Agricultural Development Bank Xinjiang Branch 10 Billion Yuan Production Loans To Support Spring Ploughing

Learned from the Xinjiang branch of the Agricultural Development Bank of China: Recently, the Xinjiang branch of the Agricultural Development Bank issued measures to strive for a total of 10 billion yuan in this year's spring ploughing production loan. From October last year to February 22nd this year, the bank has approved 2 billion 21 million yuan for spring plowing and farming loans, supporting chemical fertilizer reserves, water-saving irrigation, land transfer and large-scale operation.

"For the agricultural enterprises affected by the epidemic, we should first do" no credit, no loans, and continuous loans ", and formulate financing support programs to help enterprises tide over difficulties. Du Yankun, governor of Xinjiang branch of Agricultural Development Bank, said.

For the spring production loan, the Xinjiang branch of the Agricultural Development Bank has priority in protecting credit resources and lending power, and is included in the emergency channel. At the same time, the bank also launched five major measures to reduce costs and allow profits to effectively reduce the burden on enterprises. Preferential policies for the interest rate reduction of the loans to support agriculture are provided, and preferential policies are included to ensure that the enterprises are given preferential interest rates and differentiated authorization.

On credit product innovation, the Xinjiang branch of the agricultural development bank will make comprehensive use of credit products such as large-scale land management, high standard farmland construction, agricultural science and technology, rural circulation system construction, and wholesale loans for the poor, so as to provide high-quality and efficient policy financial services for spring production. "Around the production base construction, we will promote the scale of land management mode; focus on cold storage, agricultural machinery services and other downstream leading enterprises, especially the corps cotton enterprises and production bases to work closely to promote the order agriculture mode; focus on the spring plowing production organization, especially the new type of production organization, promote the cooperative + mode, effectively and accurately support the spring ploughing production, and strive to finance the agriculture. Changes in the mode of production. " Du Yankun said.

It is reported that the Xinjiang branch of the agriculture development bank also combines the support of spring ploughing production with the help of tackling poverty alleviation, makes full use of the poverty alleviation policy, makes good use of the poverty alleviation and loan funds, and increases the support for the spring ploughing production in the southern Xinjiang, especially the poor counties without hat removal.