垄断型信贷市场融资担保问题分析——以民营中小企业融资为例

Collaterals in Monopolistic Credit Market:an Example From Private SMEs

民营中小企业在转型经济条件下的垄断型信贷市场中很容易受到信贷歧视,商业银行对此类企业的“惜贷”乃至拒贷不仅反映出非公有制经济主体差强人意的融资地位,而且从一个侧面折射出计划金融体制对于商业银行市场化改革的种种束缚作用以及在金融改革滞后的情况下商业银行信贷行为的严重不合理性。本文试图通过建立一个垄断型信贷市场融资担保模型来分析市场垄断和利率管制对民营中小企业融资的不利影响,担保对于缓解民营中小企业融资难问题所能发挥的积极作用,以此说明改革我国金融体制、开放信贷市场和实行利率自由化的必要性。

Private SMEs is a new and developing active economic force in the transitional process from planned economy to market economy in China,but it is often treated unfairly or even biased against in getting loans in a monopolistic credit market. The phenomenon that commercial banks 'spare'or even refuse to lend money to private SMEs is a reflection of the inferior financial position of non-public-economy, on the other hand, it also shows that the marketization reform of the commercial banks has been severely restrained with the planned financial system, and the backwardness of financial reform leads to a lot of unreasonable credit actions. In this paper, under a series of hypotheses,we set up a financial and collateral model, it shows that private SMEs have been adversely affected because of market monopoly and interest rate regulation, secured loans which comes from private collateral or the third-part benefit private SMEs as well as commercial banks.