The first "reloan + win-win loan" in Wuhan City has been successfully implemented.
Reporters learned from the Hubei Branch of the People's Bank of China that recently, Hankou Bank issued a 2-year revolving loan of 5 million yuan to a chip company, marking the first "reloan + win-win loan" business in Wuhan. Previously, the Hubei Branch of the People's Bank of China set aside a special quota of 10 billion yuan to support technology-based small and micro private enterprises. Since this "win-win loan" falls within the scope of support for re-loans to small and micro enterprises, the Hubei Branch of the People's Bank of China provided low-cost re-loan funding to Hankou Bank, with an interest rate 50 basis points lower than the comprehensive interest rate of Hankou Bank. Hankou Bank offered this "win-win loan" at a preferential interest rate 53 basis points lower than the average loan rate of the bank.
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