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Henan Province Disbursed 4.704 Billion Spring Lodging Ready Loans

It was learned from the Central Branch of the People’s Bank of China in Zhengzhou that since the beginning of this year, the bank has issued guidance on how to perform financial services for spring plowing and seeding, in order to promote the tilt of financial resources to rural areas, build a diversified spring land readiness and broadcast financial service system, and guide financial institutions to increase Dasheen Credit Supply and service innovation efforts to improve work efficiency.

It is understood that as of the end of March this year, the financial institutions in 8 cities in Henan Province have issued a total of 4.945 billion yuan in spring-tiled preparation loans, involving 43 718 households. More than 80% of the households have prepared or basically prepared spring plowing resources, and the spring ploughing and provisioning loans Satisfaction reached 97.3%. The spring plowing financial services highlighted the characteristics of precision poverty alleviation. Eight cities issued a total of 1.766 billion yuan of precision poverty alleviation loans. The poor households’ production fund satisfaction rate reached 94.1%. According to some rural household survey questionnaires, 80.7% of rural households have increased their cultivated area this year or the same level as last year, and 70.7% of farmers expect this year’s crop income to be better than last year or the same as last year.

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