On August 12, Yangzhou City held the fourteenth press conference on the prevention and control of the new crown pneumonia epidemic.

Xu Lihong, deputy director of the Yangzhou Local Financial Supervision Bureau, introduced that Yangzhou requires all banking institutions to sort out the loans due to enterprises within this year, make arrangements for the continuation of funds in advance, and must not blindly draw out loans, cut off loans, or pressure loans. It is difficult to temporarily repay loans. Enterprises in need of loan renewals provide support through on-lending, renewal, postponement, and renewal of loans without repayment.

  Xu Lihong said that the wholesale and retail, accommodation and catering, logistics and transportation, cultural tourism and other industries that have been greatly affected by the epidemic should increase credit loans and medium and long-term loans, and various banking institutions should actively support relevant companies to tide over the difficulties.

At the same time, we will open up green channels to improve the quality and efficiency of online and offline services, and provide enterprises that are more affected by the epidemic with priority acceptance, priority approval, and priority lending services, and strive to achieve approval for lending within 1-3 days.

  According to reports, in the first week of August, Yangzhou City’s banking institutions issued a total of 2.083 billion yuan (RMB, the same below) to 2,320 enterprises, of which inclusive small and micro enterprises were 792 million yuan. Principal repayment and renewed loan of 107 million yuan.

  Xu Lihong said that Yangzhou requires banking institutions to moderately reduce loan interest rates and reduce or exempt fees.

In addition, the People's Bank of China Yangzhou City Center Branch has secured a re-loan rediscount quota of 600 million yuan, which is specifically used to support financial institutions to increase credit for epidemic prevention and control enterprises, agricultural-related enterprises, private enterprises, and small and micro enterprises.

  (Reporter Cui Jiaming Ge Yong)

Editor in charge: [Ji Xiang]