Zhongxin Finance, April 18. On the 18th, the People's Bank of China and the State Administration of Foreign Exchange issued the "Notice on Doing a Good Job in Financial Services for Epidemic Prevention and Control and Economic and Social Development".
The "Notice" requires that "green channels" be opened for transportation and logistics enterprises that undertake heavy tasks of epidemic prevention and control and emergency transportation.
The "Notice" emphasizes improving the quality and efficiency of financial services for key areas and the beleaguered population.
Financial institutions should improve the level of financial supply in areas severely affected by the epidemic by adjusting regional financing policies, internal fund transfer pricing, and implementing differentiated performance appraisal methods.
For those who are hospitalized or quarantined due to infection with COVID-19, those who need to be quarantined and observed for epidemic prevention and control, and those who have temporarily lost their source of income due to the epidemic, financial institutions should optimize their credit policies in a timely manner, distinguish between repayment ability and repayment willingness, and distinguish between those affected by the epidemic. The short-term repayment ability and the medium- and long-term repayment ability of the company will be supported by adjusting the repayment plan by flexibly adjusting the repayment time, extending the loan period, and delaying the repayment of the existing personal housing and other loans.
For flexible employment subjects such as taxi drivers, online shop owners, and truck drivers, financial institutions can increase their support for operating loans by comparing individual industrial and commercial households and small and micro business owners.
Increase financial support for the smooth circulation of logistics and shipping.
Financial institutions should actively follow up and effectively meet the financing needs of transportation enterprises.
Open up "green channels" for transportation and logistics enterprises that undertake heavy tasks of epidemic prevention and control and emergency transportation, optimize the credit approval process, and provide flexible and convenient financial services.
For transportation and logistics enterprises and truck drivers who have temporary difficulties in repaying loans due to the impact of the epidemic, support financial institutions in scientifically and rationally extending and renewing loans.
It is necessary to make full use of civil aviation emergency loans and other tools, and take multiple measures to increase credit support for airlines and airports.
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