China News Service, Xining, May 28 (Sun Rui and Yuan Xiaozhen) A reporter learned from the Guoluozhou Central Branch of the People's Bank of China on the 28th that financial services in the Maduo earthquake-stricken area have now been fully restored.

  At 2:4 on May 22, a magnitude 7.4 earthquake occurred in Maduo County, Guoluo Prefecture, Qinghai Province, with a focal depth of 17 kilometers. The earthquake was felt strongly throughout Qinghai.

  Li Zhijun, a staff member of the Guoluozhou Central Sub-branch of the People’s Bank of China, introduced that after the earthquake, financial institutions in Guoluo Prefecture, Qinghai Province, immediately launched emergency plans to comprehensively investigate the network, business systems, and personnel safety, report the disaster in a timely manner, and enable payment and settlement. Five financial services such as treasury funds transfer, issuance fund allocation, re-loan and rediscount, and credit inquiry services are "green channels". We will do our best to deal with emergency financial risks and maintain financial stability in the jurisdiction.

The picture shows the mobile financial service vehicle handling business in the earthquake-stricken area.

Photo by Li Zhijun

  "At present, Maduo County's financial services have been fully restored, and the financial operations after the disaster have been stable and orderly." Li Zhijun said.

  According to statistics, at present, Guoluo prefecture has received 3 sums of 66 million yuan for disaster relief funds. The corresponding state treasury has allocated 1 sum of 20 million yuan for disaster relief funds to the disaster area. The provincial government has allocated 7 million yuan for the post-disaster reconstruction fund, and the central bank issued a reloan of 1.07 yuan. 100 million yuan, 4 mobile financial service vehicles and 2 “tent banks” simultaneously provided financial services to the outside world. A total of 455 transactions were handled, including 115 deposits, 99 withdrawals, 35 loan transactions, transfers, loss reporting, account opening, 206 non-cash transactions such as inquiries.

A total of 17 white-collar loans involving 5.1 million yuan and 18 rural household credit loans involving 570,000 yuan were issued, which effectively reduced the pressure on production and life of the affected people and effectively supported the recovery and reconstruction of the disaster-stricken areas.

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