New regulations on extension of epidemic loans by the CBRC
Yes, commercial banks will extend the loans according to the instructions of the CBRC.
Legal basis:
"The General Office of the China Banking and Insurance Regulatory Commission on Further Improving the Financial Services for Epidemic Prevention and Control"
I. Improve the financial services to support the enterprises to resume work and production
(a) Fully support the expansion of production capacity of the enterprises in epidemic prevention and control. Closely around the epidemic prevention and control needs, do a good job of treatment drugs, vaccine research and development and other key areas of health care, as well as the production of important materials, transportation and logistics and other related enterprises financing support. We will make full use of the central policy, set up a special mechanism, fully authorize, take the initiative to dock, reduce financing costs, provide preferential interest rates and high-quality financial services, and support enterprises to restore production capacity and expand production. Encourage insurance organizations to provide preferential insurance services such as accident, health, pension and medical care for staff on the front line of epidemic prevention and control.
(2) Comprehensive services for enterprises affected by the epidemic to resume work and production. All banking institutions should plan ahead, keep abreast of enterprise information, optimize the credit process, reasonably extend the loan period, effectively reduce fees and interest rates, and support the affected enterprises to resume production and operation in an orderly and efficient manner. Encourage insurance institutions to support enterprises heavily affected by the epidemic to tide over the temporary difficulties by reducing fees and concessions, and moderately delaying premium payment time. Encourage banking and insurance institutions to actively expand their service areas and provide value-added services such as special products, professional consulting, financial management, and information technology support, taking advantage of the institutions' own strengths in more areas such as payment and settlement, financing planning, and production and marketing support. Focusing on major national strategies, we will accurately support projects that have an important role in driving macroeconomic and regional development. Increase the investment in manufacturing loans and strengthen supply chain financial services.
(3) Actively help small and micro enterprises and individual businessmen in distress. Do a good job of service docking and demand survey of small and micro enterprises and individual business households under the jurisdiction of the impact of the epidemic temporarily encountered difficulties, but still have good prospects for development of small and micro customers, and actively through the adjustment of the repayment and interest payment arrangements, moderately reduce the interest rate on loans, improve the extension of the renewal of the loan articulation and other measures to alleviate the difficulties of the help. The Company has also increased the tilt of internal resources in the field of inclusive finance, increased the "first loan rate" and the proportion of credit loans for small and micro enterprises, and further reduced the comprehensive financing costs of small and micro enterprises. The company has also stepped up its efforts to expand its business in corporate property insurance, production safety liability insurance and export credit insurance, so as to provide more protection for the production and operation of small and micro enterprises.
(4) Increase financial support for spring plowing and planting. In view of the characteristics of epidemic prevention and control in rural areas, we are actively meeting the demand for basic financial services in rural areas through a variety of online and offline methods. Increase the investment of agriculture-related loans, and make every effort to ensure that the production of agricultural by-products and the supply of agricultural materials for spring plowing credit capital needs. Encourage local banking institutions to establish agricultural products (5.790, -0.06, -1.03%) emergency production funds demand rapid response mechanism to support the supply of agricultural products during the epidemic to stabilize prices. Support insurance institutions to steadily expand agricultural insurance varieties, expand agricultural insurance coverage, and stabilize the production and management expectations of agricultural farmers and farmers.
Second, strengthen the application of science and technology, innovative financial services
(E) improve the efficiency of online financial services. Banks and insurance institutions should actively promote online business, strengthen the management and protection of network banking, mobile banking, small programs and other electronic channel services, optimize and enrich the "non-contact service" channels, to provide safe and convenient "at home" financial services. On the premise of effective risk prevention and control, explore the use of video link, remote authentication and other scientific and technological means, and explore the development of off-site verification, underwriting, signing, etc., so as to effectively realize that loans should be made as quickly as possible, and compensation should be made as quickly as possible.
