中文
Home>Media Center>News

Local bank to support rural revitalization in Xiqing

xiqing.exploringtianjin.com|Updated : 2022-12-01

The Tianjin branch of the Postal Savings Bank of China has continued to increase its efforts to serve the substantial economy and help rural enterprises solve financial difficulties. Recently, it granted a loan of 1.55 million yuan (about $210,000) to a seed company, which has solved the urgent needs of the enterprise.

The company is mainly engaged in seed wholesale and the retail business. Recently, the company signed a purchase and sales contract for a large amount of coriander seeds. After learning that there was a capital gap in the company, the staff of the Tianjin branch of the Postal Savings Bank of China visited the company, collected information, opened a green channel for business approval, and granted loans quickly. These actions have provided sufficient financial support for the daily operation of the company.

In recent years, the Tianjin branch of the Postal Savings Bank of China has identified the driving force to support the development of agriculture, rural areas and farmers. The staff have constantly visited various breeding and planting enterprises to understand their production, operation and capital needs, and provided them with the maximum credit benefits in accordance with national policies, so as to reduce the financing costs of enterprises. Since this year, the branch has invested 135 million yuan in loans for agriculture, rural areas and farmers, which has strongly supported the development of related enterprises in Xiqing district.