Focus on five "big articles" Yongtuo Financial Services "New Blue Ocean"

-- Bank of Gansu contributes to the practice of Chinese-style modernization in Gansu with high-quality financial development

Finance is the lifeblood of the national economy and an important part of the country's core competitiveness. From the Central Financial Work Conference held at the end of October last year to "do a good job in science and technology finance, green finance, inclusive finance, pension finance, and digital finance", to the government work report in March this year, which proposed to "vigorously develop science and technology finance, green finance, inclusive finance, pension finance, and digital finance", from "doing a good job" to "vigorously developing", highlighting the importance of the five "big articles" for high-quality financial development and the construction of a financial power.

This year is a crucial year for the full implementation of the spirit of the 20th National Congress of the Communist Party of China, and it is also a year for the in-depth implementation of the 14th Five-Year Plan. Bank of Gansu has always firmly adhered to the market positioning of "serving the local economy, serving small and medium-sized enterprises, serving the development of the 'three rurals', and serving urban and rural residents", strengthened its mission, actively integrated into the overall economic development of Longyuan, and focused on the "five new tracks" of financial services, went all out to promote the high-quality development of finance, and helped write a new chapter in the practice of Chinese-style modernization in Gansu.

Innovation and excellence to create a strong magnetic field of science and technology finance

If science and technology are prosperous, the nation will be prosperous, and if science and technology are strong, the country will be strong. In recent years, Bank of Gansu has been closely following the province's strong science and technology actions, keeping up with the development trend of the industry, digging deep into the needs of technology-based enterprises, identifying the combination of technology and finance, constantly breaking through the bottleneck of financial technology development, and continuing to promote the development of financial scenarios, so that financial technology can become a powerful starting point for accelerating business expansion, improving management efficiency and enhancing competitive advantage, promoting the transformation of scientific and technological innovation variables into increments of high-quality development, and helping to make new breakthroughs in the construction of a strong province in science and technology.

Innovate service models and strengthen financing support. In order to solve the financing problems of science and technology enterprises, Bank of Gansu has continuously explored new models of science and technology financial services by developing characteristic credit products, setting up franchise institutions, and providing support for small and micro science and technology enterprises. In view of the characteristics of small collateral and high proportion of intangible assets of science and technology enterprises, Bank of Gansu took the lead in exploring the financing model based on intellectual property pledge, and successfully launched products such as "Huizhi Loan" and "Technology Loan". In addition, the bank also actively supports the construction of major projects such as industrial parks, science and technology innovation demonstration zones and strategic emerging industry projects, provides financial support for enterprises attracting investment and cultivating financial resources in the park, promotes the comprehensive development of the science and technology industry, and injects new vitality into the high-quality economic and social development of the province.

Set up a science and technology sub-branch to improve service level. In order to improve the service level of science and technology enterprises in an all-round way, Bank of Gansu has set up a science and technology sub-branch to carry out systematic planning, sub-project implementation and characteristic improvement from business themes, business processes, service concepts to product innovation. In order to further maintain close communication and cooperative relations with Lanzhou Baiyin National Independent Innovation Demonstration Zone, Lanbai Science and Technology Innovation and Reform Pilot Zone and other scientific and technological innovation industrial parks, as well as industrial groups such as the Provincial Science and Technology Investment Group, the science and technology sub-branch has set up a targeted financial service counter to ensure that the financial needs of science and technology enterprises are met in the first time and provide customers with convenient and efficient financial services. Up to now, the bank has issued nearly 30 billion yuan of loans to science and technology enterprises.

Reduce carbon emissions and increase greenery to build a demonstration bank of green finance

In recent years, Bank of Gansu has focused on the "dual carbon" goal, vigorously developed green finance, actively supported the construction of green projects such as high efficiency, energy conservation and environmental protection, clean production, new energy, and circular agriculture, gradually increased the proportion of green finance business, and boosted the construction of a national clean energy base in the province, embarking on a unique path of high-quality development of green finance.

