Home News Xiamen City introduces ten financial relief measures to support market players affected by the epidemic to overcome difficulties

Xiamen City introduces ten financial relief measures to support market players affected by the epidemic to overcome difficulties

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Original title: Xiamen City introduced ten financial relief measures to support market players affected by the epidemic to tide over the difficulties

Xiamen City introduces ten financial relief measures to support market players affected by the epidemic to tide over the difficulties

In order to implement the deployment of the Municipal Party Committee and Municipal Government’s epidemic prevention and control work, and support the city’s medium and high-risk regional market entities to fight the epidemic, on October 1, Xiamen Municipal Financial Supervision Bureau, Xiamen Municipal Finance Bureau, Xiamen City Center Branch of the People’s Bank of China, and Xiamen Banking and Insurance Regulatory Bureau , Xiamen Securities Regulatory Bureau jointly issued a notice on “Measures to Strengthen Financial Support for Market Entities Affected by the Epidemic to Overcome Difficulties Together”, and introduced ten financial relief measures to help the real economy, especially small, medium and micro enterprises, overcome difficulties and ensure the people’s production and living needs Financial services. mainly includes:

1. Increase credit support

For the city’s enterprises (including individual industrial and commercial households and small and micro business owners) that have encountered operational difficulties due to the epidemic, financial institutions must not blindly draw, suppress, or suspend loans, and must renew, extend, and appropriately lower loan interest rates. , Increasing credit loans and medium and long-term loans, etc., to maintain the stability of credit policies for financing customers. For loans to small, medium and micro enterprises that are due within this year, financial institutions must fully negotiate with enterprises and “should be extended as far as possible.” For temporarily deferred principal and interest loans that meet the requirements, financial institutions should adhere to substantive risk judgments and not downgrade credit ratings and loan classifications due to epidemic factors.

Second, ensure that financing costs are reduced

Small and micro enterprises whose main production and business premises are located in the streets of Tongan District and other medium and high risk areas are affected by the epidemic and have operating difficulties. New loans (including extensions) will be issued from September 1 to December 31, 2021, on an annual basis A discount of 1 percentage point shall be provided for the interest rate, the period of discount shall not exceed 6 months, and the amount of discount for a single enterprise shall not exceed 100,000 yuan. The above-mentioned loan issuance entities include commercial banks, securities institutions, non-bank financial institutions, small loan companies, and pawn shops within the jurisdiction approved by the financial regulatory authorities. All financial institutions should actively reduce or exempt anti-epidemic-related transfer service fees, service fees related to renewal of loans for enterprises affected by the epidemic, and related service fees for loans to production enterprises in anti-epidemic and people’s livelihood protection.

3. Fully use monetary policy tools

The new small and small re-loan limit of the Xiamen City Center Branch of the People’s Bank of China gives priority to supporting local corporate banks for small and micro enterprises (including individual industrial and commercial households and small and micro business owners) whose main production and business premises are in the streets of Tong’an District and other medium- and high-risk areas. Private enterprises with a single-account credit of less than 30 million yuan will issue loans, and local corporate banks that have received funding support for small-scale refinancing must implement preferential interest rates. For bills applied by various banking institutions for rediscounting, if the main production and business premises of the bill issuing or discounting enterprise are in the streets where the Tongan District and other medium- and high-risk areas are located, the People’s Bank of Xiamen City Center Sub-branch will give priority to rediscount, focusing on supporting the face amount of 200 Bill financing for small and micro, private or agricultural-related enterprises under RMB 10,000. For the deferred principal and interest repayment of inclusive small and micro enterprise loans and credit loans handled by local corporate banks, the People’s Bank of Xiamen City Center Branch provides financial support at 1% of the deferred principal and 40% of the amount of credit loans issued.

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Fourth, play the role of supporting policies

Actively use government emergency loan repayment funds, include all eligible credit products of cooperative institutions into the scope of application, and include small and micro business owners and individual industrial and commercial households as service objects. For enterprises affected by the epidemic, they can simplify application materials and extend the use of funds as appropriate. . Give full play to the role of the credit enhancement fund, give priority to handling relevant business for small, medium and micro enterprises whose main production and business premises are located in the streets of Tongan District and other high-risk areas, and the credit enhancement service fee is halved. Make good use of the entrepreneurial secured loan policy, and include the secured loans for entrepreneurs issued by various banking institutions to individuals and small and micro enterprises whose main production and business premises are in the streets of Tongan District and other medium and high-risk areas.

5. Enhance the insurance protection function

Insurance institutions must conscientiously provide various insurance claims services related to the epidemic. For customers who have contracted new coronary pneumonia or are affected by the epidemic, they must give priority to accepting, paying all compensations, and being able to make compensation as soon as possible. For customers out of risk affected by the epidemic, methods such as prepayment of insurance premiums can be adopted to improve the efficiency of claims settlement. Export Credit Insurance will give priority to supporting expansion and underwriting of pre-export insurance for key foreign trade enterprises whose main production and business premises are in the streets of Tongan District and other medium-high-risk areas; lower fees for basic risk protection policies for small-scale enterprises newly signed or renewed during the implementation of this measure The rate level is 20%; for enterprises affected by the epidemic to handle quota applications, declarations, payment and other insurance matters, they will be postponed as appropriate; for businesses that are affected by the epidemic, they will actively provide additional support for quotas.

