Bank Of Shanghai Co.Ltd(601229) industry and insurance industry jointly build a financial defense line against the epidemic

On March 17, the Shanghai Banking and Insurance Regulatory Bureau issued a document saying that since March, the local epidemic in Shanghai has shown a trend of multi-point distribution, multi chain parallel, hidden transmission and rapid spread, which is the most severe test since the normalization of epidemic prevention and control in Shanghai. Shanghai Banking and Insurance Regulatory Bureau issued a special notice, actively responded, made comprehensive deployment, coordinated the Bank Of Shanghai Co.Ltd(601229) insurance industry, did a good job in epidemic prevention and control and financial service guarantee, devoted financial efforts to “Shanghai” and jointly built a financial defense line against the epidemic.

First, shoulder the responsibility of Finance and unblock basic financial services. The Shanghai Banking and Insurance Regulatory Bureau requires the banking and insurance institutions under its jurisdiction to further improve their political position, correctly understand and judge the current situation of epidemic prevention and control, strengthen risk awareness, compact responsibilities at all levels, do a good job in various emergency plans, have a “big country” in mind, and ensure the smooth flow of basic financial services under special circumstances. All institutions within the jurisdiction shall upgrade the network protection measures, closely track the changes of the epidemic situation, and reasonably adjust the business network and business hours.

Second, highlight financial strength and increase support in key areas. The Shanghai Banking and Insurance Regulatory Bureau has guided the institutions under its jurisdiction to strengthen the supply of financial services, effectively ensure the emergency financing needs during the epidemic, and especially increase the support for key areas such as people’s livelihood security and Inclusive Finance.

Third, transfer the financial temperature and innovate the mode of epidemic prevention services. Shanghai Banking and Insurance Regulatory Bureau encourages institutions under its jurisdiction to actively innovate in the context of the epidemic, meet the needs of epidemic prevention services, enrich service methods, and meet the needs of enterprises and people’s livelihood.

Fourth, practice finance for the people and join the front line of voluntary anti epidemic. Shanghai Banking and Insurance Regulatory Bureau has always adhered to the people-centered development idea and guided the institutions under its jurisdiction to cultivate feelings for the people Bank Of Shanghai Co.Ltd(601229) the insurance industry takes the battlefield of epidemic prevention and control as an examination room for practicing the important concept of “people’s city”, takes the initiative and actively contributes to the anti epidemic strength of bank insurers.

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