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New Cotton Annual Acquisition Of Credit By Agriculture Development Bank

2010/9/20 14:48:00 43

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2010 cotton year has arrived, the Agricultural Development Bank attaches great importance to it.

cotton

The acquisition of credit, a month ahead of the previous year, held a new cotton credit working conference for the new year. On the basis of thoroughly studying the market situation and extensively soliciting opinions from all sides, the newly issued opinions on the 2010 year cotton purchasing credit work were formulated recently.

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.

"Opinions" stressed that all levels should conscientiously do well in the 2010 cotton year.

Acquisition credit

The supply and management of funds should effectively carry out 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 grower

Timely and full sale of cotton sales.

Four, we should continue to carry out the third party supervision of cotton inventory, and gradually promote the supervision mode of warehouse receipt pledge and movable property pledge, so as to improve the material guarantee level of loans effectively.

"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.