On March 28, the reporter learned from the Shanghai Banking and insurance regulatory bureau that recently, the Shanghai Banking and Insurance Regulatory Bureau issued the notice on completing the work related to seamless loan renewal in Bank Of Shanghai Co.Ltd(601229) industry, promoting the incremental expansion of seamless loan renewal, reducing the comprehensive financing cost of small, medium-sized and micro enterprises, and realizing the seamless connection between loan maturity and loan renewal.
The circular puts forward the overall goal of “10 billion yuan”. In the first phase, 15 pilot banks within the jurisdiction were selected to focus on promoting the demonstration effect and expand the scope of promotion throughout the jurisdiction, that is, strive to achieve an increase of 10 billion yuan in the first phase of seamless renewal of loans, achieve an increase of 100 billion yuan in the whole jurisdiction of seamless renewal of loans in about one year, help market players save about 1 billion yuan in total, and establish a long-term mechanism of seamless renewal of loans in Shanghai. At the same time, we will effectively increase the proportion of “the number of non principal repayment renewal loans of inclusive type in the number of mature loans” and the proportion of non principal repayment renewal loans of inclusive type in the amount of mature loans “, so as to expand the coverage of non principal repayment renewal loans.
It is reported that the seamless loan renewal work will focus on promoting the loan renewal business without repayment of principal. On the basis of holding the risk bottom line, it will support the banking financial institutions within their jurisdiction to strengthen the innovative development and promotion of loan renewal products, and do a good job in the seamless connection of financing of small and medium-sized micro enterprises by means of T + 0, annual review medium-term flow loan and repayment with loan, so as to improve the matching of financial supply and demand.
The notice puts forward the “three zero principle” for the pain points and blocking points of renewal of loans, that is, on the premise of meeting the credit management requirements of all banks and controllable risks, “zero threshold application, zero fee handling and zero cycle renewal of loans”, focusing on treating customers’ applications equally and realizing the seamless connection of renewal of loans. Encourage market players to expand the coverage of renewal loans. During the pilot period and promotion period, qualified small and micro enterprises will be the main body of loan renewal without repayment of principal. At the same time, banking financial institutions within their jurisdiction are encouraged to provide corresponding services to medium-sized enterprises in need on the basis of controllable risk, including “specialized and special new” enterprises and science and technology enterprises.
The circular puts forward a number of management measures to address the current insufficient renewal service capacity. Including the implementation of “positive list” + “negative list” management to ensure that the seamless loan renewal method is used to support and serve the real economy, especially the small, medium-sized and micro enterprises with excellent growth and good reputation, which should be continued; Strengthen the management of “positive incentive” + “due diligence and exemption”, highlight the incentive of seamless renewal business, scientifically set the non-performing tolerance of seamless renewal loans, and guide and encourage grass-roots units to do practical things; Implement the “annual review system” + “spot check system”, strengthen the whole process management of credit, effectively control risks and prevent potential risks; Carry out “industry self-discipline” + “brand cultivation”, strengthen publicity and guidance, transfer the measures of benefiting enterprises and people to a wider number of financial consumers, and do a good job in the connection between supply and demand, so that more small, medium-sized and micro enterprises have a sense of gain.
In addition, the Shanghai Banking and Insurance Regulatory Bureau continued to strengthen the supervision and guidance, improve the supervision and assessment system of small and micro loan renewal business, and further improve the regulatory tolerance, strengthen coordination and optimize policy expectations for the risks caused by objective reasons in the process of loan renewal without principal repayment by banking financial institutions under its jurisdiction.
