On May 20, under the guidance of Meizhou central sub branch of the people's Bank of China, Wuhua County sub branch of the people's Bank of China successfully resolved a dispute over a financial loan contract based on the principles of resolving contradictions, equality, voluntariness, mutual understanding and mutual accommodation.
The borrower in this case, Mr. Wen, participated in the operation of an agricultural professional cooperative in Wuhua County and usually planted Camellia oleifera, fruit trees, tea and vegetables. Due to the needs of production and operation, he borrowed 45000 yuan from a financial institution in Wuhua County on March 28, 2016 for a period of three years and the maturity date is March 28, 2019. Due to the poor sales of its tea garden in recent years, it has led to financial difficulties. After many negotiations, Wen still owes more than 60000 yuan in principal and interest by April 20, 2022.
Both parties learned from Wuhua County People's court that Wuhua County branch of the people's Bank of China led the establishment of Wuhua County financial dispute people's mediation committee last year. In order to save litigation costs, they applied for mediation to the Mediation Committee Office (located in Wuhua County branch of the people's Bank of China) on May 10. After receiving the case, Wuhua County sub branch of the people's Bank of China took the initiative to understand the situation of the borrower in a comprehensive and detailed manner before mediation in line with the purpose of "finance for the people". While reasonably safeguarding the legitimate rights and interests of the bank, it took full account of the current economic downturn and the continuous impact of covid-19 pneumonia, carefully examined the authenticity and legitimacy of the legal relations of all parties, and patiently and carefully guided the mediation, Finally, the two parties reached a mediation agreement on the repayment method and time of loan principal and interest, and submitted it to the court for judicial confirmation, which finally resolved the disputes and contradictions between financial institutions and financial consumers and saved litigation costs for the parties.
This is the first mediation since the Wuhua County branch of the people's Bank of China, the Wuhua County People's court, the Wuhua County Judicial Bureau and the Wuhua County Financial Work Bureau signed the cooperation agreement on comprehensively promoting the diversified resolution mechanism of financial disputes in September last year and took the lead in establishing the Wuhua County people's Mediation Committee for financial disputes. In the next step, Wuhua County branch of the people's Bank of China will actively play a leading and coordinating role, further improve the working mechanism of diversified settlement of financial disputes, and further strengthen the governance of litigation sources of financial contradictions and disputes and the protection of consumers' rights and interests under the working framework of Wuhua County People's Mediation Committee for financial disputes.