(6) Strengthening offline support services and publicity and guidance. For customers who are not accustomed to using the online business, we should target good financial services, provide automatic maturity renewal of time deposits, staggered pension withdrawals and other convenient services. Improve the service functions of self-service machines, enlarge fonts, simplify pages, strengthen guidance, and reduce non-essential counter business processing. For customers who are already familiar with the use of various types of self-service machines and other offline services, banking institutions should be reasonably retained, and where they have been withdrawn, they should be effectively restored or provided with alternative service methods.
Concentration of efforts to overcome the difficulties of the time, the Bank of Credit and Insurance against the "epidemic" in action
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Editor's Note:
A war in a time of peace, a fully mobilization battle. The new coronavirus pneumonia epidemic has touched the hearts of the people, and the fight against it has become a national universal **** knowledge. The financial industry has responded positively to the war, with donations to institutions continuing to climb and morale rising. In addition to donations, major financial institutions combined with their own advantages, upgrading and refining the relevant financial services, adding bricks and mortar to the prevention and control of the epidemic, renewing the power. The action of cohesion and solidarity, the iron fist of all the people, **** the determination to overcome the difficulties, will eventually achieve the war "epidemic" victory.
The epidemic is the order, prevention and control is the responsibility. Recently, the People's Bank of China, the Ministry of Finance, the China Banking and Insurance Regulatory Commission, the Foreign Exchange Bureau jointly issued a "notice on further strengthening financial support for the prevention and control of the new coronavirus infection pneumonia epidemic", said the effective implementation of the central government to win the epidemic prevention and control of the spirit of the notice of the war of prevention and deployment of the work of strengthening financial support for the prevention and control of the epidemic work.
Since the outbreak of the epidemic, financial institutions have responded quickly to the war "epidemic". As a financial industry leader in the banking industry in the active action, open the financial green channel, the production of more than 100 billion yuan of loans to help small and micro-enterprise development, and continue to more powerful financial services to help fight the epidemic. The insurance industry also plays a professional advantage, for the "retrograde" to provide more than a trillion dollars of coverage, and actively expand the insurance liability, completed a number of new crown pneumonia claims; trust industry to explore the initiation of the establishment of a special charitable fund, the use of their own resources and shareholders advantages, to take a variety of ways to participate in the fight against the epidemic in the resistance war.
The bank opened the financial green channel
As the front-runner of the financial industry, the banking industry has launched various actions to fight the epidemic in an orderly manner.
Not only Chinese banks are taking active actions, foreign banks in China and mainland Taiwanese banks are also responding to the initiative. In addition to donating money and goods, more than 10 foreign banks and Taiwanese banks have also released a number of initiatives to provide high-quality financial services for the prevention and control of the epidemic.
For example, HSBC has utilized its global network advantage to deploy and procure anti-epidemic materials from home and abroad to improve the quality of material procurement; Standard Chartered Bank has given full play to its network advantage and business expertise, closely coordinating with a number of teams in Standard Chartered Singapore and South Korea, to help Chinese enterprises to urgently procure the materials needed for anti-epidemic purposes overseas.
Bank of East Asia, Hang Seng Bank and Fubon Huayi Bank have adopted a number of business preferential policies for epidemic prevention and control, such as waiving the handling fees for epidemic-related donations and remittances for medical purchases, as well as transfers and wealth management for customers in Hubei, adjusting the upper limit of the amount of systematic payments, opening a green approval channel, and providing comprehensive credit to enterprises engaged in epidemic prevention and control; and J.P. Morgan has offered financial assistance for the procurement of anti-epidemic materials and the support of healthcare workers and patients' families, among others. and patients' families, etc.
Secondly, in addition to the rescue of funds, banking and financial institutions are also active in increasing credit support through the adoption of emergency loans, special loans, etc., to fully protect the financing needs of the epidemic prevention and control enterprises.
Association data show that as of Feb. 4, the banking industry has issued more than 160 billion yuan of loans to prevent the epidemic and support the production of related enterprises. Meanwhile, a number of banks have cut interest rates on loans for inclusive small and micro enterprises in Hubei province by 0.35 to 0.5 percentage points on top of the existing rates.
