Loans to micro and small enterprises increase
- Details
- Category: Ningbo Business
- Published: Wednesday, 10 February 2016 17:08
It is learned from Ningbo banking supervision and administration meeting on February 1 that by the end of 2015, the balance of the loans to a total of 181,600 small and micro enterprises in Ningbo stood at 541.978 billion yuan, with a loan access rate of 85.8%. In 2016, the banking industry in Ningbo will continue to improve their service efficiency for entity economy by actively supporting major strategic projects and side structural reforms, and promoting the inclusive financial development and the accurate poverty alleviation work. Meanwhile, it will make great efforts to maintain the good financial ecology and continue to deepen the reforms and innovations in banking.
At the end of 2015, Ningbo ranked at the top among the provincial cities and the five cities specifically designated in the state plan in terms of the increase of loans and the deposit-loan ratio. The bad loan rate was 2.6%, with the balance of the bad loans standing at 40,753 billion yuan, representing a risk still under control.
At the end of 2015, the balance of the loans to major projects in Ningbo stood at 119.078 billion yuan, up by 27.02% over the previous year. The inclusive financial service standard also increased, with the balance of the loans to 181,600 small and micro enterprises standing at 541.978 billion yuan, including a balance of 545.529 billion yuan for agriculture-related loans, up by 4.69% over the beginning of the year. Accumulatively, 292 enterprises in difficulties benefited from the loans
