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Shantou Creates "Government + Bank + Insurance" Financial Services
Date: 2022-05-10      Source: Shantou Daily

In order to promote financial support for rural revitalization, Shantou has made innovations in financial services, and vigorously promoted the "Government-Bank-Insurance" Financing Cooperation Program, for the purpose of addressing the difficulties of financing for agricultural enterprises and farmers, strengthening agriculture and benefitting farmers.

For the "Government-Bank-Insurance" Financing Cooperation Program, Shantou Municipal Financial Service Bureau and Shantou Municipal Bureau of Finance have set up a special support fund for "Government-Bank-Insurance" cooperative loans, which shall be used as insurance premium subsidies and risk compensation fund. Through market-oriented operation, the cooperative insurance institution and cooperative bank shall decide whether to back and offer loans after joint field investigation and risk assessment. This product aims to build a new financing platform for addressing the difficulties of financing for small and micro businesses. Up to now, the cooperative financial institutions of the Program have helped 8 agriculture-related entities to secure the support of the financing with an amount of RMB 11.6 million, covering such agriculture-related fields as the introduction of agricultural machinery, rice farming, seafood wholesale, retail and processing, lion-headed goose breeding and processing, and tea picking and processing.

Source:Shantou Daily, May 10, 2022




来源:汕头日报 2022-5-10

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