Shanghai: 15 measures to benefit people and protect enterprises to help enterprises return to work and production

E company news, recently, the Shanghai Banking and Insurance Regulatory Bureau issued 15 measures to benefit the people and insurance enterprises, guiding the banking and insurance institutions within their jurisdiction to do a good job in financial services for the resumption of work and production. These measures include increasing credit supply, strengthening financial rescue efforts, reducing fees and profits, reducing comprehensive financing costs, and fully supporting freight logistics. For tourism, accommodation, catering, wholesale and retail and other industries greatly affected by the epidemic, we should strengthen research and judgment and do a good job in docking. For enterprises with development prospects and good reputation but temporarily suffering from working capital difficulties, we should not blindly withdraw, cut off and suppress loans.

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