Banks Will Increase Credit to Real Economy
Yesterday afternoon, a special conference was held at the municipal administrative center to mobilize the banking sector in serving the real economy and standardizing market order. Standing Committee Member and Deputy Mayor Baochun Li was present to provide guidance.
It is understood that due to macro-control and international economic conditions, the probability of a slowdown in our city's economic growth has increased. The growth rate of bank credit is not matched with the economic growth rate, and part of the credit funds have not entered the real economy. Conducting the "Service Real Economy" special activity will promote the socio-economic development of our city and also help the banking industry achieve sustainable development. The conference proposed increasing effective credit investment, boosting economic transformation and upgrading; strengthening loan flow management, resolutely curbing the trend of moving away from the real economy towards speculation; improving services for small and micro enterprises, effectively solving financing bottlenecks; improving financial services in counties, and vigorously promoting inclusive rural economic development.
Regarding the special governance activities for non-standard operations in the banking sector, the conference emphasized key points such as standardizing deposit marketing behavior, standardizing loan business management, standardizing intermediary business fees, standardizing bank credit card business, and other "seven standards". It particularly stressed the need to standardize employee professional behavior, eliminating actions such as employees borrowing or stealing bank credit for private lending or fundraising activities.
[Source: http://www.wyky.cn]