Credit support, fee reduction and profit, deferred repayment, and the financing environment has gradually improved
Financial running water irrigates individual industrial and commercial households (Economic Focus · Support the development of individual industrial and commercial households)
Core reading
Since the beginning of this year, the financial sector has adopted a number of measures to provide convenient and rapid financial support to individual businesses and help individual businesses to tide over the difficulties.
Increase financial support to reduce the burden of financing; innovate monetary policy tools to improve financing efficiency; innovatively launch financial products to improve service levels... With the support of a series of financial policies, the financing environment has gradually improved, and the development vitality of individual industrial and commercial households has increased. foot.
The number of individual industrial and commercial households in my country reached 83.313 million, solving the employment problem of over 200 million people. Affected by the epidemic and other factors, many self-employed businesses have encountered difficulties such as liquidity shortages this year. The financial sector has adopted a number of measures to increase support so that self-employed individuals can more easily obtain financial support and inject funds for them." Living water" helps individual industrial and commercial households to tide over difficulties.
Increase capital investment so that individual industrial and commercial households can easily borrow
“I thought that bank loans were for large companies. I didn’t expect our self-employed to borrow money so easily.” On July 19, Lin Xiaobin, the owner of a hardware firm in Longgang District, Shenzhen, looked at his mobile phone and was surprised by the ICBC app. The business loan of 152,000 yuan that I applied for has already arrived.
"Affected by the epidemic, the income of the store has decreased, rent and wages have to be paid as usual, and the funds are very tight." Lin Xiaobin told reporters that he had also thought about getting a bank loan, but was worried about the high application threshold and the long payment period. "The most feared thing for self-employed individuals to apply for loans is the cumbersome procedures and long waits."
When I went to the ICBC Longgang branch to do business, Lin Xiaobin learned that ICBC has launched an online "small and micro e-loan" business specifically for small and micro enterprises and self-employed individuals. With the help of the account manager, he submits the application online through the mobile APP without any collateral. The whole process only takes about one minute.
Lin Xiaobin’s feelings are not alone. In the face of the impact of the epidemic, the state has taken a number of measures to increase financial support, guiding financial institutions to increase 300 billion yuan of low-interest loans, and targeted support for individual industrial and commercial households. Measures such as loan interest rates have reduced the financing costs of individual businesses. In addition, for self-employed businesses that have been severely affected by the epidemic, have difficulties in repayment on maturity, and temporarily lose their source of income, local financial institutions have flexibly adjusted the repayment arrangements, reasonably extended the loan period, and spared no effort to help self-employed individuals tide over the difficulties.
The reporter learned from the People’s Bank of China that as of the end of June, China’s inclusive small and micro loan balance was 13.5 trillion yuan, a year-on-year increase of 26.5%, and the growth rate was 1.1 and 3.4 percentage points higher than the end of the previous month and the end of the previous year, respectively. New high since. Among them, the balance of operating loans for individual industrial and commercial households and small and micro business owners was 8.5 trillion yuan, a year-on-year increase of 22.5%.
In order to further reduce the financing burden, the financial sector is adopting a number of measures to encourage banks to make reasonable concessions to various market entities including individual industrial and commercial households. Take China Construction Bank as an example. Since the beginning of this year, the bank has further expanded the scope of service fee reduction and exemption for small and micro enterprises and individual industrial and commercial households, reducing and exempting 35 service items in total. At present, the annual interest rate of CCB's credit inclusive financial loans has dropped from 5.025% at the beginning of the year to no more than 4.2525%, and the loan interest rates for small and micro enterprises and self-employed individuals in industries related to epidemic prevention and control have been further reduced to 3.8525%.
"Since the beginning of this year, the balance of inclusive small and micro loans has grown rapidly. Driven by a series of preferential policies such as fee reduction and profit, deferred debt and interest payments, the financing environment for small and micro enterprises and individual industrial and commercial households has gradually improved, and funding pressure has been effectively eased. Pan Helin, executive dean of the Digital Economy Research Institute of Zhongnan University of Economics and Law, said that although the scale of individual industrial and commercial households is small, it is related to all aspects of the normal production and life of the society. Increase financial support to "activate blood" for individual industrial and commercial households. Conducive to the "six stability" work and the implementation of the "six guarantees" task.
Innovative policy tools, allowing funds to reach individual businesses directly
Since the beginning of this year, driven by a series of innovative monetary policy tools that directly reach the real economy, the financing environment for individual industrial and commercial households has gradually improved, and financing efficiency has increased significantly.
