Agricultural Development Bank of China’s eight basic products: Agricultural Development Bank of China Changde Branch focuses on government reserve control loans, agricultural product purchase, sale and storage loans, agricultural and rural infrastructure working capital loans, agricultural and rural infrastructure fixed asset loans, agricultural industry working capital loans, agricultural industry fixed
There are 8 agricultural policy financial products including asset loans, small and micro enterprise loans, and syndicated loans.
Give full play to the main role of financial services in rural revitalization, and increase support for the real economy, food security, poverty alleviation, agricultural modernization, and integrated urban and rural development.
As of the end of August, the bank's loan balance was 36.62 billion yuan, accounting for 15% of the loan balance of financial institutions in Changde City, ranking first among local national banks.
8 agricultural policy financial products help rural revitalization: The loan, fund and other asset business types at this promotion meeting can serve various fields of city and county economic development. Medium and long-term loans are generally 15 years, with a maximum of 25 years, meeting various needs.
Medium and long-term financing needs.
At the same time, the annual interest rate of newly approved loans will not exceed 5%, and the financing cost of special products is only 1.25%. Fees such as business consultation, asset evaluation, mortgage procedures, and online banking transfers are also exempted to reduce customer financing costs.
Relying on the country's sovereign credit, the bank's capital plan is sufficient to meet the needs of economic development.