Summary of the work of the financing guarantee company
Financing guarantee refers to the principal and interest repayment guarantee provided by the guarantor for the insured to finance the beneficiary. The following is my summary of the work of financing guarantee companies, and you are welcome to refer to it.
Fan Wenyi: Summary of the Work of Integrity Financing Guarantee Company
In 21xx, with the care and support of the county party committee and the county government, and under the direct leadership and guidance of the county SASAC, the company adhered to the business principle of being honest and trustworthy and controlling risks, actively and steadily carried out its work, gave full play to the leverage of financing guarantee, effectively solved and eased the difficulties in the production and operation of small and medium-sized enterprises and individual operators in our county, and strongly supported the development of small and medium-sized enterprises in our county.
1: Guarantee business and asset management
1. Guarantee business work
21xx Due to the national macroeconomic regulation and control, the company implemented a moderate and prudent monetary policy and compressed bank loans. In order to strengthen loan risk management and reduce the risk of financing guarantee, our company adopted a business strategy of reducing the amount of financing guarantee. In 21xx, the company has accumulated 132 guarantees, with a guarantee amount of RMB 169.16 million (including 48 households with 112 guarantees for small and medium-sized enterprises, with a guarantee amount of RMB 158.16 million). At the end of the year, the balance of liability under insurance was RMB 189.8 million, including 48 enterprises with a guarantee balance of RMB 178.7 million, 31 individuals with a guarantee balance of RMB 11 million.
3. Guarantee compensation and recovery work
In 21xx, the company accumulated 27 guarantee compensations, amounting to RMB 15.44 million, of which, the performance guarantee compensation and loan guarantee compensation for the Yinfeng International Center project provided by Huaxiang Group (Wen Yingxiang) was more than RMB 9.6 million.
15 cases were prosecuted by the court, amounting to more than RMB 12 million, and more than RMB 1.89 million was recovered through court execution and mediation. Among them, the compensation for performance guarantee and loan guarantee of Yinfeng International Center project provided by Huaxiang Group (Wen Yingxiang) is in the process of implementation.
3. Asset management:
At the end of 21xx, the total assets of the company were 67.12 million yuan, an increase of 17.12 million yuan or 34% compared with the total invested state-owned capital of 51 million yuan. Total liabilities are RMB 13.55 million (including: accumulated guarantee compensation reserve of RMB 3.54 million, accumulated unearned liability reserve of RMB 5.26 million and guarantee deposit of RMB 4.24 million), and owners' equity is RMB 53.47 million (including paid-in capital of RMB 51 million, capital reserve of RMB 3.2 million, general risk reserve of RMB 1.61 million, surplus reserve of RMB 71,111 and undistributed profit of RMB 41,111). In 21xx, the company realized a premium income of 1.73 million yuan and a net profit of 1.21 million yuan.
Second, the main work:
1. Strive to expand the guarantee business and alleviate the financing difficulties of enterprises to the greatest extent
As a state-controlled policy guarantee company, we always take promoting the development of county economy, improving the credit of small and medium-sized enterprises, broadening the financing channels of small and medium-sized enterprises and promoting the reform and development of small and medium-sized enterprises as our primary tasks. However, due to their late start, small capital, weak anti-risk ability, few high-quality assets available for counter-guarantee, and their own imperfect financial system, irregular financial management and lack of credit records in banks, it is difficult for them to obtain loans from banks. In order to solve these problems, the company takes financial verification, on-site investigation, peripheral investigation and other measures to learn more about the enterprise situation, flexibly implement counter-guarantee measures, and do everything possible to facilitate their communication with the banking department. Through our unremitting efforts, most enterprises with good development prospects and excellent comprehensive benefits have successfully obtained secured loans, solved the problem of financial shortage in their development, promoted the rapid and healthy development of these enterprises and achieved good social benefits.
2. Adopt flexible and diverse counter-guarantee measures to serve the development of the enterprise
At present, the counter-guarantee measures adopted by our company are as follows: first, the actual controller and main operator of the enterprise guarantee unlimited liability; The second is the mortgage of land use rights, real estate, machinery and equipment; Third, the letter of commitment, judicial justice, etc., on the one hand, support the development of enterprises, on the other hand, control the company's own risks. Through the above guarantee measures, more than 51 enterprises and more than 31 individual industrial and commercial households in our county are guaranteed loans, and the financial difficulties of enterprises are alleviated, ensuring the normal production of small and medium-sized enterprises in our county.
3. Constantly standardize management and effectively control the guarantee risk
Since this year, the company has further strengthened the risk management of the guarantee business. First, it has re-formulated the operation methods of the guarantee business according to the specific problems of the current guarantee business, expanded the service scope for small and medium-sized enterprises, and enhanced the practical operability of the guarantee business. Second, the guarantee review system has been improved, and the guarantee review committee has been established, which effectively controls the occurrence of guarantee risks from the source. Third, for the long-term standardized development of the guarantee business in our county, the company has been filed with the Provincial Small and Medium Enterprises Bureau and incorporated into the unified supervision of the provincial guarantee industry management department.
