Jiashi County Branch of Agricultural Development Bank of China issued a 220 million yuan cotton purchase loan
Since September, the weather in Jiashi County has continued to be fine, and cotton in the fields is growing well and has gradually entered the lint-bursting period.
In order to solidly promote the purchase of new cotton in 2021, on September 29, the Jiashi County Branch of the Agricultural Development Bank of China issued a total of 220 million yuan in the first cotton purchase loan in 2021 to three companies including Jiashi County Yinfeng Cotton Co., Ltd. Funds provide “reassurance” to cotton farmers and enterprises.
Since this year, the Jiashi County Branch of the Agricultural Development Bank of China has integrated the study and education of party history with the purchase of new cotton, adhered to its main responsibility as the main owner of grain and cotton purchase, resolutely played its role as the main channel for supplying funds for grain and cotton purchase, and made every effort to serve and ensure the new cotton purchase. Cotton procurement work to safeguard rural revitalization. Since April, credit officers have gone to various enterprises to promote cotton credit policies, connect with key customers on cotton acquisitions, implement “one enterprise, one policy” differentiated credit measures, provide more preferential treatment to cotton acquisition enterprises, and further reduce the financing costs of enterprises. , driving farmers to increase production and income. As of now, the bank has prepared sufficient cotton purchase funds of 220 million yuan in advance to prevent the problems of “blank spots” and “difficulty in selling cotton” and ensure that the cotton purchase work is carried out smoothly and orderly.
At the same time, the branch strictly follows the cotton purchasing idea of ”guaranteing acquisition, ensuring share, and ensuring safety”, strengthens communication with cotton purchasing companies and works on-site, analyzes and judges the cotton market conditions, and combines the company’s capital needs at each stage to make timely investments. Credit funds for cotton purchase effectively ensure that the funds for new cotton purchase are “continuously released”. At the same time, we vigorously promote technological payment methods such as “Shuhuitong” to provide enterprises and cotton farmers with more high-quality and convenient services, ensuring that farmers can “get cotton and money.”
AAA
Disclaimer:
Disclaimer: Some of the texts, pictures, audios, and videos of some articles published on this site are from the Internet and do not represent the views of this site. The copyrights belong to the original authors. If you find that the information reproduced on this website infringes upon your rights and interests, please contact us and we will change or delete it as soon as possible.
AA