On June 1, on the basis of the initial launch of 300 billion yuan in anti-epidemic special reloan and 1.5 trillion yuan inclusive reloan rediscounting, the central bank created two more monetary policy tools that directly reach the real economy: inclusive small and micro enterprise loans Deferred support tools, inclusive small and micro enterprise credit loan support plan. Through extension support tools, the central bank provided 40 billion yuan of re-lending funds to encourage local corporate banks to “delay” inclusive small and micro loans including loans to individual industrial and commercial households. It is expected that the extension policy can cover the cost of inclusive small and micro loans. Gold is about 7 trillion yuan. At the same time, the central bank provides financial support through the credit loan support program, which is expected to drive local corporate banks to issue new inclusive small and micro credit loans of about 1 trillion yuan.
Su Jusen, a self-employed industrial and commercial household in Xinxing County, Yunfu City, Guangdong Province, has been engaged in the catering industry for many years and has operated a number of restaurants in Xinxing County. In June of this year, Su Jusen’s 500,000 yuan loan from Xinxing Rural Commercial Bank was about to expire. Affected by the epidemic, the store’s funds were tight, coupled with fixed expenses such as labor and utilities, it was really difficult to repay the loan. .
At the time when it was unable to do anything, the clerk of Xinxing Rural Commercial Bank came to the door and proposed to extend the loan. On June 12, Su Jusen's unreturned 340,000 yuan loan was smoothly extended to June 12 next year, and the funding pressure was eased.
“This loan has been helped by the central bank’s inclusive small and micro enterprise loan extension support tool. After it is extended to customers, we can obtain incentive funding support.” Xinxing Rural Commercial Bank Chairman Liao Xinghua told reporters that in June alone, the bank It handled 19 loan extension procedures, supported 16 small and micro enterprises and individual industrial and commercial households, involving a loan principal of 49.85 million yuan. "With the support of the People's Bank of China Yunfu City Center Branch, 1% of the loan principal, or 498,500 yuan of incentive funds, was given to our bank on August 12. With such a good policy, we support small and micro businesses. Enterprises and individual industrial and commercial households are more motivated." Liao Xinghua said.
Financing channels are unblocked and support is increased. During the interview, the reporter found that in the first half of this year, the workload of the staff in the inclusive financial business of various banks increased significantly, and the number of loans to small and micro enterprises and individual industrial and commercial households increased significantly.
Feng Liang, vice president of the Internet Commercial Bank, introduced that in March this year, the All-China Federation of Industry and Commerce and the Internet Commercial Bank jointly launched the "Contactless Loan Assistance Program". More than 100 banks joined and hoped to help 10 million small and micro enterprises and businesses within six months. For individual industrial and commercial households, the goal has been accomplished just over three months after the launch of the plan.
"As of the end of July, the balance of branch inclusive small and micro loans reached 3.966 billion yuan, an increase of 1.139 billion yuan from the beginning of the year, and 91.12% of the annual plan was completed. The number of loan households was 2,951, an increase of 813 from the beginning of the year, and the annual plan was exceeded. "Said Li Lanlan, head of the Inclusive Finance Department of the Sichuan Branch of Bank of Communications.
Improve financial services and tailor products for individual industrial and commercial households
The operating conditions of individual industrial and commercial households vary widely, and the needs for financial services are also diverse. Financial institutions in various regions have innovatively launched financial products, improved service levels, and personally met the financial needs of self-employed individuals.
Chongqing Wanzhou Bank of China Fullerton Rural Bank has innovatively launched the "Code on Loan" product based on the collection QR code. As long as the self-employed meets the requirements of the monthly collection of more than 20 and the amount of more than 5,000 yuan for 3 consecutive months, the highest application can be made 200,000 yuan of credit loan.
In the process of serving individual industrial and commercial households, financial institutions have also fully felt the importance of this customer group to their own development.
“Banks and the real economy coexist and prosper, and it is the responsibility of the banking industry to support the real economy.” Huang Ziqiang, general manager of the personal credit department of China CITIC Bank Hangzhou Branch, believes that from the perspective of the bank’s own operations, individual industrial and commercial households are a large number of customer groups. Good service and good management can achieve a win-win situation. At the same time, individual industrial and commercial households are also market entities with growth potential. Actively helping them grow is also to gain momentum for the bank's future development.
Yang Dan, deputy manager of the Inclusive Department of ICBC Chongqing Wanzhou Branch, said that from the perspective of business development, self-employed financial services involve many aspects such as bank cards, POS acquiring, loans, etc., which is conducive to complementing the shortcomings of bank business development and is the development of banks. Blue ocean.
"Inclusive financial needs of individual industrial and commercial households have great potential, covering various business fields such as bank deposits, loans, settlement, transaction payment, etc., and providing financial services for individual industrial and commercial households is an important reform and transformation goal of the current banking industry." Ying Xiwen, a senior researcher at the Banking Research Institute, believes that in order to better solve the financial needs of individual industrial and commercial households, the banking industry must change its business philosophy and return to its roots of serving the public and the real economy. At the same time, it must use the power of financial technology to continuously innovate products, Risk control and service models provide efficient, convenient and personalized financial services for individual businesses.
Our reporter Wu Qiuyu Ge Mengchao