Lending Interest Rate Liberalized The Focus Of Textile And Garment Enterprises

"P", approved by the State Council, the people's Bank of China decided to fully liberalize the lending rate control of financial institutions since July 20th.

The specific content is: abolish the lower limit of the loan interest rate of the financial institutions 0.7 times, and the financial institutions independently determine the loan interest rate level according to the commercial principles.

We should abolish the discount rate control of bills and change the discount rate on the basis of the discount rate.

The upper limit of loan interest rate for rural credit cooperatives will no longer be set up.

In order to continue the strict implementation of differentiated housing credit policy and promote the healthy development of the real estate market, the floating rate of individual housing loan interest rates will not be adjusted temporarily.

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< p > this policy has immediately become a hot topic of concern in the industry of "a target=" _blank "href=" http://www.91se91.com/ "textile < /a > a target=" _blank "href=" target= ".

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Li Gang, executive director of the Henan apparel industry association and Henan International Chamber of Commerce Clothing Trade Association, looks at the central bank's interest rate liberalization. This is a good news for Henan, which has more than 10 thousand garment enterprises and more than 1400 a href= "http://www.91se91.com/news/index_c.asp" > textile enterprises < /a >.

This is of great benefit to promoting the development of the real economy and revitalizing the stock funds of the society.

Next, we are very concerned about what specific policies will be issued by commercial banks.

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"P > China Eastern < a href=" http://www.91se91.com/news/ "> silk market < /a > Deputy Secretary General Shen Ying Bao believes that one of the current development threshold of small and medium enterprises is capital.

After the liberalization of loan control, we believe that financial institutions will relax their loans to small and medium enterprises, and they will not be put into central enterprises, which will be good for small and medium enterprises.

But businesses are also worried that the lending rate will rise to some extent after opening, hoping to lower the financing rate of small and medium loan companies.

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< p > in the interview, we believe that lending interest rates will not have a great impact on enterprises.

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< p > > Wenzhou a href= "http://www.91se91.com" > Zheng Chenai, the president of the clothing trade association < /a >, said: "only letting the loan interest rate do not release the deposit interest rate, we are worried that banks will not have practical results in operation.

Symbolic significance is more important than reality, but it will not play a great role in enterprises, but it releases the central government's positive signal to support the real economy with financial capital.

As a more than 2000 garment enterprise in Wenzhou, financing difficulties and financing are the constraints that affect the development and pformation and upgrading of every enterprise. "

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< p > with the same view, Xia Zhilin, President of Shandong's < a href= "http://www.91se91.com > > textile industry < /a >.

He believes that banks will be classified as a prudent support for the textile and garment industry. Although lending rates are liberalized, banks will not lower the loan threshold for the textile industry under the tight financial situation.

He suggested that the state should introduce a subsidy policy for people's livelihood such as textiles. This will not only reduce the risk of bank loans to the textile industry, but also stimulate the enthusiasm of bank loans, help optimize the allocation of financial resources, give full play to the role of financial support for the real economy, and more effectively support the structural adjustment and pformation and upgrading of the textile industry.

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< p > the feeling of textile enterprises is more profound.

Zheng Yongcan, general manager of Shaoxing new Sanjiang dyeing and Printing Co., Ltd., told reporters: "the interest rate of the bank's downward float can't be seen for the small and medium sized textile enterprises." only the large central enterprises can get the loan of the benchmark interest rate downward from the bank, which will further reduce the financing cost of the large enterprises, and lead to better, better and worse.

At present, the dilemma facing textile enterprises is that when the labor and raw material costs are high, the international market is stagnant and the environmental pressure is high, and so on, the enterprises will not be able to make money. This is not a problem that can be solved by reducing interest rates and reducing taxes.

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< p > to solve this problem, it is a good thing for the banking industry to fully liberate loan interest rate control. In the short term, the impact of financing on SMEs is neutral, but in the long run, it is good news.

The demand for loans of large enterprises is gradually decreasing. More and more banks are lending to small and micro businesses. The supply of funds has increased, and the opportunities for small and micro enterprises to obtain loans have increased, and the cost will also drop.

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