Henan Finance Bureau, Zhengzhou Sub-branch of the People's Bank of China and Henan Banking Insurance Regulatory Bureau jointly issued the Notice on Further Strengthening Financial Support for Small and Micro Enterprises and Individual Industrial and Commercial Households, which clarified a series of preferential policies to support the production and operation of small and micro enterprises and individual industrial and commercial households with practical actions, so as to better protect the market and stabilize employment.
1. The principal and interest of the enterprise loans affected by the epidemic can be postponed for up to 6 months.
2. For employees of enterprises, flexible employees, new citizens, those who have temporarily lost their income sources due to the epidemic, those who have been treated or isolated due to the epidemic, those who have difficulties in paying back temporarily due to the closure of cities and roads, and those who have participated in epidemic prevention and control, the repayment period of mortgage and credit card shall be reasonably delayed for up to 6 months.
for flexible employment subjects such as truck drivers and taxi drivers, we will increase business loan support in comparison with individual industrial and commercial households and small and micro enterprises, and bring them into the management of inclusive small and micro loans.
3. For enterprises seriously affected by the epidemic, all banking financial institutions should take the initiative to reduce the comprehensive financing cost by lowering interest rates, reducing service charges, adjusting debt service arrangements, and expanding medium and long-term loans and credit loans.
for industrial enterprises, leading enterprises in agricultural industrialization and scientific enterprises with good market prospects and strong innovation strength, as well as industries such as wholesale and retail, accommodation and catering, logistics and transportation, cultural tourism, etc. which are greatly affected by the epidemic, the cities under the jurisdiction of each province shall determine the list of key enterprises, and organize docking with financial institutions to give them key support.