久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
China / Cover Story

Rural banks lend hand to farmers

By Wang Xiaotian (China Daily) Updated: 2011-12-07 07:20

Rural banks lend hand to farmers

Here comes the money: This farmer got the first loan from a village bank in Guangan, Sichuan province, after it opened last Dec 18. Rural banks have helped support small-business owners and farmers in underserved areas. Provided to China Daily

Less-developed areas offer huge opportunities for small lenders, Wang Xiaotian reports from Hubei, Chongqing and Shandong.

When Hu Jizheng wanted to upgrade the facilities on his pig farm, he decided to do something unique.

Get a loan from a bank.

"In the past we used to borrow from relatives and friends," said the 48-year-old, who is raising more than 4,000 pigs on his farm in Hubei province.

A rural bank nearby, however, was offering money at an interest rate of 8.6 percent - less than he would pay elsewhere. So in April he borrowed 2 million yuan ($314,000) and expects the revamping of his equipment and purchase of a methane tank will bring his annual revenue to more than 15 million yuan.

"I never imagined a bank could lend me so much money at such a cheap rate."

He had earlier visited all traditional major lenders in the area. They all rejected him.

"To my surprise, unlike common banks, the working style of this rural bank is surprisingly good," Hu said. "Surely it's time for me to change my outlook and turn to rural banks for capital instead of private lenders."

In underdeveloped areas of China, rural banks are gaining momentum as a supplement to major lenders and a lifesaver to small-business owners, farmers and other individuals. This has proved especially useful since the central government started tightening its monetary stance and credit control at the end of last year.

"The biggest advantage of rural banks is that they are fully independent, which means high efficiency in decision-making and more flexibility in product development," said Bai Shan, head of banking for the Shandong provincial government. Some rural banks can lend out money in three working days, Bai said.

Pushing things along

The China Banking Regulatory Commission set out two years ago to improve financial services in rural areas. It's goal: to establish 1,294 rural financial institutions across the country by the end of this year - 1,027 rural banks, 106 lending companies and 161 rural mutual cooperatives. So far, 643 rural banks have been set up, 10 lending companies and 50 co-ops.

Rural banks are fully independent banks but usually operate under a lender's name.

While the commission encouraged banks' quick expansion in rural areas, the regulatory bureaus at provincial level were more cautious when approving local banks. Most of the bureaus required the initiating lender to hold more than 51 percent of the shares in the new rural banks, and some set higher criteria on the banks' locations.

In addition, requirements and approval standards set by local governments varied widely, said Xu Jipian, chief finance officer for Bank of China's Fullerton Community Bank (BFCB). That disparity complicated rapid development.

To remove barriers from provincial governments, the commission issued an update on July 25. It reclaimed the approval authority from local banking regulatory bureaus and indicated it would encourage lenders, especially big commercial banks, to set up rural banks on a large scale.

"The measure will accelerate the expansion pace of rural banks, especially those backed by major State-owned lenders, by reducing operation and management costs," said Chelang Shu, who directs business development for BFCB. That bank is a joint venture set up by Bank of China and Fullerton Financial Holdings, a subsidiary of Singapore's sovereign wealth fund Temasek Holding.

Shu said local governments are not completely confident in the rural banks because they cannot receive direct capital injection from big lenders, and if they go bankrupt, the burden will fall on the local government.

However, better-than-expected performance by rural banks consolidated the resolve of the central regulator and major lenders to develop their network in rural areas.

A good start

The first bank under the flag of BFCB, set in Qichun, farmer Hu's county, opened in March and registered a profit in August, 13 months earlier than expected. It provided nearly 25.4 million yuan in loans at interest rates averaging 40 percent higher than the benchmark lending rates, which is now 6.56 percent.

Sichuan-based Dayi Bocom Xingmin Rural Bank is the first rural bank in China with a controlling State-owned shareholder, Bank of Communications. It realized a profit of more than 5 million yuan in 2010, two years after its establishment in September 2008.

And the rural bank opened by Australia and New Zealand Banking Group (ANZ) in Chongqing in 2009 moved into the black in the second half of this year, said Gilles Plante, ANZ China chairman and ANZ CEO for Northeast Asia, Europe and America.

