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China's SME financing environment improving: Standard Chartered

信息编辑:新锐途电气 更新时间:2019-02-17 00:00:00 点击数:

(ECNS)--TheChinaSmallandMediumEnterpriseConfidenceIndexroseto54.7inNovemberfrom54.5inOctober,withthe"creditenvironmentindex"risingby2.3percentagepointsto52.8,indicatingthatChina'spoliciestosupportfinancingofsmallandmedium-sizedenterprise(SMEs)arebeginningtowork,accordingtoStandardCharteredBank.

TheindexisdesignedtoprovidecomprehensiveevaluationanddynamicobservationofthestatusanddevelopmentofChineseSMEsviathreesub-indexes,namelyperformance,expectationandcredit.

TheimprovementoftheSMEcreditenvironmentismainlyduetostrongpolicysupport,itsaid.

ThegovernmentintroducedmultiplemeasurestoencouragefinancingforSMEs,suchascallingforbankstoincreaselendingandreducethecostofloans.

InNovember,thebank'swillingnessindextolendtoSMEsrose3.7percentagepointsto54.4fromOctober,whilethecashsurplusindexandaccountsreceivableturnoverindexrose2.1percentagepointsand1.3percentagepointsrespectivelyfromOctober.

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