New Cotton Annual Acquisition Of Credit By Agriculture Development Bank

Two thousand and ten cotton The year has come. Agricultural Development Bank Attaches great importance to the acquisition of cotton loans, a month earlier than the previous year held a new cotton credit working conference, and in the in-depth study of the market situation, widely solicited opinions from all sides, in the near future formulated the "do a good job in 2010 cotton purchase credit" opinions. The "opinions" clarified the important policy of credit support for cotton purchase, and comprehensively deployed the new cotton annual purchase fund supply and management work, and asked all the main production and provincial branches to adhere to the principle of "purchasing, stabilizing the market, adjusting the structure and controlling risks", making preparations for each other, making every effort to support the acquisition of enterprises in the market and ensuring the smooth and orderly operation of the new cotton annual acquisition of credit.

The opinions stressed that all levels of banks should do a good job in the 2010 cotton annual acquisition and supply of credit funds, and effectively fulfill the policy functions of the Agricultural Development Bank's credit support for agriculture. First, we should take "differentiated treatment and preferential support" as the guiding principle, do a good job in the qualification confirmation of cotton purchase loan, arrange the funding point rationally, and announce it to the public in a timely manner, so as to facilitate the cotton farmers to sell new cotton. Two, we should effectively implement the credit plan and ensure the supply of purchasing funds. Each bank should do a good job in calculating the funds and make timely credit plans to ensure that the acquisition funds are fully in place. We should grasp the timing and quantity of acquisition loans effectively, and effectively promote the smooth operation of the cotton purchasing market. During the period of acquisition, it is necessary to strengthen communication with the PBC, cash agency and loan companies to ensure cash supply, especially cash supply for holidays and holidays, so as to ensure the smooth progress of the acquisition. Three is to strengthen the supervision of the loan payment link, actively communicate with the enterprise coordination, and urge enterprises to accelerate the settlement of cotton accounts, to ensure that cotton farmers can get the cotton sales in full and in time. Four is to continue to carry out third party supervision of cotton inventory, and gradually promote the warehouse receipt pledge, movable property pledge and other regulatory mode, and effectively improve. loan The level of material support.

"Opinions" pointed out that all levels of banks should fully understand the special situation faced by the 2010 cotton year, attach great importance to the work of cotton purchasing and credit, strengthen organizational leadership, deploy carefully, and make plans for acquisition work ahead of schedule. At the same time, we should go deep into the investigation and research at the grass-roots level, and grasp the new situations that appear in the new cotton purchase in time, accurately analyze and properly solve them. At present, the qualification confirmation of Agricultural Development Bank's acquisition loan has basically ended, which has laid a good foundation for the successful acquisition of new cotton year.