The five departments of China have provided financial services for financial services for food and important agricultural products, strengthening financial services to consolidate and expand poverty alleviation, and jointly issued a document to deploy financial support for rural rejuvenation.
According to Caixin.com, the People's Bank of China, the State Administration of Finance Supervision and Administration, the Securities Regulatory Commission, the Ministry of Finance, and the Ministry of Agriculture and Rural Affairs jointly issued on June 16 to jointly promote financial support to comprehensively promote rural revitalization and accelerate the construction of agriculture.The guidance of a strong country (referred to as guidance) to promote financial support to comprehensively promote rural revitalization.
In terms of support for monetary policy, guidance emphasizes that monetary policy instruments such as re -loan and reimbursement, differentiated deposit reserve ratio, etc., strengthen precision drip irrigation and positive incentives, guide financial institutions to increase rural areas to the countrysideThe credit support in key areas of revitalization, and moderately help the county to the county's key to the county.
"For county legal person financial institutions with good development foundation, stable operating structure, and sustainable capabilities, give more preferential currency credit policy support in terms of deposit reserve ratio, re -discounting of loans." Guidance. "Guidance.The opinions point out that the statistics, information disclosure and policy assessment of existing structural monetary policy tools should be strengthened in the "agriculture, rural areas, and rural areas".
At the same time, guidance encourages supporting policies such as risk compensation, fiscal discounts, and financing guarantee, and forms a joint force with monetary policies such as re -loan to support loans issuance in relevant areas of rural rejuvenation; give full play to government financing guarantee institutionsThe role of credit increase, promote the interconnection of the "Yinyu" online system, improve compensation efficiency, strengthen the performance evaluation of government financing guarantee institutions, strengthen the use of evaluation results; support the exploration and loan linkage model, encourage the push through agricultural and rural investment and financing project librariesMajor project information, give full play to financial, credit, insurance, and futures to form a comprehensive system of financial support agriculture.
For different types of banks, guidance states that developed policy banks should based on functional positioning and increase the stable and safe supply of food and important agricultural products within the business scope, agricultural and rural infrastructure, agricultural scientific and technological innovation, etc.Medium and long -term credit support in key areas; Chinese state -owned commercial banks and joint -stock commercial banks must use the advantages of resources, mechanisms, technology and other advantages, strengthen online and offline collaboration, and increase credit investment in the fieldSmall support, strengthen the allocation of credit resources in the "agriculture and rural" field.
In terms of risk management, the guidance stated that "moderately increased the risk of agricultural loans to the tolerance", and the adverse rate of agricultural loans was higher than that of financial institutions' own loan adverse rate annual targets (including)Inside, it is not used as a regulatory evaluation factors.
Reported that this is not the first time that the regulatory authorities have proposed this standard.In 2021, the Opinions of the People's Bank of China, the CBRC, the CSRC, the Securities Regulatory Commission, the Ministry of Finance, the Ministry of Agriculture and Rural Affairs, and the Rural Revitalization Bureau on the results of financial support and consolidation and expansion of poverty alleviation have been comprehensively promoted.
In terms of optimizing financial management policies, guidance stated that it urged financial institutions to explore simple and easy -to -quantify due diligence standards, exemptions and accountability requirements, and accelerate the implementation of the diligence system for agricultural loans;Encourage financial institutions to set up single -service channels, single credit quotas, single assessment indicators, single approval authority, single -innovation credit products, and separate funds to pricing, and stabilize the investment in agricultural credit.
According to the disclosure of the State Administration of Finance, as of the end of April 2023, the balance of agricultural loans of 5.316 trillion yuan (RMB, the same below, about S $ 9.96 trillion)The highest increase.The State Administration of Finance Supervision also requires banks to open up "green channels" to give priority to approval and timely handling to ensure "money and other grains" to ensure the smooth and orderly advancement of summer grain acquisition.The Agricultural Bank plans to invest more than 300 billion yuan in agricultural loans during the "Three Summer" period. The Agricultural Development Bank plans to invest about 110 billion yuan in loans in the field of summer harvest.
