Otherwise, banks cannot get back the principal once such enterprises go broken. This is the reason why, among so many SMBs in China, only 1.35 million SMBs can secure bank loans as legal persons. Then why are there so many self-employed businesses that have been granted operating loans?
Mario Draghi: The Turner Review rollout Remarks by Mr Mario Draghi, Governor of the Bank of Italy and Chairman of the Financial Stability Board (previously Financial Stability Forum (FSF)), at the Turner Review Conference, Financial Services Authority (FSA), London, 27 March 2009. *  *  *  The past eighteen months of crisis have been a learning experience for all of us.