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Development Status of Green Credit in Guilin Bank
Upward trend.

Guilin Bank thoroughly implemented the deployment of the CPC Central Committee and its superior banks on ecological civilization, actively implemented the green development strategy, accelerated the development of green finance, actively prevented environmental and social risks, fulfilled its social responsibilities, and laid a solid foundation for sustainable development. The balance of green loans grew rapidly. By the end of 2020, the balance of green credit loans (in terms of banking, insurance and supervision) reached 2.97 billion yuan, an increase of 537 million yuan or 22.07% over the previous year, which was 0.6 times faster than the loan growth rate of the whole bank. Guilin Bank issued 2 billion yuan of green financial bonds to support 24 green economy, low-carbon economy and circular economy industrial projects in the whole autonomous region; Guilin Xincheng Investment Development Co., Ltd. issued 300 million yuan of green corporate bonds for the comprehensive management project of water system in Guilin tourist attractions; Guilin Jiaotou Holding Company issued 5,654,380,300 yuan of enterprise asset securitization business to support green bus projects, and established Guilin Dinghesheng New Energy Investment Fund to promote the development of new energy vehicle charging facilities industry and the transformation and upgrading of new energy logistics industry; Guilin has established Guilin Cultural Tourism Industry Investment Fund and Lipu Science and Technology Innovation Fund to promote the development of eco-tourism, science and technology and other related industries; Promote the establishment of a parent fund with a total scale of 1 100 million yuan to support the development of electronic information, high-tech and other industries.