Third, the existing problems
1. The registered capital is relatively small
With the continuous development of the scale of small and medium-sized enterprises in our county, the demand for funds has exceeded, and the financial department can only issue secured loans to single-family loan enterprises according to 11% of the registered capital of the guarantee company. Therefore, according to the current registered capital of our company of 51 million yuan, a single loan can only reach 5 million yuan, which is far from meeting the capital needs of medium-sized enterprises in our county.
2. The charge ratio of guarantee business is low
According to the national regulations, the charge ratio of guarantee business should not be higher than 51% of the bank loan interest rate. Because our company is a policy guarantee company and does not aim at profit, our current charge ratio is only 1, 2%-1, 8%, and our profitability is not strong.
3. Risks in secured loan business
In 21xx, in order to support the construction of Yinfeng International Business Center in our county, our company provided performance payment and loan guarantee for the project to Huaxiang Group Company through government coordination. Up to now, our company has compensated Yinfeng International Business Center (Huaxiang Group Company) for performance guarantee and loan guarantee totaling more than 9 million yuan. Mianyang Xinhua Construction Co., Ltd. has asked our company to assume the guarantee responsibility through judicial procedures, and sealed up and frozen the account opened by our company in the bank through legal means. Although our company temporarily unfrozen the bank account through coordination with the current court, the guarantor's ability to fulfill the debt responsibility is weak at present, and the company's guarantee responsibility still exists.
IV. Plans and suggestions for the next step
1. Request the government to allocate 51 million yuan to expand the registered capital of the company and strive to reach 111 million yuan in 21xx to further support the development of small and medium-sized enterprises in our county.
2. increase the proportion of guarantee fees
it is suggested to increase the proportion of guarantee fees to 2%-3%, and evaluate the credit rating of the companies insured, and implement preferential guarantee policies for honest and trustworthy SMEs.
in accordance with the operating principle of "benefits are shared and risks are borne", efforts are made to establish a fair and reasonable cooperative relationship. Strengthen business communication. In recommending customers to each other and participating in project inspection, * * * will prevent and control risks, effectively solve the financing problem of enterprises, promote the credit upgrade of enterprises and promote the construction of credit system in our county.
3. Actively collect bad secured loans
Strengthen contact with banks and courts, actively collect overdue secured loans through various means and measures, and strive to minimize compensation losses. Fan wener: annual work summary
xx year of modern agricultural financing guarantee co., ltd is the third year when the subprime mortgage crisis broke out in the global financial industry, and it is also the first year of the 12th five-year plan. Driven by the strong leadership of the central, provincial and municipal party committees and governments and a series of economic stimulus measures, the economy of our city has overcome the adverse effects brought by the financial crisis and maintained a strong growth momentum. While affirming the achievements of the Eleventh Five-Year Plan, the municipal government has determined three linkage policies of the Twelfth Five-Year Plan: "big traffic, big industry and big city". In this regard, financial institutions and various financing platforms, including guarantee companies, will closely focus on the overall planning of the government, increase financial support, and ensure the smooth implementation of the city's "Twelfth Five-Year Plan".
in xx years, under the direct leadership of the Municipal Economic Commission and the guidance of the Municipal Finance Office, all employees of the company worked with one heart and one mind to forge ahead, and achieved excellent results in the first year, and the financing guarantee amount exceeded 411 million yuan for the whole year; With the approval of the municipal party Committee and the government, the company successfully merged with superstar animal husbandry financing guarantee Co., Ltd. in April this year, and the registered capital increased from RMB 1 billion to RMB 1 billion. The accumulated risk reserve reached 12.5 million yuan, and the company's total assets exceeded 1.4 billion yuan, an increase of 41% over the same period of last year; After unremitting efforts, the company's credit rating was upgraded from aa- to aa+, which is an important symbol of the company's overall quality and core competitiveness. The development of the company and the growth of business volume play an active role in promoting the rural economic development of our city.
Summary of XX year:
1. The total amount of financing guarantee exceeded 411 million yuan, and the work target set by the board of directors at the beginning of the year was achieved
By the end of February of next year, the company had provided 115 financing guarantees for various enterprises and individual operators in our city, amounting to 414 million yuan, which was 114% of the annual target of 411 million yuan.
Statistics of guarantee financing in various districts and counties of Modern Agriculture Financing Guarantee Co., Ltd. from October to February (omitted)
II. The company successfully merged with superstar guarantee company, and its capital strength continued to grow
In April of last year, with the approval of the municipal party committee and the government, the company successfully merged with superstar animal husbandry financing guarantee co., Ltd., and its registered capital increased to RMB 1 billion, which laid a foundation for ensuring the realization of the objectives of the Twelfth Five-Year Plan and the company's own development.
