Zhonghong Network Xinjiang, January 10China Guangfa Bank actively practices the political and people's nature of financial work, shoulders the responsibilities of the member units of financial central enterprises, takes fee reduction and profit concession as the entry point and focus of doing practical things for the masses, conscientiously implements measures to benefit enterprises and the people, improves the quality and efficiency of financial services, and strives to enhance the people's happiness in handling financial business.
PlusStrong profit and overall management
In order to ensure that fee reduction and profit concession truly benefit the majority of market entities and the people, China Guangfa Bank will sort out the market adjustment prices of various financial services of the bank on a quarterly basis from 2023, regularly calibrate the service fee items**, strengthen the implementation of preferential measures for differentiated pricing such as individual industrial and commercial households, and do a good job in publicizing, guiding, learning and training the policy of fee reduction and profit concession for branches; Increase the FTP pricing discount for inclusive small and micro enterprises, inclusive agriculture-related loans and financial precision assistance loans, and reduce the FTP pricing of these three types of loans by 80bps compared with other loans, and further reduce the FTP pricing of these three types of loans by 100bps for first-time borrowers. As of the end of December 2023, China Guangfa Bank's inclusive small and micro enterprise loans have exceeded the annual plan, and the average interest rate of newly issued inclusive small and micro enterprise loans has decreased by 70bps compared with the beginning of the year, effectively reducing the financing cost of small and micro enterprises.
Improve the intensity of independent profit concessions
China Guangfa Bank has conscientiously implemented various fee reduction policies of the regulatory authorities, strengthened its independent reduction and exemption, and actively canceled some service charges or lowered service fee standards through technological innovation, scale expansion, and service model optimization. In 2023, 10 service fee items will be cancelled, 2 service fee standards will be reduced, 5 new fee-free preferential policies for specific customer groups will be added, and more than 86 million yuan of handling fees will be waived and exempted throughout the year. In October 2023, the China Banking Association issued the "Proposal on Adjusting Some Bank Services** to Improve Service Quality and Efficiency", and China Guangfa Bank responded immediately, and on the basis of meeting the basic requirements of the proposal, independently canceled the service fee for personal account flow printing, which is expected to benefit 380,000 individual customers, the amount of fee reduction and profit concession reached 780,000 yuan per year.
Benefiting key populations
Formulate preferential policies for supporting the military and preferential family members, and on the basis of the original preferential policies for military personnel, add 5 free service charges for military dependents, so as to further enhance the sense of service in the financial field for military personnel and military dependents. Reduce the management fee for VIP customers, and take the initiative to cancel the account management fee for VIP customers in 2023, and the annual fee reduction and profit concession amount will be about 3.1 million yuan. At the same time, China Guangfa Bank actively encourages and supports all directly affiliated institutions to formulate special fee reduction and interest concession projects according to the actual local situation. For example, the Shenzhen branch of China Guangfa Bank provides comprehensive financial services through exclusive debit cards to registered volunteers of the Shenzhen Bao'an District Volunteer Federation, and at the same time provides discounts on the cost of production fees, and as of the end of December 2023, the cost of debit cards has been reduced or exempted for volunteers1330,000 yuan.
China Guangfa Bank will always adhere to the people-centered, keep in mind the basic position and fundamental purpose of finance for the people, further strengthen the refined management of service charges, take the initiative to increase the intensity of fee reduction, win the trust of the people with tangible results, and support the development of the real economy with practical actions. (China Guangfa Bank).