By the end of 2021, Industrial Bank Co.Ltd(601166) Pratt & Whitney’s small and micro loans had a balance of 298.8 billion yuan, an increase of 107.5 billion yuan in the same year, with a growth rate of 56%, both in the forefront of joint-stock banks; The loan interest rate will continue to decline by 41bp on the basis of a decline of 128bp at the end of 2020, which is at a low level of joint-stock banks, so as to realize the “increment, expansion, quality improvement and cost reduction” of loans for small and micro enterprises. At the end of the first quarter of this year, the bank’s inclusive small and micro loans increased by another 23.7 billion yuan over the beginning of the year, and continued to maintain a good growth momentum.
With its excellent performance in serving the real economy, especially small and micro enterprises, recently, in the people’s Bank of China’s evaluation of the implementation of small and micro enterprise credit policies of 21 national banking financial institutions in 2021, the excellent rate index of Industrial Bank Co.Ltd(601166) branches ranked first among the participating institutions.
In the face of the impact of the epidemic, Industrial Bank Co.Ltd(601166) successively introduced measures such as increasing credit support, reducing fees and transferring profits, and delaying the repayment of principal and interest, so as to accurately force, guard the “green mountain” and tide over the difficulties with small and micro enterprises. By the end of 2021, the bank had implemented deferred repayment of principal and interest for 19600 small and micro enterprises, with a deferred amount of 53.5 billion yuan and a deferred repayment rate of 42%, and reduced various handling charges for small and micro enterprises by 150 million yuan.
Epidemic prevention and control “do not meet”, financial services “do not close” Industrial Bank Co.Ltd(601166) deepen the integration of “Finance + technology”, actively explore a new model of digital inclusive financial services, and continuously improve the financing convenience and availability of small and micro enterprises. Relying on platforms such as “Xingye inclusive”, actively introduce the data and information flow of government, enterprises and other platforms, differentially develop the exclusive approval model of online financing, and launch personalized small and micro exclusive online financing services such as “contract loan”, “e-ticket loan” and “quick and easy loan”, so as to gradually reduce the dependence of small and micro enterprises on Financing collateral. At the end of 2021, the amount of online financing of the bank exceeded 10 billion yuan, and the number of loans accounted for 40% of all new inclusive financing customers to the public.
By the end of the first quarter, the bank had approved 441 enterprise loan needs through “technology flow”, with an approved amount of more than 45 billion yuan, turning “technology flow” into “capital flow”.
In terms of approval process, set up a small and micro exclusive credit process different from that of large and medium-sized enterprises, configure a full-time review and approval team, delegate approval authority, open a green lending channel, and implement the online transformation of “easy review and communication” business process, so as to further shorten the time limit of business handling and improve service efficiency.
