Shandong Bank of China: Singing the new era of ecological protection and high-quality development of the Yellow River Basin

The Yellow River sets in the sky and walks to the East China Sea, and thousands of miles are written in the bosom. Since the Eighteenth National Congress of the Communist Party of China, General Secretary Xi Jinping has made in-depth field visits along the Huang Province and Region for many times, pointing out the direction for the protection and governance of the Yellow River in the new era and the transformation and development of the provinces and regions in the river basin. Shandong Province is the last province through which the Yellow River flows before entering the sea, and the 628-kilometer river channel in the territory has nourished 54 million Residents of the Yellow River in 9 cities and 25 counties (cities, districts).

The ecological protection and high-quality development of the Yellow River Basin are inseparable from the strong support of finance.

In recent years, THE BANK OF SHANDONG has focused on the national strategy of ecological protection and high-quality development of the Yellow River Basin, focusing on eight major finances such as green finance, science and technology finance, county finance, and supply chain finance, focusing on ecological protection and environmental governance in the Yellow River Basin, building a modern industrial system with unique advantages, building a new pattern of regional urban and rural development, strengthening infrastructure interconnection, and making up for the shortcomings and weaknesses of people's livelihood. In the promotion of ecological protection and high-quality development of the Yellow River Basin, it is in the forefront." In 2021, the Bank of China in Shandong has invested more than 50 billion yuan in loans for 527 key projects, and the growth rate of key project loans in the Yellow River Basin during the year reached 112%.

Develop green finance to help ecological protection and green transformation

Bank of China in Shandong attaches great importance to the development of green finance, focuses on the ecological and environmental protection of the Yellow River Basin, specially sets up a green finance management committee, fully uses the PBOC's carbon emission reduction support tool policy to promote the development of green credit, supports key enterprises and fields, formulates differentiated credit granting strategies and asset portfolio management plans, accelerates the high-quality development of green finance, and the growth rate of green credit during the year reached 59.9%, far exceeding the growth rate of public loans of the whole bank.

All along, Bank of China has actively responded to the call of national policies, practiced the concept of green development, and enriched the green financial product system. Previously, Bank of China issued the first batch of carbon neutral bonds in the interbank market and launched the first carbon neutral securitization product in China. Shandong Bank of China strives to provide diversified green financial services, implements list-based management of bond-issuing enterprises in the province, establishes a communication mechanism between green certification bodies and enterprises, guides customers to carry out preparations for green bond issuance, opens up green channels for green bond projects, and actively strives for investment support from investment resources within the group, landing the first green overseas bonds in the province and the first carbon neutral bonds of inland and municipal enterprises in the province, investing more than 15 billion yuan in bonds issued by urban enterprises in the Yellow River Basin; continuously optimizing the industry and customer structure. Rational allocation of resources to give priority to supporting the development of green industries; at the same time, the implementation of quota control for some brown industries to help traditional industries clean, energy-saving transformation and transformation and upgrading. By the end of 2021, the balance of Shandong BOC's loans to the public brown industry was compressed by 4.33 percentage points.

Practice inclusive finance and support the development of characteristic advantageous industries

Inclusive finance empowers the development of characteristic industries, and financial living water helps rural revitalization. Shandong BOC focuses on public-to-private, online and offline two-wheel drive, and adheres to the batch online road. Offline with the "100 fields and 1000 households" special bank-enterprise docking activities as the starting point, with "specialized and special new" as a breakthrough, effectively improve the timeliness and success rate of credit granting business; encourage institutions within the jurisdiction to actively develop county-specific products according to local conditions, such as Linyi's "Yimeng Loan", Weihai's "Sea Area Use Right" mortgage, Zaozhuang "Xinglin Tongbao" township hospital financing plan, to provide special products and services. Online through the "Bank of China E Loan" series of products, through credit products to solve the problem of insufficient collateral for rural customers, through the "e-enterprise win" comprehensive service platform to set up Shandong Special Zone and "Lu Trade Loan" special products, to promote cross-border matching platform characteristics of agricultural assistance services; increase support for agriculture-related loans, and jointly issue the "Notice on Several Measures for the Integration of Fiscal and Financial Policies to Support the Pilot of the Rural Revitalization Strategic System" with the Department of Finance, strengthen financial support in 14 pilot counties, and the cumulative investment of agriculture-related loans in pilot counties has exceeded 10 billion. At the end of 2021, shandong BOC regulatory inclusive loans increased by more than 11 billion yuan compared with the beginning of the year, and the growth rate was 6.91 percentage points higher than the average growth rate of the four major banks.

