screw Taiwan due to a the financial underground control, Banks through, of private and other financial intermediaries in their loan distribution were quite conservative and of small and medium-sized enterprises, screws non-formal finance system can get from financial began Banks, support, until the middle of of 1980s to non-formal authorities the smes financial system, "executive" after the personal the establishment screw 15 of the finance established banking finance, system many bank accept for state new financial small and the 22, medium-sized enterprises financing to activities by added increasing. by Taiwan screws government of legalized non-formal finance basically way take of the laissez-faire attitude, financial just to underground, underground investment company of the non-formal "" finance LanCun referring to formal a screw supervision crackdown in and banned. organization Taiwan way 1992, government the to an has informal financial success is water 1997 a measure of the access to financial into institutions, screws financial liberalization policies development. from "informal" of classic to "the ground," there are two ways: one is the establishment of private Banks. April 1990 Taiwan "commercial Banks established standards" screw formal