Financial work is political and people-oriented. For large state-owned banks, it is their duty to develop inclusive finance, continuously expand the breadth and depth of inclusive financial services, and strive to open up the "last mile" of basic financial services.
Strengthen capacity building.
Consolidate the foundation for inclusive development.
As the bloodline of the national economy, finance is also an important force to promote global excellence.
The second Digital Trade Fair, which just ended last month, brought together more than 800 global digital ** enterprises with the theme of "Digital ** Business Connects the World". As a national team for the development of inclusive finance and the main force of small and micro financial services, ABC Hangzhou Branch is a strategic partner and the only large state-owned bank participating in this year's Digital Trade Fair.
On the afternoon of November 23, the Agricultural Bank of China's "Puhui e-station 30" and "Zhangyin monthly active users exceeded 200 million" were selected as the first products of this year's Digital Trade Fair, and were officially released at the Agricultural Bank of China's digital inclusive financial product launch. Jiang Jianping, a senior expert from the Inclusive Finance Department of the Agricultural Bank of China, made a live demonstration.
With the concept of creating one-stop financial services as the core, the "Puhui e-station" has three main functions: "I want to open an account, I want a loan, and I want to sign a contract", and deploys three series of financing products innovated by the Agricultural Bank of China for small and micro enterprises, which can provide convenient and fast online loan application, progress inquiry, contract payment and other full-process financing services for the majority of small and micro enterprises. Up to now, nearly eighty percent of ABC's inclusive loans come from online products, of which more than 3 have been invested in "small and micro e-loans".2 trillion yuan, with more than 2 million loan customers.
Why launch a digital financial inclusion product?
Inclusive finance is currently a hot spot and focus of attention from all walks of life. Since the Third Plenary Session of the 18th Central Committee of the Communist Party of China in 2013 clearly put forward the "development of inclusive finance" to the recent financial work conference on inclusive finance as one of the "five major articles", emphasizing the need to use more financial resources to promote scientific and technological innovation, advanced manufacturing, green development and small and medium-sized enterprises. ** The "Implementation Opinions on Promoting the High-quality Development of Inclusive Finance" has also been issued to comprehensively deploy inclusive finance in the coming period.
In order to continuously improve the availability and coverage of financial services for small and micro enterprises, individual industrial and commercial households, and agriculture-related entities, and make every effort to provide inclusive small and micro financial services, ABC Hangzhou Branch has also continuously strengthened a series of guarantee systems such as the due diligence exemption mechanism and assessment and incentive mechanism for inclusive loans, and encouraged business outlets to form a business atmosphere that dares to lend and is willing to lend. Agricultural Bank of China Hangzhou Branch has been awarded the first rank in the evaluation of Hangzhou's contribution to supporting local economic and social development for six consecutive years.
Build "four beams and eight columns".
Deepen the reform of systems and mechanisms.
After the company went public, with the growth of business cooperation with ** merchants, the traditional settlement method spent a lot of manpower and business resources. After understanding the situation, the Hangzhou Branch of the Agricultural Bank of China contacted us as soon as possible and built a first-chain service system, which greatly met our settlement and financing needs with upstream and downstream customers. The person in charge of the financial department of Zhejiang Zhongkong Technology Co., Ltd. praised.
Zhejiang SUPCON Technology Co., Ltd. is a national high-tech enterprise and a national technological innovation demonstration enterprise, with products involved in petroleum, chemical and other fields, and will be listed in 2020.
The service is smarter, more efficient and more convenient. "Compared with the traditional payment model, the first chain finance relies on the credit of the core enterprise, integrates resources with the help of financial technology, and provides batch, automatic and convenient chain financing services for the upstream and downstream customers of the core enterprise chain based on the real transaction scenario of the first chain. According to the relevant person in charge of the Hangzhou Binjiang Branch of the Agricultural Bank of China, the first chain finance can not only serve the enterprises in the upstream and downstream industries of the first chain, but also realize the whole process of online reception, circulation and financing. Since 2021, relying on the credit of ZPCON in the Agricultural Bank of China, 43 ** businesses have obtained financing at a lower cost through the ** chain of the Agricultural Bank of China.
There is more than one similar case. Hangzhou Jingyuan Sub-branch of Agricultural Bank of China is the financial strategic partner of Hangzhou Xiao Elevator. In the past two years, Jingyuan Sub-branch has designed and launched a set of personalized and professional innovative financial service solutions in combination with the industrial development needs of enterprises and the goal of opening up all links of the upstream and downstream chains. Through the e-credit business of Xiao Elevator Financing, manufacturing loans have been issued to 23 upstream ** merchants59.6 billion yuan, including 2 agriculture-related loans5.2 billion yuan.
Bring the surface with the point, and form the body with the surface. Focusing on advanced manufacturing enterprises, scientific and technological innovation enterprises, leading enterprises in agricultural industrialization, and first-class procurement platforms, ABC Hangzhou Branch has established a chain quick loan product system covering "e-loan receivable", "financing e-credit", "factoring e-financing", "order e-loan" and "bill e-financing" for serving upstream and downstream merchants and sellers of the chain.
Focus on "short, small, frequent and urgent".
Promote the development of digital inclusion.
Commercial banks are one of the most important institutions to provide digital inclusive financial services to small and micro enterprises, and under the wave of digitalization, information technology is profoundly changing the development mode of inclusive finance for banking institutions.
Not only to give loans, but also to give quickly and cheaply. Regarding the common pain points of "difficult financing, expensive financing, and slow financing" in small and micro enterprise loans, the relevant person in charge of the corporate department of the Hangzhou branch of the Agricultural Bank of China was blunt.
In recent years, ABC Hangzhou Branch has continuously strengthened its services to manufacturing and small and micro enterprises, and has simplified approvals, tilted quotas, preferential interest rates and extended deadlines according to the actual situation and capital needs of enterprises.
In addition, the Hangzhou Branch of the Agricultural Bank of China also innovatively launched the ** digital RMB cultural tourism Huimin card, which integrates the three functions of scenic spot travel, cultural enjoyment, and business district shopping, and was selected as one of the top 20 national urban tourism excellent cases in 2022Based on the rich financial ecology created by ABC's mobile bank, it has attracted many active customers, and the monthly active customers of ABC's mobile bank have exceeded 200 million, ranking among the top in the industry. It is reported that in order to accelerate the use of digital yuan, the Hangzhou branch of the Agricultural Bank of China allocated 10 million yuan for special marketing expenses in Hangzhou, boosting the construction of key scenarios such as Hangzhou Cultural Tourism Huimin Card and Dawulin Business District, which has directly driven 100 million yuan of cultural tourism consumption and nearly 700 million yuan of comprehensive consumption.