The overall layout optimizes the management structure. A sound organizational structure is the foundation of business operations. In order to develop green finance, the head office of Bank of Gansu has set up a green finance department, formulated the "Measures for the Management of Funds Raised by Green Financial Bonds" and "Green Credit Policy" and other institutional measures, set annual targets, established a management system for the head office and branches, clarified responsibilities and authority, closely integrated green credit into daily work, and continuously improved the implementation standards. At the same time, the branch continuously optimizes the credit structure, with the corporate business department of the head office as the leading management department, organizes and manages all aspects of green credit, and relies on professional operation and vertical management to form a good linkage mechanism, which strongly supports the rapid development of green credit business. In addition, in accordance with the requirements of the special statistical work of green loans, Bank of Gansu continued to optimize the credit management system and realized the whole process identification and recording of green loan business. In order to help the development of green finance in Lanzhou New Area, Bank of Gansu set up a green branch in the Green Finance Reform Experimental Zone of Lanzhou New Area in November 2020 to provide professional financial services for the development of green industries in the new area.

Mechanism guarantee and improve the approval process. A strict and clear policy system is the guarantee of smooth financial access. Bank of Gansu strictly follows the relevant requirements of the Guiding Opinions on Building a Green Financial System issued by the People's Bank of China and seven ministries and commissions, and the Implementation Opinions on Building a Green Financial System issued by the General Office of the Provincial Government, actively implements the goal of "carbon peaking and carbon neutrality", establishes a working mechanism for green finance business innovation, and continuously optimizes industry credit policy guidelines. At the same time, the bank continued to strengthen the green finance assessment and incentive mechanism, included the green loan index in the annual KPI assessment, and issued a green loan target of 10 billion yuan in the past three years in accordance with the principle that the growth rate of green loans should not be lower than the growth rate of various loans, providing a strong mechanism guarantee for the development of green finance business.

Focus on industries and strengthen credit provision. Focusing on the development of the province's green industry, Bank of Gansu has continuously optimized the green finance credit structure, and actively supported the construction of the Hexi Corridor and the Longdongnan Regional New Energy Key Development Zone through project financing, participation in syndication, special bridging, and mobile supplementation, effectively contributing to the high-quality development of green and low-carbon industries in the province. At the same time, special financial support will be provided to industrial clusters that have made breakthroughs in key technologies of new energy and formed a complete industrial chain. According to the data, up to now, the balance of green loans of Bank of Gansu has reached 18.2 billion yuan.

Strengthen the foundation and strive to be the vanguard of inclusive finance

Inclusive finance is a direct embodiment of the political and people's nature of financial work. As a local legal person financial institution, Bank of Gansu adheres to the positioning of the main body of inclusive finance, actively fulfills the political responsibility of provincial state-owned banks, and regards serving special groups such as small and micro enterprises, individual industrial and commercial households, rural households and new agricultural business entities as an important way for finance to support the construction of a modern economic system and enhance the ability to serve the real economy.

Be a good service to small and micro "special forces". Small and strong, the entity is prosperous and the economy is stable. Bank of Gansu is pragmatic and responsible, takes the initiative, adheres to the principle of deepening the cultivation of small and micro enterprises, speeding up the process of small and micro enterprises, and innovating small and micro enterprises, conforms to the rapid growth trend of business entities, further sinks financial services to long-tail market entities such as individual industrial and commercial households and small and micro business owners, expands credit delivery, and injects new development momentum into small and micro business entities. According to statistics, since 2022, the balance of inclusive small and micro loans of Bank of Gansu has increased from 10.348 billion yuan to 12.443 billion yuan, and the number of customers has increased from 8,122 to 15,546. At the same time, in response to the problem of difficult and expensive financing for small and micro enterprises, Bank of Gansu has continuously accelerated the pace of digital transformation, accelerated the online, convenient and intelligent development of small and micro loan business through the diversified layout of online loans and credit loans, and promoted the transformation and upgrading of digital inclusiveness. In 2021, the bank launched the "small and micro e-loan" product. As an online credit loan product with active credit and intelligent decision-making, it has provided more than 6 billion yuan of credit support for more than 23,000 small and micro customers, greatly improving the service quality and efficiency of inclusive finance.

