Bank of Beijing takes multiple measures to support small and micro enterprises to overcome difficulties
Promote the implementation of first loan renewal and deferred principal repayment; strengthen financial services for small, small and micro enterprises, and accumulate 9.03 billion yuan in loans to support small and micro enterprises
Since the outbreak of the epidemic, Bank of Beijing has actively implemented financial support policies for the development of the real economy. It has strengthened financial services for small, medium and micro enterprises by implementing credit support policies and strengthening first loan renewal linkages to support the accelerated restoration of production and life order and the high-quality development of the real economy.
As a local bank, Bank of Beijing has given full play to the advantages of close corporate connections and flexible policy adjustments, focusing on Beijing's economy, and playing a greater role in the prevention and control of the epidemic and the resumption of work and production.
Actively introduce credit policies to support small and micro enterprises
During the epidemic, many companies have encountered operational difficulties due to the greater impact on production and life. Under this circumstance, the Bank of Beijing took the initiative to increase credit, and the growth of loans in Beijing was particularly noticeable. According to data provided by the bank, as of the end of June this year, the bank's RMB loans increased by 89 billion yuan or 6.2% from the beginning of the year, an increase of 12.8 billion yuan year-on-year. Loans in the Beijing area increased by 52.7 billion yuan from the beginning of the year, an increase of 7.8%; compared with the same period last year, they increased by 130.8 billion yuan, a year-on-year increase of 22%.
While increasing the amount of loans, Bank of Beijing reduced the cost of physical financing and promoted the conversion of existing corporate loans to LPR. The latest conversion progress has reached 88%. The bank also implemented a differentiated FTP (internal fund transfer pricing) preferential policy, and 15 basis points of loan preferential in Beijing. In addition, the Bank of Beijing further reduced its credit financing charges. In the first half of the year, the bank’s average interest rate on loans to new companies was 4.52%, a decrease of 52 basis points year-on-year; among them, the average interest rate of loans to new companies in Beijing was 4.26%, a year-on-year decrease of 60 basis points.
For small, medium and micro enterprises that have been greatly affected by the epidemic, the Bank of Beijing has issued special documents to implement credit support policies, strengthen first loan renewal connection, improve internal performance evaluation, eliminate illegal financing charges, strengthen financial technology empowerment, and increase 8 measures and 25 measures including special financial promotion, broadening of financing support methods, and pooling of support from multiple parties have effectively strengthened financial services for small, medium and micro enterprises.
As of the end of June, the Bank of Beijing has completed the central bank’s special re-loan target for epidemic prevention, with 100% coverage of companies on the Beijing key list, 160 loans totaling 3.577 billion yuan, and the number and scale of loans ranked No. 1 among the three corporate banks in Beijing. 1. Among the 12 special refinancing banks in Beijing, the number of households ranks first; a total of 9.03 billion yuan has been issued for small refinancing.
Among them, Bank of Beijing focuses on supporting biomedical companies that play a central role in the fight against the epidemic. For example, in March of this year, Beijing Kexing Zhongwei Biotechnology Co., Ltd. officially launched the construction of the new crown virus vaccine industrialization project in Daxing, Beijing. After learning of the relevant financial needs of the company to start the construction of the new crown virus vaccine production base, the Bank of Beijing approved immediately Through a working capital loan of 60 million yuan, it is specially used to support the research and development, testing and clinical work of the company's new crown vaccine.
Another company, Beijing Yimiao Shenzhou Pharmaceutical Technology Co., Ltd., is committed to applying innovative gene cell medicine technology to the treatment of malignant tumors and is a leader in the gene cell medicine industry in my country. After learning that companies have liquidity needs during the epidemic, the Bank of Beijing quickly conducted field investigations, combined with the light asset characteristics of companies and is a key support frontier technology field, and provided companies with an unsecured and unsecured credit loan line of 10 million yuan. During the epidemic, the Bank of Beijing optimized its business processes and issued this credit loan to the company at a preferential interest rate of 65 basis points lower than the LPR to reduce the cost of corporate financing. Bank of Beijing's efficient services and rich credit products have provided strong support for companies to smoothly weather the epidemic.
In response to the transportation, accommodation and catering, cultural and entertainment industries directly affected by the epidemic, Bank of Beijing also introduced exclusive products such as "Jingcheng Loan" and "Win Epidemic Bao". As of the end of June, the bank’s loans for transportation industry increased by 5.8 billion yuan from the beginning of the year, an increase of 18%; loans to the accommodation and catering industry increased by 2.3 billion yuan from the beginning of the year, an increase of 34%; and cultural finance loans increased by 2.9 billion yuan from the beginning of the year, an increase of 5%.
Accumulated first loan to support small and micro enterprises 15.9 billion yuan
Since last year, Beijing has successively established loan renewal centers and first loan centers. Among them, the loan renewal center mainly provides on-site loan acceptance and approval and other investment and financing services for small and micro enterprises, and the first loan center focuses on helping "zero credit" small and micro enterprises obtain first loan funds. The two centers form a system to serve small and micro enterprises and play an important role in improving the financial availability of small and micro enterprises.
As the first batch of institutions to settle in, Bank of Beijing actively supports the construction of loan renewal centers and first loan centers, improves the docking mechanism, assigns special personnel to the loan renewal centers and first loan centers, and arranges docking personnel to follow up the business in each branch and establish an efficient communication mechanism.
