Financial support for cleaning up corporate debts: The central bank guides 18 banks to provide loans to local state-owned enterprises, etc.

Recently, the Agricultural Bank of China Xuchang Xiangcheng County branch announced that they are actively coordinating with the government's debt collection task force to comprehensively clean up overdue corporate accounts. The branch has been organizing local overdue accounts, conducting comprehensive evaluations on qualifications, creditworthiness, and repayment capabilities of each individual, accurately identifying and connecting with target customers. On September 8th, they approved a 10 million yuan working capital loan for a certain overdue entity, and recently disbursed the first 5 million yuan. It is understood that this is one of the latest cases in which the People's Bank of China has guided 18 commercial banks nationwide to provide loans to state-owned enterprises and financing platforms to support the repayment of overdue corporate accounts.