Beijing Rural Commercial Bank and Beijing Zhongguancun Bank cooperate to support SMEs
Beijing Rural Commercial Bank and Beijing Zhongguancun Bank recently signed a comprehensive strategic cooperation agreement on re-issuing special anti-epidemic loans and discount quotas to support agriculture and micro, small and medium-sized enterprises.
As of the end of March, Beijing Rural Commercial Bank provided a credit support of 20.15 billion yuan ($2.84 billion) to assist Beijing enterprises to fight the epidemic and resume production.
Since the release of the first special anti-epidemic re financing on February 4, Beijing Zhongguancun Bank has approved a quota of 2.63 billion yuan. In addition, Beijing Zhongguancun Bank launched an "anti-epidemic loan" for frontline enterprises and enterprises affected by the epidemic, and cooperated with the Huimin B2B integrated service platform in providing a new lending quota of 500 million yuan to more than 10,000 Beijing community convenience stores that face difficulties in goods preparation and operation.