Xiamen City introduces ten financial relief measures to support market players affected by the epidemic to tide over the difficulties

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In order to implement the deployment of the Municipal Party Committee and Municipal Government’s epidemic prevention and control work, and support the city’s medium and high-risk regional market entities to fight the epidemic, on October 1, Xiamen Municipal Financial Supervision Bureau, Xiamen Municipal Finance Bureau, Xiamen City Center Branch of the People’s Bank of China, and Xiamen Banking and Insurance Regulatory Bureau , Xiamen Securities Regulatory Bureau jointly issued a notice on “Measures to Strengthen Financial Support for Market Entities Affected by the Epidemic to Overcome Difficulties Together”, and introduced ten financial relief measures to help the real economy, especially small, medium and micro enterprises, overcome difficulties and ensure the people’s production and living needs Financial services. mainly includes:

1. Increase credit support

For the city’s enterprises (including individual industrial and commercial households and small and micro business owners) that have encountered operational difficulties due to the epidemic, financial institutions must not blindly draw, suppress, or suspend loans, and must renew, extend, and appropriately lower loan interest rates. , Increasing credit loans and medium and long-term loans, etc., to maintain the stability of credit policies for financing customers. For loans to small, medium and micro enterprises that are due within this year, financial institutions must fully negotiate with enterprises and “should be extended as far as possible.” For temporarily deferred principal and interest loans that meet the requirements, financial institutions should adhere to substantive risk judgments and not downgrade credit ratings and loan classifications due to epidemic factors.

Second, ensure that financing costs are reduced

Small and micro enterprises whose main production and business premises are located in the streets of Tongan District and other medium and high risk areas are affected by the epidemic and have operating difficulties. New loans (including extensions) will be issued from September 1 to December 31, 2021, on an annual basis A discount of 1 percentage point shall be provided for the interest rate, the period of discount shall not exceed 6 months, and the amount of discount for a single enterprise shall not exceed 100,000 yuan. The above-mentioned loan issuance entities include commercial banks, securities institutions, non-bank financial institutions, small loan companies, and pawn shops within the jurisdiction approved by the financial regulatory authorities. All financial institutions should actively reduce or exempt the handling fees of anti-epidemic-related transfer business, the service fees related to the extension of loan renewal of enterprises affected by the epidemic, and the service fees related to the loan of anti-epidemic and people’s livelihood production enterprises.

3. Fully use monetary policy tools

The new small and small re-loan limit of the Xiamen City Center Branch of the People’s Bank of China gives priority to supporting local corporate banks for small and micro enterprises (including individual industrial and commercial households and small and micro business owners) whose main production and business premises are in the streets of Tong’an District and other medium- and high-risk areas. Private enterprises with a single-account credit of less than 30 million yuan will issue loans, and local corporate banks that have received funding support for small-scale refinancing must implement preferential interest rates. For bills applied by various banking institutions for rediscounting, if the main production and business premises of the bill issuing or discounting enterprise are in the streets where the Tongan District and other medium- and high-risk areas are located, the People’s Bank of Xiamen City Center Sub-branch will give priority to rediscount, focusing on supporting the face amount of 200 Bill financing for small and micro, private or agricultural-related enterprises under RMB 10,000. For the deferred principal and interest payment and credit loans for inclusive small and micro enterprise loans handled by local corporate banks, the Xiamen City Center Branch of the People’s Bank of China will provide financial support at 1% of the deferred principal and 40% of the amount of credit loans issued.

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Fourth, play the role of supporting policies

Actively use government emergency loan repayment funds, include all eligible credit products of cooperative institutions into the scope of application, and include small and micro business owners and individual industrial and commercial households as service objects. For enterprises affected by the epidemic, they can simplify application materials and extend the use of funds as appropriate. . Give full play to the role of the credit enhancement fund, give priority to handling relevant business for small, medium and micro enterprises whose main production and business premises are located in the streets of Tongan District and other high-risk areas, and the credit enhancement service fee is halved. Make good use of the entrepreneurial secured loan policy, and include the secured loans for entrepreneurs issued by various banking institutions to individuals and small and micro enterprises whose main production and business premises are in the streets of Tongan District and other medium and high-risk areas.

5. Enhance the insurance protection function

Insurance institutions must conscientiously provide various insurance claims services related to the epidemic. For customers who have contracted new coronary pneumonia or are affected by the epidemic, they must give priority to accepting, paying all compensations, and being able to make compensation as soon as possible. For customers out of risk affected by the epidemic, methods such as prepayment of insurance premiums can be adopted to improve the efficiency of claims settlement. Export Credit Insurance will give priority to supporting expansion and underwriting of pre-export insurance for key foreign trade enterprises whose main production and business premises are in the streets of Tongan District and other medium-high-risk areas; lower fees for basic risk protection policies for small-scale enterprises newly signed or renewed during the implementation of this measure The rate level is 20%; for enterprises affected by the epidemic to handle quota applications, declarations, payment and other insurance matters, they will be postponed as appropriate; for businesses that are affected by the epidemic, they will actively provide additional support for quotas.Return to Sohu to see more

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