Banker: small loans big business

Micro companies are the lifeblood of financial industry, according to CGB

As large companies rely less and less on bank loans, and with smaller players borrowing more and more, a shift among banks toward financial services for small businesses has become apparent.

In a recent interview with China Daily, Dong Jianyue, chairman of China Guangfa Bank, said: "The days when banks could rely on a few big clients for rich profits are gone. Today, large companies are choosing to raise funds on capital and bond markets."