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Rescue and other services Postal Savings Bank provides branch financial services during epidemic prevention and control Editor's note: A war in peacetime, a battle of full mobilization.

The novel coronavirus pneumonia epidemic affects people's hearts, and fighting with all efforts has become a common consciousness across the country.

The financial industry responded actively and fought with all its strength. Donations continued to increase and morale continued to rise.

In addition to donating money and materials, major financial institutions have combined their own advantages to upgrade and refine relevant financial services to contribute to the prevention and control of the epidemic and help sustain the epidemic.

The concentrated action, the iron fist of unity, and the determination to overcome the difficulties will eventually lead to victory in the war against the epidemic.

The epidemic is an order, and prevention and control is a responsibility.

Recently, the People's Bank of China, the Ministry of Finance, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange jointly issued the "Notice on Further Strengthening Financial Support for the Prevention and Control of the Novel Coronavirus Infection Pneumonia Epidemic", stating that they will earnestly implement the central government's instructions on winning the battle against the epidemic.

Notice the spirit and work arrangements to strengthen financial support for epidemic prevention and control.

Since the outbreak of the epidemic, various financial institutions have responded quickly to combat the epidemic.

As the vanguard of the financial industry, the banking industry is taking active actions to open financial green channels, producing loans exceeding 100 billion yuan, assisting the development of small and micro enterprises, and continuing to provide more powerful financial services to help fight the epidemic.

The insurance industry has also given full play to its professional advantages, providing over one trillion yuan in insurance coverage for "rebels", actively expanding insurance liabilities, and completing a number of COVID-19 claim cases; the trust industry has explored the establishment of special charity funds, using its own resources and shareholder advantages to take

Participate in the fight against the epidemic in various ways.

Banks open financial green channel As the vanguard of the financial industry, the banking industry has carried out various actions to combat the epidemic in an orderly manner.

Not only Chinese banks have taken active actions, but foreign banks in China and Taiwan-funded banks in mainland China have also actively responded to the initiative. In addition to donating money and materials, more than 10 foreign banks and Taiwan-funded banks have also announced a number of measures to provide high-quality financial services for epidemic prevention and control.

.

For example, HSBC uses its global network advantages to deploy and purchase anti-epidemic materials from home and abroad to improve the quality of material procurement; Standard Chartered Bank fully leverages its network advantages and business expertise to closely coordinate multiple Standard Chartered teams in Singapore and South Korea to help Chinese companies in

Urgent overseas procurement of materials needed to fight the epidemic.

Bank of East Asia, Hang Seng Bank and Fubon Bank China have adopted a number of preferential business policies for epidemic prevention and control, such as waiving epidemic-related donations and medical purchase remittances, as well as business fees for transfers and wealth management services for customers in Hubei, and adjusting the upper limit of system payment amounts.

, opening up green approval channels and providing comprehensive credit to epidemic prevention and control companies; JPMorgan Chase provides financial assistance for the purchase of anti-epidemic materials, support for medical staff and patient families, etc.

Secondly, in addition to financial rescue, banking financial institutions are also actively increasing credit support through emergency loans, special loans and other means to fully protect the financing needs of epidemic prevention enterprises.

Association data shows that as of February 4, the banking industry has issued more than 160 billion yuan in loans for epidemic prevention and production support for related enterprises.

At the same time, many banks have lowered interest rates on inclusive small and micro enterprise loans in Hubei Province by 0.35 to 0.5 percentage points based on the existing interest rates.

Among them, the National Development Bank’s anti-epidemic credit support is 24.9 billion yuan; the Agricultural Development Bank of China and the Export-Import Bank of China’s anti-epidemic credit support total 10.067 billion yuan; the six state-owned large-scale commercial banks, including the Industrial and Peasant China Construction Bank and the Postal Savings Bank, total anti-epidemic credit support is 34.862 billion yuan.

Yuan; 12 joint-stock banks including China Merchants Bank, China Everbright, and Industrial Bank provided a total of 56.437 billion yuan in credit support to fight the epidemic; 34 city commercial banks and private banks provided 17.198 billion yuan in special credit for epidemic prevention and control; national rural credit institutions provided credit support of 173.06 billion yuan to relevant enterprises.

billion.

For example, Wuhan Rural Commercial Bank issued the "Twelve Measures to Strengthen Epidemic Prevention and Control and Strengthen Financial Services" and arranged a special credit line of 3 billion yuan to issue medical equipment and epidemic prevention and control loans.

Thirdly, in order to ensure the efficient and timely transfer of funds during special periods, many banks have also established "green channels" for financial services such as credit and exchange for relevant enterprises, and allocated dedicated personnel to handle special cases to ensure that relevant funds can be transferred first.

time to reach the epidemic area.