Xinjiang Branch Of Agricultural Development Bank 2018 Cotton Purchase Loans To Achieve The Principal And Interest "Double Knot Zero"

In 2018, the Xinjiang branch of the Agricultural Development Bank (NGO) took the initiative to serve the reform of the cotton market and serve the reform of state owned enterprises in the Corps. It issued 2018 yuan of cotton purchase loans to 44 billion 200 million enterprises in 44 billion 200 million, and supported the acquisition of 3 million 190 thousand tons of cotton, accounting for 62% of the total cotton output in Xinjiang.

As the global economy continues to slump, the cotton market in 2018 is cold, the market price is falling, the inventory of enterprises is backlog, and capital turnover is difficult. The Xinjiang branch attaches great importance to the government and enterprises to discuss the quality development plan of the cotton industry through special meetings, seminars, seminars and other forms. As of August 28th, the Xinjiang branch of Agricultural Development Bank 2018 cotton purchase loans to achieve the principal and interest "double knot zero".

Unify our thinking and attach great importance to cotton promotion and loan collection. The Xinjiang branch of the Agricultural Development Bank has resolutely implemented the annual zero policy of the cotton purchase loan of the head office, and urged all relevant banks to take the initiative to enhance the political standing, actively support the development of Xinjiang's cotton industry, and effectively prevent and control market risks. Through policy guidance, communication and coordination with the government, find ways for business sales, and discuss countermeasures with enterprises to help enterprises to sell. We need to make progress in order to improve our understanding and take the promotion and loan collection as the most important part of the current cotton credit work. We should give full play to our initiative and grasp the initiative of our work and take effective measures to focus our efforts on tackling key problems.

Early deployment, do a good job in cotton promotion loan. After the 2018 peak of the acquisition period, the Xinjiang branch of the Agricultural Development Bank made timely research and deployment, adjusting its focus from cotton purchase to promotion loan. First, we should formulate different stages of cotton promotion and loan target plan, and set up monthly sales loan repayment plan by enterprises, and decompose the sales plan in recent months to ten days and ten days monitoring. Two, in July 4th, after the head office's interview area branch and the 5 two level branches, the grain and cotton oil department immediately formed a special interview report. On July 5, the Party committee of the District branch Party made a special report. The leaders of the Party branch Party Committee attached great importance to it, called for the convening of a special meeting immediately, and interviews with relevant banks and loan companies. Three, the July 6th District branch held a special conference on cotton promotion and loan, and instructed the two level branches that had not been broken down to report the implementation of the promotion and loan task by the enterprises, and worked out the zero time schedule for loans. At the same time, it was required that all clients except the corps and large group customers should be zeros at the end of 7 as planned. For enterprises that purchase and sale ratio is less than 70%, talk about the legal representatives of enterprises, find out the reasons for the slow progress of sales, and work out a feasible plan for promoting sales and loans.

Take measures to promote cotton sales promotion. In 2018, according to the principle of quick processing, quick sales and quick sales, the Xinjiang branch of the Agricultural Development Bank made comprehensive consideration of the actual situation of the local cotton purchasing enterprises compared with the high cost and low quality of the cotton purchasing enterprises of the regiment, and formulated the sales strategy of the local and post corps, and the initial promotion and loan collection basically met expectations. First, the June 12th district branch organized a symposium on "supporting the high quality development of Xinjiang's cotton industry", and proposed measures and suggestions to unimpede the industrial chain, boost market confidence, stabilize market expectations, and support the high quality development of Xinjiang's cotton industry. The two is a special report on the Xinjiang branch's 2018 cotton credit work. The three is the responsibility of compaction work. The four is to achieve the "double knot zero" of cotton loans in 2018 as soon as possible. The main leaders of the district branches interviewed leaders of key enterprises such as China cotton, Huafu and Lihua respectively. On this basis, they went to the first division, the fifth division and the seventh division of the Corps to discuss with the main leaders of the division, and urged the enterprises to increase sales of cotton. The five is to give full play to the role of large cotton spinning enterprises supported by district branches, organize large scale backbone purchasing enterprises, corps enterprises and cotton textile enterprises supported by regional branches to carry out production and marketing links, so as to realize the local sale of cotton. Six is to increase the focus on customer monitoring and inspection efforts. Establish a customer to customer statistical analysis and promotion loan regular notification system.