Quanzhou Textile Footwear Industry Needs Credit Protection

According to the Quanzhou municipal government's "Document No. 1" notice on measures to promote the healthy development of the textile and footwear industry in 2015, all banking financial institutions should ensure that the credit growth rate of the textile and footwear industry in 2015 is not lower than that of the same period last year. Nowadays, under the strong impetus of the government, the textile and footwear enterprises in Quanzhou have basically handled their loans continuously, and the credit volume of the textile and footwear industry is higher than that of the same period last year.

The world economic situation is uncertain. When many banking financial institutions "tighten up their money bags", Quanzhou has not only reduced the credit scale, but also encouraged banks to continue to expand credit support to the textile, clothing and footwear industries with many promising market prospects, high technology content and strong innovation capability.

Under the new normal, credit resources gathering and allocation have become the focus of attention from all walks of life. For some time, Quanzhou has vigorously promoted the expansion of credit facilities by banking financial institutions and guaranteed the demand for real economy funds. According to the latest statistics of the Municipal Finance Bureau, as of the end of March, loans in Quanzhou amounted to 512 billion 808 million yuan, an increase of 14.79% over the previous year, an increase of 19 billion 825 million yuan compared with the beginning of the year.

Next, Quanzhou will continue to implement the State Council and the provincial government's mitigation. Financing difficulties "A series of measures to guide banking institutions to expand credit resources, and strive to expand product innovation with the banking sector. credit Approval and other powers to promote banking institutions to broaden the off balance sheet financing channels and expand the balance sheet. Financing scale Efforts should be made to expand the total amount of financing. At the same time, we should build financial support for the development of key industries such as the "CNC generation" and so on, and guide credit funds to tilt to key industries, key projects and key enterprises, and explore new ways of financial support for new urbanization and stone structure housing transformation.

While the credit expansion is expanding, Quanzhou actively integrates and makes good use of various risk and credit enhancement funds to improve the efficiency and magnification effect of limited funds. Quanzhou city and county level two funded the establishment of 270 million yuan of special credit and sub insurance funds to increase credit for enterprises, while sharing risks for banks.

It is worth mentioning that, in order to meet the emergency needs of enterprises, Quanzhou has squeezed funds from the financial sector, and the industry associations have added firewood to help them. The original planned 370 million yuan emergency loan repayment turnover fund has increased to 786 million yuan to meet the needs of enterprises to transfer loans. Now, it has passed 16 billion 700 million yuan for enterprises.

In addition to speeding up financial reform and innovation, and exploring measures to alleviate the financing difficulties of SMEs, Quanzhou has also actively strengthened cooperation between government, banks and enterprises, and implemented "one enterprise and one policy" and "one industry and one policy" to help enterprises solve the problem of financing at present. Last year, more than 40 enterprises were coordinated to tide over difficulties.