Do a good job of monitoring the return to poverty. Bank of Gansu regards the prevention of large-scale return to poverty as the top priority of inclusive financial work, and carries out timely financial assistance to those who have the ability to work and have financial needs to prevent poverty return, promote microcredit for poverty alleviation, and make up for the shortcomings of financial services for special groups and sparsely populated areas. Up to now, the balance of the bank's small loans for poverty alleviation has reached 24.637 million yuan. Focusing on the strategy of rural revitalization, Bank of Gansu has identified the "three major goals", put forward the "three focuses", implemented the "100 billion project" of agriculture-related loans, innovatively launched a series of rural revitalization products, and established a characteristic business model of "one county, one policy" and "one bank, one product". In addition, the bank has continuously strengthened financial support for employment and entrepreneurship for women, college graduates, returnees, new citizens and other groups. Up to now, the balance of entrepreneurial guarantee loans has reached 379 million yuan, and the balance of new citizen loans has reached 1.435 billion yuan.

Do a good job in the "combination punch" of tax reduction and fee reduction. Tax and fee reductions are important measures to stabilize enterprises and protect employment and support the development of business entities. In recent years, Bank of Gansu has thoroughly implemented the decisions and arrangements of the CPC Central Committee and the State Council on fee reduction and profit concessions, benefiting enterprises and the people, and under the help and guidance of the Gansu Provincial Taxation Bureau of the State Administration of Taxation, it has actively reduced the financing cost of enterprises while increasing credit delivery. Since the implementation of the policy, Bank of Gansu has reduced or refunded 26.238 million yuan of interest for 13,602 enterprises and individuals by using the phased interest reduction support tool for inclusive small and micro loans. In addition, the bank actively optimizes the pricing strategy of inclusive loans, scientifically and reasonably formulates interest rate adjustment plans, adjusts the price of existing high-interest rate products in batches, and optimizes the pricing strategy of small and micro strips, so as to ensure that the interest rate pricing of new small and micro loans is stable and decreasing, and further reduce the financing cost of small and micro enterprises.

Caring for the elderly and playing a good "first move" in pension finance

In recent years, Bank of Gansu has focused on diversified pension needs, continuously promoted practical innovation, continuously strengthened the guarantee of pension financial elements, actively cultivated potential industries, helped optimize the development environment of the "silver economy", and provided a steady stream of financial water to cope with the aging of the population and promote the healthy development of the pension system.

Adhere to long-term support and make up for the shortcomings of pension services. In order to provide stable and long-term financial support for the elderly, in view of the relatively weak financial knowledge and low risk tolerance of middle-aged and elderly customers, Bank of Gansu is based on the present and focuses on the long-term, constantly designs more reasonable and effective financial pension policies, develops pension financial products with long-term stable income, provides personalized pension services, attracts the attention and participation of elderly investors with stable income, and allows the "silver-haired people" to spend their old age in peace and effectively enhance their sense of gain, happiness and security.

Focus on the details of the service, and warmly guard the "sunset red". In order to help the "silver-haired" group cross the digital divide, Bank of Gansu has warmly developed and launched the "Elderly Edition" of mobile banking suitable for the elderly, continuously refining the overall process of age-appropriate services, and comprehensively improving the degree of financial services for the elderly. In view of the peak business hours, all business outlets of Bank of Gansu insist on flexible arrangement of personnel and flexible addition of elderly service windows to reduce customer business processing time. At the same time, by providing drinking hot water, book reading, etc., we have set up small stations and convenient service areas for the people to create financial services that are "suitable for the elderly and convenient for the elderly", and strive to improve the convenience level of financial services for the elderly. In addition, Bank of Gansu has also opened a green service channel, extended the service radius, and took the initiative to provide door-to-door services for elderly customers with reduced mobility, so as to solve their urgent needs and effectively open up the "last mile" of financial services.

