“Loan Based on Deposits” and the Credit Constraints of Small and Medium-sized Enterprises:A Case Study of Shandong Province
研究了“存贷挂钩”模式如何成为中小企业信贷约束的系统性障碍，发现中小银行存贷比处于硬约束区间，抑制了信贷能力，建议取消存贷比限制。
Loan based on deposits mode is a systematic obstacle of credit constraints of small and mediumsized enterprises(SME).The model separates the monetary and credit market,and enhances directionally the liquidity constraints of main lending body to SME.Further empirical research demonstrates that the loan-todeposits ratio of small and medium-sized banks(SMB) is in hard constraint interval currently,and does not exist an optimal proportion.This situation makes an obvious inhibition to the credit capacity of SMB.Improving the credit capacity to SME needs to cancel the loan-to-deposits ratio restriction.