Of these, the State Development Bank to combat the epidemic credit support 24.9 billion yuan; China Agricultural Development Bank and the Export-Import Bank of China to combat the epidemic credit support totaling 10.067 billion yuan; industry, agriculture, construction and transportation and postal reserve six large state-owned commercial banks to combat the epidemic credit support totaling 34.862 billion yuan; China Merchants Bank, Everbright, Industrial and other 12 joint-stock banks to combat the epidemic credit support totaling 56.437 billion yuan; 34 city commercial banks and private banks provided 17.198 billion yuan of special credit for epidemic prevention and control; and the nation's agricultural credit institutions provided 17.306 billion yuan of credit support by providing credit to related enterprises.
For example, Wuhan Agricultural and Commercial Bank issued the "Twelve Measures for Strengthening Financial Services for Epidemic Prevention and Control", arranging a special credit line of 3 billion yuan for the issuance of loans for medical equipment and epidemic prevention and control.
Again, in order to ensure the efficient and timely disbursement of funds during the special period, a number of banks have also set up credit, exchange and other financial services for the relevant enterprises "green channel", and the allocation of personnel, special handling, to ensure that the relevant funds can be the first time to reach the infected area.
For example, since the outbreak of the epidemic, CCB has opened a green channel for credit approval for a number of related enterprises, and the bank's Shanghai Pudong branch has completed the approval of 25 million yuan of liquidity loans for agricultural and sideline products and other related corporate clients through special handling and urgent handling of special matters, under the coordination of multi-departmental linkage to ensure that the people's "food basket" product supply; at the same time, it has also set up special staff to ensure that the relevant funds can reach the infected areas in the first time. "Product supply; at the same time, only 2 days to complete the issuance of 100 million yuan of working capital loans to meet the needs of the medical expansion of production, so that the enterprise's 2 CT equipment the first time into the Wuhan Vulcan Mountain Hospital.
Industrial bank through the development of cross-border financial services green channel, for Beijing, Shanghai, Hainan, Anhui, Heilongjiang and other provinces and cities of a number of enterprises in the global procurement masks, import disinfection equipment, disinfection towels and other protective materials, to provide high-speed convenient financial services, so that the medical protective materials as soon as possible in place.
According to incomplete statistics, during the Spring Festival, the bank has handled cross-border medical supplies imported for more than a dozen enterprises to pay foreign exchange business, the amount of the total equivalent of more than 12 million yuan.
Finally, considering that the epidemic has caused a greater impact on the economy in the short term, and has brought a severe test to small and medium-sized micro-enterprises with a weaker ability to cope with risks, financial institutions in the banking sector have made concerted efforts to respond to the government's call to actively assist the development of small and medium-sized enterprises affected by the epidemic through a multi-movement and differentiated financial service approach, including:
One is to optimize the way of loan business. For the wholesale and retail, accommodation and catering, logistics and transportation, culture and tourism industries that are greatly affected by the epidemic, as well as enterprises that have development prospects but are temporarily in trouble, a number of banks have indicated that they will not withdraw, cut off or suppress their loans, and will actively provide full support through extension of time, renewal of loans with no repayment of principal, credit restructuring, and remission of overdue interest. For example, Pudong Development Bank for Wuhan customers designed a "non-repayment loan renewal" exclusive business program, the enterprise does not need to return the original loan principal to complete the renewal of the loan, the renewal of the loan period extended by one year, and to give the borrowing enterprise the most favorable interest rate.
The second is to reduce the interest rate of enterprise loans. In order to reduce the impact of the new Crown pneumonia epidemic on small and micro enterprises under the jurisdiction of Hubei, enhance the vitality of small and micro enterprises, Agricultural Bank of China, Construction Bank of China, Bank of Communications, Bohai Bank and a number of banks have said that the Hubei Province, inclusive of small and medium-sized enterprises, self-employed businessmen and private entrepreneurs operating loans, in the existing interest rate based on a downward adjustment of 0.5 percentage points, to reduce the cost of small and medium-sized enterprise financing. Zhejiang online business bank for 1.5 million Hubei small store and is fighting the epidemic of 300,000 medicine class small store, do not draw loan constantly loan, and the interest rate down by 10%.
