Agricultural Bank of China has earnestly implemented the decision-making plan to stabilize the economic situation, adhered to the main responsibility of serving the real economy, continuously increased credit investment, injected "financial living water" into the high-quality development of Guangxi, and effectively played the role of leading banks serving the rural revitalization and the main banks serving the real economy. As of May 17, the bank's balance of public loans exceeded 300 billion yuan , an increase of 31 billion yuan over the beginning of the year, ranking first among the four banks.
The bank took the initiative to dock with various government departments in the region, and successively signed strategic cooperation agreements with the Water Resources Department and Transportation Department of Guangxi Zhuang Autonomous Region to lead business development with top-level design. The leaders of the bank actively led the team to visit, carried out high-level marketing, and tailored comprehensive financial service programs for major projects. At the same time, we should make good use of the preferential policies of the head office, efficiently carry out Pre-project investigation and evaluation, and strengthen the linkage between the front and back departments to improve the efficiency of credit approval. Strengthen the "three-level" linkage marketing, establish "online + offline" communication channels with key customers, timely grasp the needs, and provide high-quality and efficient financial services.
The bank closely followed the "14th Five-Year Plan" of Guangxi Zhuang Autonomous Region and increased its support for key projects promoted as a whole in the region. The bank focuses on major customers and projects in key infrastructure areas such as transportation, energy, water conservancy and new infrastructure, and takes the initiative in marketing. Since 2021, the bank has invested more than 120 billion yuan in loans for major projects, strongly supporting local economic development. Focusing on the strategic deployment of strong industry in Guangxi,
the bank closely followed the transformation and upgrading of traditional superior industries and the development of strategic emerging industries. In terms of financial services and project financing, it strongly supports a number of high-quality customers, including Shanghai Huayi, Zhongwei New Energy and Xinfuxing Photovoltaic Glass . By the end of April 2023, the bank's manufacturing, strategic emerging industries and Kechuang loans had increased by 4 billion yuan, 9.7 billion yuan and 2.4 billion yuan respectively compared with the beginning of the year. At the same time, the bank regards green finance as an important grasp of serving the real economy and low-carbon transformation of management, protects the green mountains and rivers of Guangxi with financial strength, and increases the promotion of innovative products such as renewable energy subsidies, rights and loans. To provide credit support for the construction of the first wind farm in Guangxi, Jinzishan Wind Farm, and the largest photovoltaic power generation project in Guangxi, Huanjiang Agricultural Photovoltaic Complementary Power Generation Project, and to export green kinetic energy for the high-quality development of Guangxi's social economy. By the end of March 2023, the bank's green credit balance had exceeded 70 billion yuan.
We should pay close attention to inclusive financial services, focus on foreign trade, people's livelihood security and other fields, increase the investment of first-loan households and credit loans, vigorously promote financing services such as "small and micro e-loans" and "inclusive e-stations", help the development of small and micro enterprises and the entrepreneurship of key groups such as new citizens, and promote the "incremental expansion and quality improvement" of loans for small and micro enterprises. By the end of April 2023, the bank had a loan balance of 36.5 billion yuan for inclusive small and micro enterprises, an increase of 4.2 billion yuan over the beginning of the year. At the same time, the bank took the initiative to cooperate with the local government to do a good job in the related work of "guaranteed delivery", and recently successfully issued a total of 75 million yuan of "guaranteed delivery" project loans and special loan supporting financing project loans, actively supporting the steady development of the real estate market.