Home » Keeping the “Shanghai” Log: Intensive Bailout Policies Benefiting Enterprises Introduced Shanghai Financial Institutions to Build Market “Stabilizers”

Keeping the “Shanghai” Log: Intensive Bailout Policies Benefiting Enterprises Introduced Shanghai Financial Institutions to Build Market “Stabilizers”

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ShanghaisecuritiesThe exchange has established a green channel for bond issuance, the China Foreign Exchange Trade System has fully exempted small and medium-sized enterprises from foreign exchange derivatives transaction fees, and the Shanghai Futures Exchange has exempted all futures product delivery fees… With the resumption of work and production in Shanghai, the resumption of the market is proceeding in an orderly manner. , a series of financial relief measures to benefit enterprises have also been introduced one after another, and financial institutions in Shanghai have jointly built market “stabilizers” to escort the development of enterprises.

Chinese peoplebankYu Wenjian, director of the Financial Consumer Rights Protection Bureau, introduced on the 8th that according to incomplete statistics, since March, financial institutions in Shanghai have issued loans of 33.5 billion yuan (RMB, the same below) to 731 anti-epidemic material supply companies and logistics companies. , 80% of which are credit loans. Loans of 72.3 billion yuan were granted to more than 10,000 enterprises affected by the epidemic, such as catering, retail, tourism and transportation.

Shanghai Pine Forest Foods (Group) Co., Ltd. is one of the “received” companies. As a key company in the supply of living materials in Shanghai, the demand for the company’s products has surged while the demand for funds has also become urgent.Wu Huohai, vice president of the company, told reporters: “Through Shanghai Rural CommercialbankWe quickly completed the loan increase procedures and provided 20 million yuan of new credit lines, all of which were processed online and were very efficient. “

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Shanghai Rural MerchantbankAccording to the introduction, the “Through Train for War Epidemic Financing” guarantees that financial services will not be closed, disconnected, and continuously linked. Enterprises with capital needs or other financial service needs can “scan the code” 24 hours to apply for 10 services, including electronic letter of guarantee, Xinmiaopai, bank-tax fast loan, commercial e-loan, Xinnongle loan, and bailout loan. Online green channel, easy operation, flexible borrowing and repayment, and transparent interest fees.

Financial services in the banking industry “do not close”,InsuranceThe industry also acts as a risk “shock absorber”.According to Cao Guangqun, deputy director of the Shanghai Supervision Bureau of the China Banking and Insurance Regulatory Commission, this round of epidemicInsuranceThe company has more than 2700 modelsInsuranceThe new crown responsibility has been expanded on the product, covering more than 5 million people insured, and the current epidemic-related insurance compensation amount has exceeded 34 million yuan. For example, it provides exclusive insurance coverage for medical workers in Shanghai free of charge, with an insured amount exceeding 150 billion yuan.

As a provider of “Ele.me” rider insurance,China Pacific InsuranceDuring the epidemic prevention and control period, the Shanghai branch of Property & Casualty joined hands with the “Ele.me” platform to provide more comprehensive protection for grassroots riders. On the basis of the original rider insurance, the new crown protection responsibility is extended for free for platform riders in Shanghai, and it provides protection for the “Blue Knights” who are running around in all corners of Shanghai city.

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For the resumption of work and production of enterprises,China Pacific InsuranceJin Jing, assistant to the general manager of the Shanghai branch of Property & Casualty Insurance, said that it provides a package of services for enterprises to resume work and production, which can not only guarantee them in terms of products, but also provide them with the most extensive services in terms of claims settlement. “We will also provide some online claims settlement capabilities to speed up claims settlement and support companies to resume work and production.”

While financial institutions are “transfusion”, they are also “making blood” continuously.today, byJD.comShanghai Banghui Commercial Factoring Co., Ltd., a subsidiary of the Science and Technology Group, as the original owner,Huatai Securities(Shanghai) Asset Management Co., Ltd. as the plan administratorJD.comTechnology – Jingcheng Series No. 6 Phase 3 Supply Chain FactoringcontractDebt Asset Backed Special Plan (ABS for Epidemic Prevention and Control) in ShanghaisecuritiesThe exchange was successfully issued with a scale of 1 billion yuan.

During the special period of epidemic prevention and control, part of the funds raised from this product will be specially used to provide financing for suppliers in areas seriously affected by the epidemic or enterprises in the field of epidemic prevention and control, so as to relieve the financial pressure of upstream enterprises in the supply chain, and to support enterprises in epidemic areas. Contribute to the resumption of work and production, and the restoration of economic momentum.

(Article source: China News Network)

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