MySheen

The Agricultural Development Bank lent 210.9 billion yuan to support the purchase of grain and oil in the New year.

Published: 2024-10-06 Author: mysheen
Last Updated: 2024/10/06, According to information from the Agricultural Development Bank of China, from January to April 2015, the bank issued a total of 210.9 billion yuan in grain and oil purchase loans, an increase of 27.598 billion yuan over the same period last year, an increase of 15.06 percent. Of this total, grain loans totaled 207.351 billion yuan, an increase of 27.998 billion yuan over the same period last year.

According to information from the Agricultural Development Bank of China, from January to April 2015, the bank issued a total of 210.9 billion yuan in grain and oil purchase loans, an increase of 27.598 billion yuan over the same period last year, an increase of 15.06 percent. Of this total, grain loans totaled 207.351 billion yuan, an increase of 27.998 billion yuan over the same period last year, an increase of 15.61%. Enterprises were supported to purchase 205.692 billion jin of grain and 31.872 billion jin more than the same period last year, an increase of 18.34%. Oil loans of 3.549 billion yuan were issued to support enterprises in purchasing 2.311 billion jin of oil. The amount of loans and the amount of support purchases hit new highs.

According to reports, during the Spring Festival purchase of grain in 2014, banks at all levels of the Agricultural Development Bank conscientiously implemented the national grain regulation and control policy, conducted early investigation and early layout, and ensured the timely supply of funds for policy-oriented acquisitions. it has ensured the effective implementation of the national temporary storage policy and the minimum purchase price policy. At the same time, we should select the main body of market-oriented acquisition and actively support market-oriented multi-channel acquisition to ensure the smooth progress of grain and oil acquisition.

 
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