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home page > Industry trends > Hubei Provincial Branch Launches Ten Billion Yuan Plan for Enterprise Recovery

Hubei Provincial Branch Launches Ten Billion Yuan Plan for Enterprise Recovery

Source: Source network Author: Source Network Time: 16:33, April 22, 2022 Views: 1657

On March 28, Li Huan, head of capital at the headquarters of China Resources Hubei Pharmaceutical Co., Ltd., said, "Thanks to the low interest loan of 150 million yuan provided by China Construction Bank, it will not only ease the capital pressure of enterprises, but also save us about 2 million yuan in financial costs."

As a key epidemic prevention enterprise in the province, China Resources Hubei Pharmaceutical Co., Ltd. has distributed more than 200 million drugs and medical devices to Leishen Mountain Hospital, Huoshen Mountain Hospital, and various large class hospitals in Wuhan. "When the epidemic occurred, we made a lot of purchases and were short of funds. Now the company has obtained the support of the financing plan jointly launched by Wuhan Development Zone and China Construction Bank Hubei Branch, which will help the normal operation of the enterprise." Li Huan said.

A few days ago, the Management Committee of Wuhan Development Zone signed a cooperation agreement with the Hubei Branch of China Construction Bank on the "Enterprise Recovery Plan", which is intended to provide comprehensive financing support of no less than 10 billion yuan for enterprises in the development zone, fully support the enterprises in the development zone to return to work and production, and help the economic recovery.

The "Enterprise Assistance Resumption Plan" is another initiative launched by China Construction Bank to benefit enterprises and enterprises. The Resumption Plan includes: first, comprehensive docking assistance, 100% docking, comprehensive provision of financial services, and the provision of "cloud loans" exclusive product services for "inbound" small and micro enterprises, with a maximum of 30 million yuan of single household loans; The second is to continue to lend without withdrawing loans, and temporarily postpone the repayment of principal and interest on the stock loans of enterprises "entering the cabin"; The third is to reduce the loan price, aiming to centralize government policies and financial resources to help enterprises directly affected by the epidemic through bank government cooperation, and help them overcome difficulties and restore stable economic and social development.

The Management Committee of Wuhan Development Zone and the Hubei Branch of China Construction Bank will jointly establish a white list of "Enterprise Recovery Plan" and implement dynamic management. For enterprises included in the white list, CCB has provided special preferential policies in terms of approval process, credit scale, interest rate level, repayment of principal and interest, and continued to enhance the "hematopoietic" function of enterprises.

It is reported that CCB was the first state-owned bank to settle in Wuhan Development Zone (Hannan District). Since the outbreak of the epidemic, China Construction Bank has bravely acted as the financial vanguard in the field of epidemic prevention, timely responded to the emergency needs of enterprises and institutions under its jurisdiction, such as fund allocation and remittance, wage payment, etc., and actively applied for a comprehensive credit of 10.4 billion yuan for enterprises in the area. It has cumulatively invested more than 200 million yuan in special loans for epidemic prevention and control, and extended loans for 34 small and micro enterprises, It has made important contributions to the epidemic prevention and control and the resumption of production in the development zone.

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