Insurance companies to complete a number of new crown pneumonia claims
After the outbreak, the insurance agencies acted quickly to donate a large number of donations to the key areas, donate goods, and donate insurance to the health care workers, to support the work of the fight against the epidemic.
On February 4, the first batch of medical supplies donated by Taikang arrived at Leishenshan Hospital in advance, including 10,000 pieces of isolation suits and 20,000 pieces of other medical supplies, costing a total of RMB 4 million yuan, which will be delivered in batches. As of February 5, Taikang Insurance *** donation of 30 million yuan, donated 10 million yuan and Wuhan medical personnel special insurance, to the first batch of nearly 700 journalists fighting in the epidemic prevention and control of the front line to donate a year's coverage of 200,000 life insurance.
On February 4, China Insurance's "Glazed Light Epidemic Prevention and Control Insurance Donation Program" was formally launched, providing 20 million customers and 500,000 front and back line business partners with a free coverage of 200,000 yuan per person, with a cumulative insured amount of 4 trillion yuan and an insurance period of 90 days.
As of February 5, China Dadi Insurance has donated exclusive insurance to traffic police and journalists fighting against epidemics in Hubei and Shanghai, with a cumulative sum insured of nearly 5 billion yuan. Recently, China Dadi Insurance has also donated exclusive insurance coverage to 1,200 traffic police officers of the Traffic Police Headquarters of Shanghai Municipal Public Security Bureau, compensating 500,000 yuan per person and 100,000 yuan per person for accidental injuries to traffic police officers who died due to infection with the new coronavirus, with a total sum insured of 720 million yuan.
The second is to actively expand insurance liability. In addition to donations, donations and gifts of insurance, the insurance companies have also actively responded to the call of the CBIRC, and continue to come with good news about the expansion of insurance responsibilities.
On February 3, the Life Insurance Department of the China Banking and Insurance Regulatory Commission (CBIRC) issued a notice requesting life insurance companies to optimize the claims standard of existing products and expand insurance responsibilities appropriately.
Nearly 40 insurance companies, including Ping An Life, Xinhua Insurance, Sunshine Life, Pearl River Life, Kunlun Health, JunKang Life and Chang'an Liability, have released news about the expansion of insurance liability according to the needs of the epidemic.
On Feb. 4, Ping An Life announced that it would offer 10 million free quota places for the "E Road to Peace Insurance Plan". The insurance program expands the liability of Ping An Le Traffic Accident Insurance by expanding the liability to cover new coronavirus pneumonia on top of the original product liability. According to the extended liability, the insured person can receive a maximum benefit of 100,000 RMB in case of death or disability due to pneumonia caused by the new coronavirus. The insurance plan covers people aged 0-65 years old and the insurance period is 90 days.
On Feb. 5, Xinhua Insurance released a news release that Yijiazhu and Anxinzhu insurance products plan extends the insurance liability to death and disability caused by new coronavirus pneumonia on the basis of the original insurance liability. In addition, Sun Life has completed its first claim on Feb. 4 for the extension of liability for critical illness insurance.
China Life said that as of Feb. 1, the company ****found 126 customers suspected or diagnosed with new coronavirus pneumonia, involving 13 provinces. And it has completed the claims of eight sick customers and front-line anti-epidemic personnel, including five in Hubei, and one each in Zhejiang, Guangdong and Inner Mongolia. The Hubei branch paid out more than 860,000 yuan in insurance benefits to three customers, with the fastest claim taking only two hours from contacting the customer to the arrival of the insurance benefits.
China Taiping Life, a subsidiary of China Taiping, has also fast-tracked four cases of medical insurance claims for pneumonia involving new coronavirus infections, with a cumulative total of 126,500 yuan paid out. At present, China Taiping donated to Wuhan health care workers "medical care" insurance received a report of 132 people, has quickly completed the Wuhan Municipal Central Hospital, Wuhan City Hospital, two cases of health care workers claims, 50,000 yuan per person, for the fight against the epidemic of front-line health care workers to send a ray of insurance care.
