Inclusive old-age special re-loans are piloted in five provinces
The direct mechanism of "loan first and then borrow" is adopted to issue quarterly
Beijing, April 30 (Reporter Chen Guojing) According to the requirements of the executive meeting of the State Council, the People's Bank of China and the National Development and Reform Commission recently decided to carry out the pilot work of special re-lending for inclusive elderly care, to guide financial institutions to provide preferential loans to inclusive elderly care institutions, and to reduce pension costs. Institutional financing costs.
The pilot quota of special re-loan for inclusive pension is 40 billion yuan, the interest rate is 1.75%, the term is 1 year, and it can be extended twice.
The pilot financial institutions are China Development Bank, Export-Import Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank and Bank of Communications, a total of 7 large national banks.
The pilot areas are Zhejiang, Jiangsu, Henan, Hebei and Jiangxi provinces.
According to the relevant person in charge of the People's Bank of China, the support areas of special re-lending for inclusive pensions are eligible inclusive pension institutions.
It is reported that the special re-loan for inclusive pension adopts the direct mechanism of "loan first and then borrow" and is issued on a quarterly basis.
Financial institutions grant preferential interest rate loans to eligible inclusive pension institutions in accordance with the principle of marketization, and the loan interest rate is roughly the same as the market quoted rate (LPR) of the same term and grade loan.
From April 1, 2022, after a financial institution grants a loan to an inclusive pension institution, it will apply to the People's Bank of China for special re-loan funds for inclusive pension in the first month of the next quarter, and the People's Bank of China will provide re-lending funds equal to the loan principal. support.