With the increasing importance of inclusive finance, whether it actively practices inclusive finance has become a key factor to measure a bank's ability to provide financial services, and PSBC is one of the leaders. Behind the handing over of the dazzling answer sheet, it is inseparable from the inclusive gene that is deeply rooted in the blood of the Postal Savings Bank.
10 years of together, 10 years of riding the wind and waves.
Looking back at the 10 years since the "development of inclusive finance" was proposed, the Postal Savings Bank, as an advocate, pioneer and active practitioner of inclusive finance, has injected an inexhaustible vitality into the cause of inclusive finance.
2023 marks the 10th anniversary of the official proposal to develop inclusive finance. At the recent first-class financial work conference, it was proposed to do a good job in science and technology finance, green finance, inclusive finance, pension finance, and digital finance, which fully reflects the country's great attention and ardent expectations for the development of inclusive finance in the future.
Looking forward to the future, the bank, which has already integrated inclusive genes into its own bloodline, will ride the wind and waves and continue to move forward and contribute to the realization of the people's yearning for a better life.
The "Inclusive Gene" continues to evolve
In the banking industry, inclusive finance has become a "touchstone" to test the effectiveness of operations, and how a bank practices inclusive finance has been clear since its establishment.
The Postal Savings Bank, which continues the red blood of the postal service for a hundred years, has always firmly engraved the inclusive financial gene in its bones and integrated it into its blood.
In 2007, on the basis of reforming the original postal savings system, the Postal Savings Bank was formally established, positioning itself to serve the "three rural", urban and rural residents and small and medium-sized enterprises. Since its establishment, the Postal Savings Bank has changed the "people are suspicious of subtlety, and I would rather be cumbersome;" a hundred years agoDo not strive for big profits, but seek stability" into the mission of "inclusive urban and rural areas, so that financial services have no distance".
In 2007, the first small loan was issued, in 2008 the small loan was promoted nationwide, in 2009 the first small enterprise credit center was established, in 2016 and 2021 respectively the three rural financial division and the inclusive finance division were established, and the inclusive financial services were rapidly transformed to systematic and professional.
Today, PSBC has formed an inclusive financial service system led by the Strategic Planning Committee of the Board of Directors, coordinated by the Rural Revitalization and Inclusive Finance Management Committee, with the Inclusive Finance Division and the Rural Finance Division as the main body, with the synergy between the post and the bank, the total score, and the mother and child.
Relying on the resource endowment, the Postal Savings Bank has established a service network that is deep enough and covers a wide enough areaNearly 40,000 business outlets cover about 99% of China's counties (cities), of which 70% are in counties and below, and the Postal Savings Bank has become the main bank for many remote areas to obtain modern banking services.
Of course, PSBC's inclusive financial development results have also been widely recognized by all sectors of society: Ningxia Caichuan's financial model has been selected as a typical case of China's inclusive finance to help alleviate poverty, and has been included in the United Nations poverty alleviation and development course for developing countriesThe "agricultural industry chain finance" model and the general credit model of farmers were selected as the innovative model of financial support for agriculture by the Ministry of Agriculture and Rural AffairsIn 2023, it won the "SME Financial Institution of the Year Award" in the "Global SME Finance Awards", the Silver Award in Asia and the "Product Innovation Honorable Mention".
Supporting farmers and rich peasants with "down-to-earth" products and services
The Postal Savings Bank is waving its "wings" of inclusive finance and allocating more financial resources to the key areas and weak links of the "Three Rurals".
At present, rural financial services are still one of the key areas of China's financial institutions, and banking financial institutions need to put the improvement of the rural financial service system in a prominent position.
As a representative of going deep into the countryside, in recent years,PSBC has accelerated the digital, intensive and scenario-based transformation of the "Three Rural" finance, built a unique rural financial service system, and formed a characteristic business model to serve rural revitalization, such as an active credit model, a whole village credit model, an online and offline organic integration model, and a collaborative service model.
It should be noted that in the process of comprehensively promoting the rural revitalization strategy, financial support does not mean "flood irrigation", and only by accurately sending funds to the front-line areas most needed for rural revitalization can the economic benefits of land be brought into full play.
In the navel orange planting base of Xueguan Village, Jichang Town, Qinglong County, Guizhou Province, on the navel orange trees all over the mountains, the yellow and clear navel oranges bent the branches, all big and full, the color is attractive, the breeze blows, and it is full of sweet smell.
This year's navel orange production and income scale have increased significantly compared with previous years, thanks to the timely help of the Postal Savings Bank to help us solve the problem of capital turnover in the process of expanding the scale of planting. Mr. Zhou, the owner of the navel orange orchard, said gratefully.
And a big grower like Mr. Zhou is just a microcosm of the Qinglong County Branch of the Postal Savings Bank to support the thriving growth of the navel orange industry in Qinglong. In recent years, the bank has broadened its financing channels by innovating the "Navel Orange Industry Loan" and creating credit villages, and has continued to inject sweet "financial living water" into the development of the local navel orange industry. As of the end of September 2023, the bank has issued a total of 63.2 million yuan of loans to the Qinglong navel orange industry, helping the navel orange industry to bear sweet "rich fruits".
In order to do a good job in the "local specialty", the Postal Savings Bank relies on the "four-in-one" resources of business flow, logistics, capital flow and information flow of the postal group, and actively adopts digital methods to vigorously promote "industrial loans" and formulate exclusive service plans for characteristic industries around the characteristic industries of "one county, one industry, one village, one product".
