The first batch of provincial-level silver-to-total "total-to-total" batch guarantee business officially landed in Wuhu

In order to further implement the work requirements of the Wuhu Municipal Party Committee and Municipal Government, explore the establishment of a new type of bank-to-paper cooperation mechanism, mobilize the enthusiasm of banks and government financing guarantee institutions, give full play to the advantages of the banking system, improve the efficiency of guarantees, expand the scale of guarantees, and effectively alleviate the problem of financing difficulties and high costs for small and micro enterprises and "three rural areas", recently, Wuhu Citizen Strong Guarantee Company and Yangzi Bank signed a "total-to-total" batch guarantee business cooperation agreement with Yangzi Bank, with a total credit scale of 1 billion yuan. The first batch of 58 households with 15.84 million yuan has been successfully landed.

The provincial-level yindan"total-to-total" business is based on the "total-to-total" business of Guorongdan, combined with the actual innovation and exploration, on the one hand, it continues to absorb the three advantages of bank-to-risk sharing, locking in the upper limit of guarantee compensation and batch review in the "total-to-total" business of Guorongdan, on the other hand, it has optimized and simplified the local characteristics in terms of reserve fund mechanism, guarantee fees, and business processes. By waiving the enterprise guarantee fee, it not only improves the efficiency of the "total-to-total" guarantee business service of the bank, but also reflects the social responsibility of state-owned enterprises, while reducing the financing costs of enterprises, helping enterprises to improve profit margins, and further deepening the "one percent work method" and other measures to benefit enterprises.

In the next step, Wuhu Citizen Strong Guarantee Company will further increase the expansion of the "total-to-total" batch guarantee business of Yindan, and at the same time, combined with the characteristics of Wuhu's regional economy, product innovation under the original business framework, and continuously increase support for small and micro enterprises, injecting new vitality into the regional inclusive financial field.