监管对小微贷款“量价”提要求！银行实际放贷力度和利率如何

Core Viewpoint - The National Financial Supervision Administration has issued a notice outlining the goals for financial services to small and micro enterprises by 2025, focusing on maintaining loan volume, improving quality, stabilizing prices, and optimizing structure [1] Group 1: Loan Volume - The goal is to ensure that the growth rate of inclusive small and micro enterprise loans is not lower than the overall loan growth rate [2] - As of the end of Q4 2024, the balance of RMB inclusive small and micro loans reached 32.93 trillion yuan, a year-on-year increase of 14.6%, outpacing overall loan growth by 7 percentage points [2] - By the end of Q1 this year, the balance of inclusive small and micro enterprise loans was 35.3 trillion yuan, with a year-on-year growth of 12.5% [2] Group 2: Loan Quality - The notice emphasizes the need for improved risk management and monitoring of small and micro enterprise loans [4] - Some banks have reported an increase in the non-performing loan (NPL) ratio for small and micro enterprise loans, with China Communications Bank reporting an NPL ratio of 0.98%, up 0.28 percentage points from the previous year [4] - Postal Savings Bank reported a small enterprise loan NPL ratio of 1.38%, an increase of 0.33 percentage points year-on-year [4] Group 3: Price Stability - The notice requires banks to manage loan pricing effectively, ensuring that the average interest rates for inclusive small and micro enterprise loans are reasonable [6] - For instance, China Communications Bank reported an average interest rate of 3.23% for inclusive small and micro enterprise loans, a decrease of 20 basis points year-on-year [7] - The average interest rate for new inclusive small and micro enterprise loans across the country was 4.03% in the first two months of 2025, down 0.33 percentage points from 2024 [7] Group 4: Structural Optimization - The notice calls for banks to enhance their focus on first-time borrowers and improve the renewal process for loans [8] - As of the end of Q1, the balance of renewed loans reached 7.4 trillion yuan, reflecting a year-on-year growth of 35.7% [9] - The government work report emphasizes the implementation of a no-principal renewal policy to help maintain cash flow for enterprises [9]