01 Chongqing enterprises look → "financial 26" to help you bail out

Recently, Chongqing issued the Work Plan for Epidemic Prevention and Control in Financial Services and Economic and Social Development in Chongqing, which involves 6 aspects and 26 specific measures. The Chongqing operation Management Department of the People's Bank of China made a detailed interpretation of 26 specific measures on Monday.

We will increase financial support for key areas and weak links

On April 18, the People's Bank of China and the State Administration of Foreign Exchange issued the Notice on Epidemic Prevention and Control and Financial Services for Economic and Social Development, which issued 23 policies and measures, defining the goals, priorities and directions for coordinating epidemic prevention and control and financial services for economic and social development.

In order to ensure the implementation of the above policies and measures in Chongqing as soon as possible, Chongqing issued the Work Plan for Epidemic Prevention and Control of Financial Services and Economic and Social Development in Chongqing, which involves 26 specific measures in 6 aspects including stabilizing the growth of total credit (hereinafter referred to as "26 Measures").

Article 26 calls for greater financial support in key areas and weak links. In particular, for service industries that are in difficulty and other promising industries that are temporarily in difficulty due to the impact of the epidemic, a mechanism has been set up to connect the government, the bank and enterprises in troubled industries with key sectors, draw up a standardized list of financing needs, and dynamically collect and update the list of key service sector enterprises that are in trouble.

Relying on the "Yangtze River And Chongqing Rongtong" Inclusive small and micro online financing service platform and financial service ports, we will launch relevant products, focusing on supporting contact service industries such as transportation, accommodation, catering, wholesale and retail, cultural tourism and other enterprises temporarily experiencing difficulties due to the impact of the epidemic.

We will improve the emergency mechanism for financial services

Guarantee support for special groups

"In guiding financial institutions to improve the emergency mechanism of financial services for those affected by the epidemic, article 26 provides support for special groups." People's Bank of Chongqing business management department of money and credit management division director Wang Hong mentioned.

● Small, medium and micro enterprises and individual businesses with good development prospects and transportation and logistics enterprises and truck drivers with temporary difficulties in repaying loans due to the impact of the epidemic shall be supported by reasonable measures such as loan renewal, loan extension and repayment arrangement adjustment to avoid loan withdrawal and loan suspension.

Low for infection COVID - 19 hospitalization or quarantine, epidemic prevention and control need to quarantine personnel and affected by the epidemic temporarily lose their source of income, in a timely manner to optimize the credit policy, to distinguish the reimbursement ability and willingness to reimbursement, affected by the outbreak of short-term ability to repay long-term and reimbursement ability, for the surviving individual housing loans, such as Flexibly adopt reasonable postponement of repayment time, extension of loan term, delaying repayment of principal and other ways to adjust repayment plan to support.

● For taxi drivers, online shop owners, truck drivers and other flexible employment subjects, compared with individual businesses and small and micro business owners, increase operational loan support. We will leverage the role of government-funded guarantee institutions and insurance companies to jointly promote the availability and convenience of financing for those affected by the epidemic.

The total amount of financing exceeded 100 billion yuan

The Chongqing Operation Management Department of the People's Bank of China, together with the Municipal Development and Reform Commission and 10 other departments, held a meeting on the prevention and control of the epidemic in Financial services and the financing matchmaking between government, banks and enterprises in Economic and social development in Chongqing to accurately solve the financing problems of enterprises.

● At present, we have organized financial institutions to sign cooperation agreements with distressed market players, scientific and technological innovation, key projects and other key areas and weak links of the real economy, exceeding 50 billion yuan, supporting nearly 400 market players.

● Five batches of lists of financing needs of key distressed market players have been pushed online and offline, involving nearly 3,000 market players, with a total financing amount of over 100 billion yuan.

● Organized the financial institutions under the jurisdiction to connect with 70,000 market players in retail, catering, accommodation, transportation and other contact services, and supported 54.5 billion yuan in new loans for 56,000 market players, with a loan interest rate of only 4.12%.

Banking management department of the people's bank of chongqing party committee, deputy director of the su Yang, said the next step will be the key from the use of good structural directional support role of monetary policy tools, to do a good job of multi-level ZhengYinQi docking, improve precision effectiveness of policies and measures, strengthen policy effective monitoring and supervision and so on four aspects: promoting the policy of "article 23" measures and "26" related to specific work.

Source: Chongqing Release - wechat official account

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