As of the evening of Feb. 3, Ping An's insurance company had completed 13 cases of new coronavirus pneumonia claims, with a combined payout of more than 740,000 yuan, and all of them were completed online, avoiding the need for personnel to go out and communicate with each other.
As of February 1, China Taipao *** received reports from 42 life insurance customers in 15 branches, and completed the first single death benefit on the same day in just 15 minutes. At the same time, China Taipao General Insurance Hubei Branch for the drought losses suffered by the Chinese herbal medicine enterprises to quickly start a green claims channel, just two days to reach a payout of 5.98 million claims agreement, and on January 21, prepaid claims of 5 million yuan.
Setting up a special charitable trust
***War on the epidemic, the trust industry is in action.
After the launch of the establishment on January 26 (the second day of the Lunar New Year), in just two days, the first two phases of the special charitable trust fund-raising has reached 22.1 million yuan. January 28, the third phase of the charitable trust fund-raising is completed, the **** 18 trust companies to participate in the fund-raising amount of a total of 8.7 million yuan.
So far, the total number of trust companies involved in the establishment of special charitable trust has reached 61. Subsequently, these 61 trust companies will ****together as the trustees of the special charitable trusts, under the guidance and organization of China Trust Industry Association, participate in the whole management of the charitable trusts through the establishment of the trustee management committee.
It is worth mentioning that Guocong Trust, headquartered in Wuhan City, Hubei Province, donated 1 million yuan and acted as the trustee of the said charitable trust.
The relevant person in charge of Guocong Trust said that the company immediately decided to fund and initiate the establishment of the charitable trust after learning about the shortage of epidemic prevention materials. In the trust industry association and trust industry support, the company acted as trustee to launch the establishment of special charitable trust, support Hubei prevention and control of new coronavirus infected pneumonia help relief work.
"As a financial institution headquartered in Wuhan, a large number of the company's employees are located in Wuhan and neighboring counties and cities, and have a very deep affection for Hubei and Wuhan, and we must be in the forefront in the fight against the epidemic." China Communication Trust relevant person in charge said.
The China Trusteeship Association pointed out that the purpose of the special charitable trust is mainly to prevent and control the epidemic by the new coronavirus pneumonia, and relief from the damage caused by it. The direction of the trust property use includes donations to charitable organizations and medical systems that can legally accept donations related to the epidemic prevention, control and treatment institutions, to medical staff, volunteers and the public to issue protection against the epidemic, compassionate families who died due to the epidemic, the end of the epidemic for medical research, emergency relief, and other public **** health undertakings, charitable trusts to take the open-ended, can be subject to additional charitable funds.
At present, the first batch of funds for the relief program has been completed. At the same time, the special charitable trust is docking other funding projects in line with the purpose of the trust, strict screening, speed up the implementation and accurate placement.
On January 25, Cedar International Trust, a subsidiary of Cedar Holdings, donated 10 million yuan of funds to the Wuhan Charity Federation through the Guangzhou Charity Association, and donated the first batch of medical supplies to the Wuhan Red Cross Society, including 40,000 disposable medical surgical masks, 5,000 N95 masks, and 200 pieces of protective suits, which were used for the prevention and control of epidemics in Wuhan.
On January 26, CITIC Trust and its subsidiary CITIC Prudential Fund donated 12 million yuan, of which 10 million yuan was donated to the Wuhan Charity Federation, and 2 million yuan was donated to the Huanggang Charity Federation; on the same day, AVIC Trust donated the first batch of materials to Wuhan Red Cross--new type of coronavirus nucleic acid testing reagents. On January 27, Everbright Trust donated the first 3.5 million yuan to the epidemic area in Hubei to support the fight against the new pneumonia epidemic.
The team of support is still expanding.On February 6, Ping An Trust said the company set up an epidemic prevention leading group headed by Yao Guiping, secretary of the company's party committee and chairman of the board of directors, at the first time. The company joined hands with a number of invested enterprises in the medical, environmental protection, highway and other industries, to take practical action to fully commit to the war "epidemic" to help win the epidemic prevention and control of the battle against the war.