3. Continue to maintain and improve the comprehensive quality and core competitiveness of the company
Since its establishment, our company has absorbed the management experience of the parent company, the SME Financing Guarantee Co., Ltd., continued the institutional system of the parent company, and introduced management measures for the five institutional systems of operation mechanism, business process, risk control, administration and human resources in combination with its own characteristics, and has continuously optimized and improved it in its work, always insisting on ideological and moral education for employees. Thanks to the unremitting efforts of all employees, it was upgraded to aa+ credit rating by Dahua Guoxin Credit Management Company in February this year, and the credit rating jumped by two levels, which is an important symbol of the company's overall comprehensive quality and core competitiveness, and laid a solid foundation for the company's future sustainable development.
iv. strengthening cooperation with financial institutions
in xx years, the company closely focused on the bank cooperation policy of "casting nets in an all-round way and focusing on fishing" determined at the beginning of the year, and successively submitted credit information to 14 financial institutions and 11 credit cooperatives, including China Development Bank, Shenzhen Development Bank, China CITIC Bank, Chongqing Bank and Industrial Bank, and to 5 banks and 7 districts and counties, including commercial banks, Jiazhou Minfu Village Bank and China Merchants Bank. In 2118, five financial institutions granted financing guarantee credits to our company, amounting to RMB511 million to RMB811 million (credit cooperative cooperation is not required). With the continuous strengthening of the company's capital strength and the improvement of its credit rating, various financial institutions have successively increased the magnification of the company's guarantee fund. Except for one, it is 8 times, the other magnifications can reach 11 times, and the magnification of low-risk business of three financial institutions can reach 21 times, which greatly improves the company's capital utilization rate and financing guarantee ability.
working characteristics in xx:
1. around the strategy of integrating the guarantee market and strengthening the agricultural credit guarantee system, the company successfully merged superstar animal husbandry financing guarantee co., ltd.
The company put forward the strategy of re-integrating the agricultural guarantee system in the city, optimizing the allocation of resources and strengthening the agricultural credit guarantee system. Through various efforts, in April this year, the company successfully merged with superstar animal husbandry financing guarantee co., ltd. After the merger, the registered capital of the agricultural guarantee company increased from 1 billion yuan to 1 billion yuan, and at the same time, it absorbed and merged the excellent staff of the original superstar guarantee company. This merger not only enhances the company's capital strength, but also improves the overall quality of the whole team, which is conducive to the company's better provision of guarantee services and financial support for the city's agricultural development.
Second, innovate ideas and actively support enterprise acquisition and reorganization
Jingyan Shuxiu Textile Company is a small private textile enterprise, and its parent company secured a loan of 3 million yuan to solve the urgent need of insufficient liquidity. Due to the conservative thinking of the owners, backward management and poor operating efficiency, the development of the enterprise is not ideal. This year, the company learned that Sichuan Kangyin Textile Company intends to acquire Shuxiu Company, and realized that this is a good opportunity to help enterprises out of the predicament, and immediately made a positive gesture and expressed strong support. At the critical moment of the acquisition, the secured loan of RMB 11 million not only contributed to the acquisition, but also solved the capital demand after the expansion of the enterprise in time.
Sichuan Xiangguang Agricultural Science and Technology Co., Ltd. is an agriculture-related enterprise that grows and processes yew strongly supported by its parent company. Although the company has the advantage of planting yew, the processing advantage is not obvious, especially after the completion of the processing plant, it has been unable to produce products and its sales performance is zero. In view of this situation, our company offered to introduce strategic investors, which could not only solve the capital problem, but also introduce advanced technology and management system, which the company said could be considered.
Third, continue to increase support for agriculture, rural areas and farmers
According to the requirements of the municipal government to pay more attention to agriculture, rural areas and farmers, the company will focus its business on rural areas, better serve the rural economy, strive to break through the "bottleneck" of agricultural development funds and promote the development of modern agricultural industrialization in our city. A large number of agricultural industrialized production enterprises, such as Hargo Group, Guorong Company and Wuwang Company, have been strongly supported by the company, solved the financial difficulties, and gradually become the leading enterprises and pillar industries in all districts and counties.
IV. Reaching a Strategic Cooperation Relationship with the Municipal Commercial Bank
In order to better promote the cooperation between banks and enterprises, give play to the role of a bridge of guarantee companies and maximize the use of existing resources, the company reached a Strategic Cooperation Agreement with the Municipal Commercial Bank in September, 2118. The agreement has established the cooperative partnership between the guarantee company and the commercial bank, which indicates that the cooperation between the company and the commercial bank has reached a new level, which has better guaranteed the safety of funds and raised the risk prevention and control measures to a new level. Our company and commercial banks will join hands to contribute to the development of financing market. Fan Wensan: Summary of the Half-year Work of SME Financing Guarantee Company
In 21xx, the company conscientiously implemented the proactive fiscal policy and prudent monetary policy implemented by the state, focused on the goal of "three struggles, two constructions and one leap" put forward by the municipal party committee and the municipal government, and in line with the working idea of "basing on stability, striving for Excellence in stability", actively adapted to the new changes in the economic and financial situation, complied with the financing guarantee needs of enterprises, and actively practiced the "three major actions" to promote SMEs.