Agricultural Development Bank of China clarifies the direction of grain, cotton and oil loan in the second half of this year

Introduction: - focus on supporting key grain, cotton and oil processing enterprises, and actively support all kinds of grain, cotton and oil enterprises The relevant person in charge of the Agricultural Development Bank of China recently said that in the second half of the year, the state-owned grain enterprises, especially the state-owned grain enterprises in the main grain producing areas, will continue to be the focus of support, and the direction of grain, cotton and oil loans will be clarified The reporter learned from the national branch president meeting held a few days ago that in the first half of this year, the Agricultural Development Bank has invested 77.36 billion yuan in the purchase and sale of grain, cotton and oil loans, and supported enterprises to purchase 54.65 billion kg of grain, 570 million kg of oil and grease, and 3.944 million kg of cotton, an increase of 2.25 billion kg, 60 million kg and a decrease of 290000 kg year on year The head of the Agricultural Development Bank said that in the second half of the year, it will continue to give active support to the state-owned grain purchase and sale enterprises and the enterprises of various ownership that continue to engage in grain, cotton and oil management after the restructuring of grain and cotton enterprises, on the premise of properly implementing the loan debts of the original enterprises For the leading enterprises of grain, cotton and oil industrialization, they will support their reasonable credit capital needs according to the requirements of the loan management measures Key support should be given to key grain, cotton and oil processing enterprises with large volume of operation, strong regulatory capacity, low asset liability ratio and good operating efficiency At the same time, the person in charge said that for the purchase fund needs of grain enterprises entrusted by the local government to undertake the purchase and sale task of policy grain, the agricultural development bank will timely issue grain regulatory loans and strictly manage them on the premise of "who will give the policy, who will take the subsidy, and who will bear the loan risk" For the funds needed by grain, cotton and oil enterprises to independently manage grain, cotton and oil, loans shall be issued according to the risk tolerance of the enterprises Enterprises designated by the state to purchase grain at the lowest purchase price shall be granted timely grain control loans to support their purchase, and strict closed management shall be implemented.