Be vigilant against financial risks and guard the "money bag" of the pension. In order to enhance the awareness and identification ability of the elderly to prevent illegal fund-raising and financial fraud, and effectively help them keep their "money bags", Bank of Gansu took the initiative to send education to the elderly through activities such as "Financial Consumer Rights Protection Publicity Month", and explained the tips for preventing telecommunication fraud and popularizing the rights and interests of financial consumers to the elderly in easy-to-understand language.

Rongzhi Financing has embarked on a new path of digital finance

In recent years, Bank of Gansu has seized the opportunity of the development of the digital economy, vigorously promoted the construction of digital infrastructure such as information networks and big data platforms, accelerated the construction of smart banks with digital transformation, focused on improving the quality and efficiency of financial services for the real economy, enabled financial products and services to blossom in multiple places, continuously met the needs of economic and social development and people's financial services, and strived to write a new answer sheet for digital finance.

Build "new infrastructure" to empower new development. Digital financial infrastructure is an important cornerstone for the stable operation of financial business, and a key facility and strategic resource related to financial security, financial innovation, and financial vitality. In order to enhance the "soft" power of financial services, Bank of Gansu has aimed to upgrade the "hard" strength of its own financial technology level, and built a financial "new infrastructure" project around data governance projects and big data application systems. The bank has continuously improved the construction of the data platform, optimized the working mechanism, standardized the work process, strengthened the data storage and processing service capabilities, data management and control capabilities and data analysis capabilities, and continuously upgraded the information technology infrastructure represented by the "Zhenhai" big data platform, so as to realize data sharing and linkage, and press the "shortcut key" for digital transformation.

Relying on the "new position", expand new services. Through the innovation and application of financial technology, it provides users with "menu-style" and "all-weather" financial services, and effectively improves the availability and convenience of the people's diversified financial needs, which is the starting point for the development of digital finance of Bank of Gansu. To this end, Bank of Gansu has built an "online second bank", built an online business territory covering several major sectors, including e-banking, SMS platform, payment platform, e-commerce platform, and scenario platform, completed the full coverage of smart machines in all business outlets, and improved intensive operation and risk control capabilities. Relying on the e-commerce service platform of "scientific and technological innovation + scenario service", the bank has extensively integrated social resources, actively linked external traffic platforms, completed the construction of 48 county-level characteristic pavilions, and organized special activities to enhance the popularity of agricultural and sideline products and broaden sales channels.

It is worth mentioning that Bank of Gansu has realized the transfer of offline products to online through mobile banking version 6.0, and has completed the construction of an online service platform integrating payment, wealth management, shopping mall and other functions. Up to now, Bank of Gansu has signed up to 3.952 million mobile banking customers.

Block new risks with new models. Risk control is the "lifeline" of banks. Digital financial technology helps financial institutions better assess and manage risk by providing more accurate and comprehensive data analysis. To this end, on the one hand, Bank of Gansu relies on the combination of "external + internal" data, uses modern science and technology such as artificial intelligence, big data, and cloud computing, and uses flexible risk control models, rules, and strategies to accurately profile customers, combines risk management with the whole life cycle of accounts, and omni-channel safe transaction services, and runs risk management and control through the whole process of channels, scenarios, products, businesses, and customer services, so as to achieve service, development, and customer service. On the other hand, Bank of Gansu has built an Internet anti-fraud platform and an operational risk monitoring system, which realizes real-time risk monitoring and process control of the whole process and all scenarios by accessing full transaction data such as electronic channels, UnionPay and networking, and using artificial intelligence algorithms. At the same time, the UnionPay bank card issuance risk monitoring (URM) model is introduced to accurately detect inter-bank transactions of bank cards with high-risk characteristics in real time.

Anchor the goal and do not relax, and strive to move forward. Bank of Gansu will take the implementation of the "Four Strong" actions as the traction, adhere to the principle of seeking progress while maintaining stability, promoting stability through progress, establishing first and then breaking down, comprehensively promote the transformation of the mode, adjust the structure, improve the quality and increase the efficiency, strive to take the road of financial development with Chinese characteristics, and make every effort to do a good job in the five "big articles", so as to help the practice of Chinese-style modernization in Gansu with high-quality financial development.

Source: New Gansu