Nantong Branch signed a joint food joint guarantee fund management agreement with relevant municipal units

Author:China Economic Times Rural Fin Time:2022.07.01

Nantong Branch signed a joint food joint guarantee fund management agreement with relevant municipal units

Recently, the Nantong Branch of the Nantong Municipal Branch and the Municipal Development and Reform Commission, the Finance Bureau and other units signed the "Food Co -Guarantee Fund Management Agreement", which increased the support for local finance on market -oriented acquisition of financing and further serving the high -quality development of the grain marketization business. The bank also became the first second branch of the province's agricultural distribution system.

For a long time, the bank has admitted to actively ensure the supply of funds for grain marketization. He has actively communicated with the Nantong Development and Reform Commission and the Finance Bureau, and jointly formulated the "Administrative Measures for the Grain Sales Fund of Nantong City (Trial)" to regulate the management of the co -guarantee guarantee fund of the food. The signing of this agreement clearly regulates the raising, management and use of the food joint guarantee fund, and the prevention and resolution of loan risks, better play the role of fiscal funds, and further support the financing and development of grain enterprises.

It is reported that 7 million yuan in Nantong City Food Co -Guarantee Fund was all in place in mid -June, of which the city's financial capital contribution reached 40%. The next day, the bank issued more than 40 million yuan in grain acquisition loans to the participating enterprises, marking the start of the fund and officially exerting the guarantee function. (Dou Jingyi Gu Yingying)

Responsible editor: Zhang Wei Guo Jinhui

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