Zhejiang Tailong Commercial Bank (TLB) (Chinese: 浙江泰隆商业银行), one of several SME financing service leading providers, is headquartered in Taizhou, Zhejiang Province, Eastern China. Since its inception, the bank has cumulatively provided over ¥150 billion (around $23 billion) loans with average loan size of ¥500,000 to its clientele, and over 90% of which are peasants-turned entrepreneurs. As its clientele often lacks the assets required by larger banks when applying for a loan, TLB grants and disburses loans secured through guarantors, which collateral form accounts for 99% of the total loans outstanding. In addition to that, the number of loan officers is almost half of the total staff, due to the labor intensive nature of SME lending business. By the end of December 2011, TLB had eight branches, two village and town banks and 50 sub-branches which are mainly spread out around the Yangtze River Delta region.
Read more about Zhejiang Tailong Commercial Bank: History, Business, SME Lending Methodology
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