For small and micro enterprises that meet the policy conditions for renewal and first loans, the Bank of Beijing provides preferential interest rate pricing to reduce corporate financing costs. As of the end of June, the Bank of Beijing has supported 1,468 small and micro enterprises with 15.9 billion yuan in first loans, and has accepted 247 first loan business, 950 million yuan through the first loan center; has handled a total of 506 small and micro enterprise renewals without repayment, 2.5 billion yuan Yuan, 252 transactions and 1.95 billion Yuan were processed through the Loan Renewal Center.
Beijing Hikenpiya International Cultural Development Co., Ltd. is an enterprise that enjoys the loan renewal products of the Bank of Beijing. The company is mainly engaged in fine cultural performances and successfully planned and organized more than 1,000 cultural performances. The company's original loan from the Bank of Beijing will expire at the end of June. Due to the impact of the epidemic, cultural performances cannot be carried out, and the company's capital flow is relatively tight. After learning about this situation, the Bank of Beijing designed a service plan for the company. Through the combination of the “Creative Loan” product of the Bank of Beijing and the “Jingcheng Loan” product launched during the epidemic, the bank renewed the loan for the company. , The amount is 5 million yuan, no mortgage and guarantee are required, and at the same time, it is given a preferential interest rate lower than 70 basis points last year to support enterprises to continue to create and survive the epidemic smoothly.
At the beginning of June, the Central Bank launched two policies, namely the Credit Loan Support Program for Small and Micro Enterprises and the Phased Delay in Repayment of Debt and Interest. The Bank of Beijing continued to increase its efforts. In terms of support for deferred debt service, the Bank of Beijing has organized and deployed products, systems, approvals, training and other aspects to promote the implementation of policies and ease the financial pressure of small and micro enterprises to repay debts during the year. The Bank of Beijing has issued relevant operating guidelines to clearly support the inclusive small and micro enterprise loans that meet the policy conditions and can issue stable job commitments in accordance with the principle of "delay and extend". The bank has also upgraded supporting products and upgraded its exclusive product "Jingcheng Loan" during the epidemic. According to the business situation and capital situation of the company, it can adopt a variety of modes to provide flexible support to meet the actual needs of companies for deferred principal repayment and deferred interest payment. . In addition, the bank has increased approval support, established green approval channels for inclusive businesses such as deferred debt repayment, simplified approval procedures for inclusive small and micro loan renewal businesses, and achieved “time-limited approval, timely feedback, and follow-up review”. As of the end of June, the Bank of Beijing has handled a total of 614 deferred principal repayments for small and micro enterprises, with a deferred amount of 2.683 billion yuan.
The Guoyu Hot Spring Resort Town in Shijiazhuang City, Hebei Province is an example of enjoying the deferred debt service of the Bank of Beijing. The resort town is a national AAAA-level tourist attraction. Affected by the epidemic at the beginning of this year, it has ceased operations since January 27. The accommodation, catering, tourism and other sectors have basically no income; on May 16, Guoyu Hot Spring began to resume work, but the overall operation situation Generally, the direct losses in the first half of the year amounted to 10 million yuan. Bank of Beijing Shijiazhuang Branch adjusted the interest payment plan for the five-year fixed asset loan of 100 million yuan in accordance with the deferred principal and interest policy, and postponed the loan principal of 10 million yuan to be repaid in July 2020. And the interest of the first three quarters of 2020 will be postponed to the fourth quarter to ease the financial pressure of enterprises.
Use financial technology to strengthen bank-burden cooperation, bank-tax cooperation
Technology has played an important role in supporting the fight against the epidemic and stabilizing enterprises to ensure employment by the Bank of Beijing. The bank strengthens the integration with the Internet and big data, explores the establishment of a full-process online loan business model, and issues more credit loans; actively expands the scope of collateral to support more assets for mortgage; expands the approval authority of branches and rationally establishes liquidity Capital loan period, research and development of medium and long-term loan products suitable for enterprise characteristics. In addition, the bank continued to follow the needs of upstream and downstream enterprises in the industry chain, and increased the research and development and promotion of pledge financing products such as accounts receivable, warehouse receipts, and inventory. The bank also explored packaged portfolio financing of intangible assets such as patent rights, trademark rights, copyrights, etc., to expand financing lines.
The Bank of Beijing has deeply explored and integrated customer credit information of small and micro enterprises within the bank, strengthened the connection with external credit information platforms such as credit investigation, taxation, and market supervision, and improved customer identification and credit placement capabilities. The bank stepped up its cooperation between the bank and the bank and launched the bank and bank online system to support the online docking with guarantee companies. In addition, the bank signed an online bank-tax interaction agreement with the Beijing Municipal Taxation Bureau of the State Administration of Taxation to accelerate the development and implementation of the "bank-tax loan" online inclusive small and micro credit loan product. The Bank of Beijing Nanchang Branch and the Jiangxi Provincial Taxation Bureau of the State Administration of Taxation signed a business cooperation agreement on "Bank-Tax Interaction" to facilitate the growth of first-lenders and credit loan customers, and promote the healthy and rapid development of inclusive small and micro businesses.
The relevant person in charge of the Bank of Beijing stated that in the next step, the Bank of Beijing will continue to strengthen its responsibility, take on the task of financial institutions in the capital to support stable enterprises and ensure employment, make good use of exclusive policies, make good use of monetary and credit policies and coordinated policies, seize opportunities and focus on the top priority. Renew loans, fully expand customers, and increase credit support for small and micro enterprises. At the same time, the bank will strengthen capacity building, increase product, technology and data support, develop its advantages, make up for shortcomings, and improve its ability to serve small and micro enterprises.
Beijing News reporter Gu Zhijuan