What is an emergency loan?
Emergency refinancing business refers to the short-term capital financing services provided for the short-term repayment and renewal of loans for small and medium-sized enterprises (including individual businessmen) that meet the bank's credit conditions and are about to expire while repaying the loan in full with temporary difficulties. Micro, small and medium-sized enterprises (MSMEs) are the driving force of the national economy and social development, and an important force in expanding employment, improving people's livelihood and promoting entrepreneurship and innovation. The CPC Central Committee and the State Council attach great importance to the development of SMEs and have introduced a series of policies and measures that have achieved positive results. Since 2014, including Shandong Province, Zhejiang Province, Guangdong Province, Jiangsu Province, Hunan Province and other provinces and municipalities, have set up the corresponding transfer fund, the size of which ranges from 20 million to 1 billion, to vigorously support the local small and medium-sized micro and medium-sized enterprises, and to effectively solve the local small and medium-sized micro and medium-sized enterprises enterprises, "financing is difficult, financing is expensive" and other issues. However, with the changes in the international and domestic market environment, especially since 2020 by the impact of the new crown epidemic, micro and small enterprises financing difficult and expensive financing problems are particularly prominent.
I. Loan conditions refers to the conditions that the borrowing unit or individual should have to borrow from the bank. The bank's current loan conditions are:
(1) approved by the competent authorities to set up, hold a business license issued by the industrial and commercial administration department above the county, the implementation of the state industrial production license products, enterprises to obtain a production license, that is, the object of the loan should have the legitimacy;
(2) the implementation of an independent economic accounting, with the use of funds, production and business management of the self, that is, loan The object has obtained legal personality, bear clear economic responsibility;
(3) have a certain amount of their own liquidity, the establishment of liquidity replenishment system, that is, the object of the loan should have the ability to normal operation and risk-bearing;
(4) open an account in the bank, and on time to the bank to submit financial and accounting statements and statistics, that is, the object of the loan should be subject to the supervision of the bank.
The conditions for applying for a loan to buy a house:
1. Natural persons aged 18-60 (Hong Kong, Macao, Taiwan and foreigners are also eligible).
2. Stable occupation, stable income, the ability to repay the loan principal and interest on schedule.
3. The actual age of the borrower plus the maturity period should not exceed 70 years.
4. Have legally valid contracts and agreements for the purchase, construction and overhaul of housing, as well as other supporting documents required by the lending bank.
5. Have self-financing funds of more than 30% of the total price of the purchased housing (for the purchase of owner-occupied housing with a floor area of less than 90 square meters, the proportion of self-financing funds shall be 20%) and guarantee that they will be used to make the down payment for the purchased housing.
6. There are assets recognized by the lending bank for or, or (and) legal persons, other economic organizations or natural persons with sufficient ability to pay on behalf of the guarantee.
I would like to ask the epidemic online loan can not pay how to do
Can be negotiated in installments or delayed.
The Banking and Insurance Commission issued a "notice on strengthening financial services in the banking and insurance industry to cooperate with the prevention and control of the new coronavirus-infected pneumonia epidemic" on January 26, which made it clear that the people affected by the epidemic who have temporarily lost their source of income should be given appropriate preference in credit policy, and flexible adjustment of housing mortgage, credit cards and other personal credit repayment arrangements, and reasonable postponement of repayment period.
That is to say, if you are affected by the epidemic, temporarily no source of income, then it is possible to reasonably late repayment of mortgage, credit card.
The Banking Association on the 27th issued an initiative letter to all members, encouraging for the participation in the epidemic prevention and control of health care workers, government workers and the impact of the epidemic temporarily lost their source of income, in the epidemic period of personal loans, credit card overdrafts occurring overdue, reasonably late repayment period, is not regarded as a breach of contract, and does not enter into the list of defaulting customers.
At the same time, it also called for the issuance of emergency loans or special loans to areas with serious epidemics, giving special interest rate concessions and reducing or waiving relevant handling fees.