The data shows thatAs of the end of September 2023, the balance of Postal Savings Bank's agriculture-related loans reached 211 trillion yuan, accounting for about a quarter of the total customer loans, accounting for the top of the state-owned banks;More than 300,000 credit villages have been built, and more than 10 million credit users have been assessedPersonal micro-loan balance 138 trillion yuan, an increase of 2,408 from the end of the previous year0.2 billion yuan.
In the tide of helping rural revitalization, the Postal Savings Bank has seen the details and made a fuss around the word "agriculture" based on its own resource endowment and positioning, injecting financial impetus into the rural economy and contributing to the beautiful villages.
Drive small and micro enterprises to the sun
The small and micro economy is an important part of China's economy, and banks undoubtedly play a key role in promoting the development of small and micro enterprises.
As a pioneer and active practitioner of inclusive financeThe Postal Savings Bank adheres to its original intention of serving the development of the real economy, irrigates small and micro enterprises with a steady stream of financial water, and drives small and micro enterprises to grow vigorously in the sun.
In order to solve the long-term problems of difficult and expensive financing faced by small and micro enterprises due to information asymmetry, risk asymmetry and asymmetry between income and cost, PSBC focuses on the financing needs of upstream and downstream small and micro enterprises of core enterprises, uses data such as information flow, logistics and capital flow in the industrial chain scenario to deeply analyze the operation of small and micro enterprises, innovate financial service products, and provide convenient online financing for upstream and downstream customers of core enterprises or customers in industrial clusters.
The data shows thatAs of the end of September 2023, the balance of inclusive small and micro enterprise loans of the Postal Savings Bank was 141 trillion yuan, serving more than 2 million customers.
It is worth mentioning that in the small and micro economy, science and technology enterprises, as the main body of technological innovation, play an increasing role in the high-quality development of the economy, however, the start-up stage of science and technology enterprises generally operate with light assets, large R&D investment and large capital demand, but the characteristics of light assets and no traditional collateral make it difficult for many enterprises to meet the financing threshold.
So how to solve the "problems" encountered by technology companies in finance?In this regard, the Postal Savings Bank handed over a brilliant "answer sheet".
By building the "U Yichuang" science and technology innovation financial service system, the Postal Savings Bank has set up five categories of product service lines: "U Chuangrong", "U Venture Capital", "U Chuangtong", "U Chuangfu" and "U Chuanghui" to provide a full range of services for science and technology enterprises.
The data shows thatAs of the end of September 2023, PSBC has served more than 650,000 households, with a balance of more than 300 billion yuan in specialized, specialized, special and new and scientific and technological innovation loans.
Let us turn our attention to the "fresh" individual under the macro data, as the most comprehensive disinfection and sterilization service provider with the most complete disinfection and sterilization technology in China, Nanjing Joy Technology Co., Ltd. (hereinafter referred to as "Joy Technology") in the development process, the financial support of the Postal Savings Bank has played a key role.
It is understood that the credit line of the Postal Savings Bank of China for Joy Technology has gradually increased from the initial 2 million yuan, and only this year, the Postal Savings Bank has reached 30 million yuan in the credit line of science and technology innovation loans for Joy Technology, and has also carried out cooperation in many aspects such as fund settlement and salary payment.
Polishing online financial services with the "craftsman spirit".
In the context of the deepening digital transformation of the financial industryThe development of financial technology can make banks' inclusive financial services more convenient, and it is also the only way to solve the traditional problems of "two highs and one low" of high risk, high cost and low return of inclusive finance.
In recent years, PSBC has actively implemented the strategy of developing the bank through science and technology, continuously increased investment in fintech innovation, insisted on investing 3% of its annual operating income in the field of information technology, made every effort to promote the empowerment of financial technology, continuously improved the level of financial services, and injected strong technological momentum into the digital transformation and high-quality development of the bank.
When Ma Shuncai, the person in charge of a quinoa biscuit production company in Qinghai, faced with the problem of insufficient funds, the Postal Savings Bank took the initiative to grant credit and provided him with 200,000 yuan of financial support through a "quick loan". Ma Shuncai said that he uploaded the materials on the mobile banking of the Postal Savings Bank, and the loan arrived in less than 10 minutes.
It is the mobile banking service of the Postal Savings Bank that has continuously "evolved" that has enabled small and micro enterprises represented by Ma Shuncai to quickly obtain development funds.
Recently, in the "Embracing the Era of Digital Postal Savings I - Postal Savings Bank of China Digital Finance Conference and Mobile Banking 90 press conference".Postal Savings Bank officially released mobile banking 9Version 0 marks an important step in the field of digital finance and provides strong support for customers to achieve a better life experience.
The design of this version fully considers the actual needs of customers, with "specialized" as the keyword, to provide customers with more professional financial advisory services, more high-quality exclusive experience, concentrate on accompanying customers in every financial time, and focus on protecting the safety of every asset of customers. Through continuous optimization and upgrading, mobile banking 9Version 0 will help PSBC make greater breakthroughs in the field of digital finance and provide customers with one-stop "finance + life" services.
In the future, it is foreseeable that as a large state-owned bank that has always put inclusive finance in its "heart", PSBC will continue to uphold the concept of "universal urban and rural areas, benefiting the people", practice the development strategy of inclusive finance, stride forward on the road of building a first-class large-scale retail bank, and continue to contribute financial strength to the realization of the people's yearning for a better life.