Promote county finance and serve the new pattern of urban and rural development

In recent years, BANK OF SHANDONG has continued to improve its county financial service capabilities, continuously optimized the institutional layout, improved the coverage rate of county outlets, set up 175 business institutions in counties in Shandong Province, built 35 outlets with inclusive financial characteristics, and continuously enhanced its ability to serve county finance in terms of outlets and service channels; strengthened innovation, improved the agricultural assistance system, innovated and developed BOC E Nongtong, and created a full-process service model; deepened the construction of the "five specialties" mechanism and created the development requirements of "franchised departments + professional branches". All 16 prefectural and municipal branches have set up independent inclusive financial divisions, while selecting 42 sub-branches to set up key branches, sinking the service tentacles of small and micro enterprises and improving the coverage of financial services; serving the construction of new urbanization, actively docking the projects in the list of projects that undertake pilot tasks for the transformation of old urban communities in Shandong Province in 2021, and realizing the loan investment of 500 million yuan in old residential areas; and innovating service models according to the financing needs of relevant land indicators in comprehensive land treatment projects such as supporting "rural revitalization" and "relocation of residents in the Yellow River Beach Area". In view of the three links of land index production, circulation and use, new products such as rural revitalization reclamation loans and land index transaction adjustment loans were launched, which strongly supported the comprehensive land treatment projects of many prefectures and cities in the province, and achieved a loan investment of 1.3 billion yuan at the end of the year.

Strengthen infrastructure financing support and support the completion of people's livelihood shortcomings and weaknesses

Bank of China in Shandong fully docked with shandong province's "14th Five-Year Plan" construction plan for a strong transportation province, actively followed up the construction progress of key transportation projects such as highways, railways, ports and airports, increased financial support for key construction projects such as high-speed rail and high-speed by reducing loan interest rates and improving delivery efficiency, and accumulated more than 15 billion yuan in loans for the transportation infrastructure industry; to help improve the rural living environment, and to increase credit in rural infrastructure fields such as "roads, electricity, water, gas, houses, telecommunications, and toilets". The balance of loans exceeded 1.5 billion yuan; strengthened financial services to the countryside, built 960 withdrawal service points to help farmers, and provided 740,000 POS transaction services for agricultural customers in the province. On November 2, 2021, Bank of China and the Jinan Municipal Government signed a strategic cooperation agreement in Beijing to further deepen cooperation in the fields of ecological protection and high-quality development of the Yellow River Basin, construction of new and old kinetic energy conversion start-up areas, modern industrial system, urban construction, and high-level opening up.

Serving the ecological protection and high-quality development of the Yellow River Basin is a concrete embodiment of banking China's implementation of the national strategy and the social responsibility of state-owned banks. In the future, Shandong Bank of China will continue to increase credit investment around the key areas of the Yellow River Basin, and will serve the ecological protection and high-quality development of the Yellow River Basin, combined with the service of rural revitalization, high-quality development of strategic emerging industries and manufacturing industries, support for county finance, green finance, science and technology finance, inclusive financial development, etc., firmly serve the sense of responsibility, mission and urgency of ecological protection and high-quality development of the Yellow River Basin, take the initiative to play the responsibility of state-owned banks, and play the "Endeavor Song" of ecological protection and high-quality development of the Yellow River Basin ”。