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Xinjiang Branch of Agricultural Development Bank of China held a 2021 cotton purchase credit work symposium



The Xinjiang Branch of the Agricultural Development Bank of China held a 2021 cotton purchase credit work symposium Recently, the Xinjiang Uygur Autonomous Region Branch held a 202…

The Xinjiang Branch of the Agricultural Development Bank of China held a 2021 cotton purchase credit work symposium

Recently, the Xinjiang Uygur Autonomous Region Branch held a 2021 cotton purchase credit work symposium to analyze the situation faced by cotton purchase work in the new year and study and deploy the next key work. Wang Jun, member of the Party Committee and Vice President of the branch, attended the meeting and delivered a speech.

The meeting pointed out that the cotton market situation this year is severe and cotton procurement is facing many uncertain factors. Banks at all levels must clarify their work ideas, understand the market situation clearly, enhance their sense of responsibility and mission, and understand the importance of cotton purchase credit work from a political perspective. It is necessary to carefully study the specific requirements of the head office for cotton credit work, and on the premise of in-depth analysis of the cotton market situation, clarify the positioning goals and main measures of the cotton credit work of the Xinjiang Branch, establish and form a new cotton credit management system, and carry out work in a targeted manner. Defend the main position, strengthen and optimize the main business, and make the brand of “Cotton Bank” brighter and brighter.

The meeting emphasized that to do a good job in cotton purchase credit work in the new year, we must be responsible. Banks at all levels must improve their political positions, speed up credit rating and loan investigations and approvals, and complete all matters before the issuance of cotton purchase loans by the end of August. Preparatory work, give full play to the role of the main channel for supplying funds for cotton purchase, and effectively achieve “money waits for cotton”. To strengthen service, we must make good use of differentiated policies according to the characteristics of the enterprise, implement precise policies according to enterprise conditions, optimize and improve customer service levels, and promote cotton purchase credit work in a solid and orderly manner. To seek innovation, banks at all levels must strengthen communication with enterprises, dynamically understand enterprise operations and financing needs, and combine our bank’s credit policies to actively promote innovation in cotton business and risk prevention and control models to better serve the development of the cotton industry. It is necessary to adhere to the bottom line and firmly adhere to the management bottom line of “closed operation and treasury-loan linkage” to safeguard the highquality development of cotton credit business.

At the symposium, the head of the grain, cotton and oil department of the branch reported the overall situation of the current promotional loan collection and the promotion of cotton purchase credit in the new year, and interpreted the Xinjiang Branch’s “Opinions on the Management of Cotton Purchase Credit in 2021″ (Discussion Draft)”; Participants discussed and exchanged views on this year’s cotton procurement market situation and problems encountered in work, and put forward suggestions for modifications to the “Opinions”.

The heads of relevant departments of the district branch, the vice presidents in charge of the grain, cotton and oil credit business of the nine secondary branches (directly affiliated branches), the heads of relevant front-office departments, and all personnel of the grain, cotton and oil department attended the meeting.

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