impact of the deferred debt repayment policy and give reasonable adjustment and evaluation when assessing the operating performance of state-controlled and joint-stock banking financial institutions in 2022. At the same time, government financing guarantee institutions are encouraged to extend the guarantee period for enterprises with loan extension needs and continue to provide credit support.

According to market analysis, the bail-out policy for small and micro enterprises not only helps to delay the financial burden of enterprises and stabilize their business expectations; At the same time, it will also help to alleviate the pressure of asset quality management of commercial banks in the short term.

Dong Ximiao suggested that the next step should be to seize the key opportunity in the fourth quarter, the financial management department should continue to implement the previous measures to support and serve the real economy, and the monetary policy should still be strengthened to further boost the effective financing needs of market players; Financial institutions should continue to improve assessment incentives and business processes, optimize the allocation of financial resources, increase efforts to help market players solve problems, and better meet the needs of the real economy, especially enterprises that are greatly affected by the epidemic.