Liu Mingkang: The Banking Industry Should Study And Formulate Differentiated Credit Policies.

Recently,

During his research in Gansu, President Liu pointed out that the serious flood and debris flow disaster in Zhouqu caused great losses to personnel and property and affected the hearts of the whole nation.

After the disaster, the financial institutions of the banking industry overcome difficulties and take the initiative to resume business in a variety of ways and provide financial services in a timely manner. This has played a key role in enhancing the confidence of the people in the disaster area to overcome the disaster and maintaining social stability.

In the next stage of post disaster reconstruction work, we must act in a highly responsible manner towards the people in the disaster area, and restore the financial services in the disaster area as soon as possible. We should do this work well, do it well, do it well and do it well.

For the loans that need to be restructured for disaster relief, we must seize the time and do credit support work according to the procedures according to the principle of marketization and on the basis of investigation and careful assessment.

For the infrastructure construction of pportation, electricity, water conservancy and farmland in post disaster reconstruction, we should give full play to the leverage of Finance and support the disaster area as soon as possible to restore production and life.

For housing reconstruction loans after disaster, we should make a scientific and reasonable arrangement for the loan period based on the redevelopment plan and implement the repayment sources. The interest rate should be scientifically determined according to the risk level so as to ensure that the loan principal and interest are recovered on time.

After the 5 / 12 earthquake, we should carry out the post evaluation of the housing reconstruction loan for the farmers, sum up our experience, earnestly draw lessons from it, guide the post disaster reconstruction work, and constantly improve the level of financial services after the disaster reconstruction.

President Liu stressed that the banking industry should be studied and formulated.

Chairman Liu fully affirmed the practice of the Gansu banking regulatory bureau to actively promote the syndicated loan.

He pointed out that, in view of the weak economic foundation of Gansu, the shortage of high-quality enterprises and projects, and the high degree of credit concentration, the banking financial institutions should further change their business philosophy, establish a correct view of risk, competition and income, and develop syndicated loans, strengthen mutual trust and cooperation, enhance bargaining power, avoid vicious competition, and further enhance their ability to support economic development and prevent credit risks.

President Liu stressed that we should pay close attention to the risk of farmers' housing reconstruction loan after the 5 / 12 earthquake.

The rural credit cooperatives and the Agricultural Bank should organize manpower to conduct a comprehensive due diligence investigation and find out the true situation of risks.

We should strengthen exchanges and exchanges with local governments and strive to replace the loans that should be remedied by civil affairs departments by local governments, prevent and control new credit risks, and maintain the sustainability of rural credit cooperatives supporting the "three rural issues".

During the investigation, the working group of the CBRC went deep into the disaster area of Zhouqu, looked at the disaster situation, understood the resumption of the banking financial institutions, analyzed and studied the difficulties and problems encountered by the banking financial institutions in the post disaster reconstruction, and instructed the banking financial institutions to further improve the financial services of post disaster reconstruction.