The Shandong Branch of the Export-Import Bank of China actively supports the development of small and micro enterprises in Jining

Source: People's Daily - Shandong Channel

In order to give full play to the functions of policy banks, better support the development of small and micro enterprises and inclusive finance, and strive to solve the problem of financing difficulties and expensive financing for private enterprises and small and micro enterprises, the Shandong Branch of the Export-Import Bank of China recently invested hundreds of millions of yuan in small and micro enterprises to Jining Bank to support the development of small and micro enterprises in Jining, and effectively reduce fees and profits for small and micro enterprises.

Jining City is located in the southwest of Shandong Province, is the famous "hometown of Confucius and Mengmeng, canal capital", the total economic volume ranks sixth in Shandong Province, the private economy is active, and the number of small and micro enterprises is large. As a local commercial bank in Jining City, Jining Bank has insisted on serving the local real economy since its establishment, adhering to the market positioning of "serving small and medium-sized enterprises", and creating a small and micro credit characteristic business brand. In recent years, the cooperation between the Export-Import Bank of China and Jining Bank has continued to deepen, and the investment in small and micro refinancing has continued to increase, with a total investment of more than 2.3 billion yuan, and more than 1,000 small and micro enterprises have been indirectly served, which has strongly supported the rapid development of small and micro enterprises in Jining.

In the future, the Export-Import Bank of China will continue to focus on the main business, keep in mind the mission of supporting the local real economy, fully implement the "six stability" and "six guarantees" work requirements, actively explore the establishment of a new model of financial cooperation under the "double cycle" pattern, rely on Jining Bank's strong professional credit capabilities and sound and efficient credit network, and accurately support the economic development of Jining, especially the development of manufacturing and export-oriented small and micro enterprises. (Li Wei)