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Microfinance Company Development in China
Gateway International Group Ltd, May 2012, Pages: 7
Microfinance Companies mainly provide small, scattered, and short-term funding for enterprises and individuals. Since the China Banking Regulatory Commission (CBRC) and the central bank issued Guidance on Microfinance Company Pilot in 2008, the microfinance industry has entered a period of rapid development in China. Microfinance companies, among so many micro-credit institutions, are growing to be an important component and backup in the domestic micro-credit market. This paper will provide an analysis of microfinance development problems and suggest directions for reform.
I. Major Operating Problems for Microfinance Companies
II. Measures to Promote the Development of Microfinance Companies
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