Recently, the Yongchang County Branch of Chinese Bank successfully issued a re-loan of 70 million yuan to Yongchang Rural Commercial Bank under the mode of "first lending and then borrowing", with a term of 1 year and a preferential interest rate of 2.25%. This is the first agricultural refinancing issued by the Yongchang County Branch of the People's Bank of China to Yongchang Rural Commercial Bank since 2019, benefiting more than 320 rural households. The smooth landing of this re-loan to support agriculture has provided a strong policy support for the sustained and stable growth of the total amount of agriculture-related loans in the county.
In order to guide local legal person financial institutions to continue to expand the investment of agriculture-related credit and reduce the financing costs of "three rural areas", since the beginning of this year, the Yongchang County Branch of the People's Bank of China has firmly grasped the opportunity of the reloan policy in accordance with the principle of territorial management, and has gone deep into the Yongchang Rural Commercial Bank for the first time to carry out policy publicity and interpretation, conduct a thorough survey of the demand for reloans, and take the initiative to communicate with the superior bank, and finally successfully win the reloan fund limit of 70 million yuan. As an important monetary policy tool of the People's Bank of China to support the development of the "three rural areas", the re-loan for supporting agriculture is of great significance to further invigorating rural resources, realizing the activation of factors, alleviating financing difficulties, and accelerating rural economic development.
It is reported that in 2021, Yongchang Rural Commercial Bank plans to invest 230 million yuan in agriculture-related loans throughout the year, and as of the end of June, the balance of agriculture-related loans of the institution 338527 million yuan, a net increase of 68.93 million yuan over the beginning of the year. In order to effectively alleviate the pressure on supply and demand of funds, in the next step, the Yongchang County Branch of the People's Bank of China plans to once again strive for a reloan limit of 30 million yuan, in accordance with the monetary policy requirements of "flexible and accurate, reasonable and moderate", continue to make full use of quasi-monetary policy tools, continue to strengthen capital security, promote local legal person financial institutions to allocate more preferential interest rate credit funds to the "three rural areas" field, benefit more agricultural business entities with policy dividends, improve the use of refinancing funds, and help the high-quality development of agricultural and rural areas at the county level.
Text: Zhao Xiaopeng Zhu Xiaomin The picture comes from the Internet
Source: Jinchang Daily WeChat public account
Editor: Jiao Duoqian Fu Wenya
Editor-in-charge: He Jiyu
Editor-in-Chief: Wang Jun