Previous Page 1 2 Next Page

Highlights
Hot Topics
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    欧美三级蜜桃2在线观看| 久久综合国产精品| 日韩福利视频导航| 欧美一级精品在线| 久久99久久精品欧美| 久久久久久久久久久电影| 成人黄色片在线观看| 亚洲精选视频在线| 欧美精品久久久久久久多人混战 | 亚洲精品一区二区三区蜜桃下载| 国产乱码精品一区二区三区忘忧草| 日本一区二区免费在线| 一本到不卡免费一区二区| 日韩精品久久理论片| 国产亚洲欧美在线| 在线欧美日韩国产| 麻豆精品国产传媒mv男同| 国产精品女人毛片| 8v天堂国产在线一区二区| 国产在线视频一区二区| 极品少妇xxxx精品少妇偷拍| 国产精品色哟哟网站| 欧美三级视频在线| 国产精品白丝jk黑袜喷水| 一区二区三区在线观看网站| 欧美一级黄色录像| 99精品国产91久久久久久| 日韩av一区二区在线影视| 久久久亚洲午夜电影| 一本色道久久综合亚洲91| 日本成人在线网站| 国产精品久久久久久久岛一牛影视 | 国产精品一卡二卡| 亚洲一线二线三线视频| 日韩一区二区视频| 97久久精品人人做人人爽 | 91在线观看污| 美女在线观看视频一区二区| 日韩理论电影院| 精品久久久久一区| 在线观看一区二区视频| 国产剧情一区二区三区| 亚州成人在线电影| 国产精品伦一区| 日韩一本二本av| 色播五月激情综合网| 国产精品一区二区91| 日韩精品一二三| 日韩伦理免费电影| 久久日一线二线三线suv| 精品视频999| 91网站最新地址| 国产一区二区免费看| 午夜精品视频一区| 亚洲三级小视频| 国产日韩在线不卡| 日韩一区二区在线看| 91黄色免费网站| 成人免费毛片app| 国产美女精品在线| 日韩av电影免费观看高清完整版| 日韩毛片一二三区| 中文欧美字幕免费| 26uuu久久综合| 91精品国产色综合久久| 91久久精品一区二区三区| 丁香一区二区三区| 韩国一区二区三区| 日本aⅴ免费视频一区二区三区| 亚洲欧美成人一区二区三区| 中日韩免费视频中文字幕| 2欧美一区二区三区在线观看视频 337p粉嫩大胆噜噜噜噜噜91av | 日本乱码高清不卡字幕| 成人一级片在线观看| 国产一区视频网站| 久久精品国产一区二区| 午夜激情一区二区三区| 一区二区日韩电影| 亚洲欧美自拍偷拍色图| 国产精品久久久久久户外露出| 国产亚洲一二三区| 国产午夜精品一区二区三区嫩草 | 午夜精品福利一区二区三区av | 99久久综合99久久综合网站| 国产黑丝在线一区二区三区| 黄网站免费久久| 另类综合日韩欧美亚洲| 日本不卡视频在线| 午夜a成v人精品| 污片在线观看一区二区| 性做久久久久久久免费看| 亚洲最新在线观看| 亚洲福利视频一区| 亚洲国产成人tv| 亚洲国产精品久久久久婷婷884 | 亚洲人成小说网站色在线| 国产精品理伦片| 国产精品乱码妇女bbbb| 国产精品黄色在线观看| 国产精品久久久久久久第一福利 | 欧日韩精品视频| 欧洲一区二区三区在线| 欧美性做爰猛烈叫床潮| 欧美综合色免费| 在线精品视频小说1| 欧美在线三级电影| 欧美日韩在线观看一区二区 | 麻豆国产精品视频| 精品制服美女久久| 国产老女人精品毛片久久| 国产宾馆实践打屁股91| 成人国产视频在线观看| 一本久道中文字幕精品亚洲嫩 | 欧美中文字幕一区二区三区亚洲| 色狠狠桃花综合| 欧美日韩在线亚洲一区蜜芽| 777色狠狠一区二区三区| 欧美一级二级三级乱码| 精品不卡在线视频| 久久品道一品道久久精品| 中文在线一区二区 | 日本中文字幕不卡| 精品亚洲国内自在自线福利| 国产乱码一区二区三区| 91在线视频在线| 欧美视频三区在线播放| 日韩一级片在线观看| 久久久精品黄色| 亚洲欧美日韩综合aⅴ视频| 香蕉成人啪国产精品视频综合网 | 精品国产sm最大网站免费看| 国产日韩欧美一区二区三区乱码| 中文字幕在线观看不卡视频| 亚洲乱码一区二区三区在线观看| 婷婷综合五月天| 国内外成人在线| 99视频精品在线| 欧美视频在线一区二区三区 | 欧美日韩午夜在线| 精品欧美乱码久久久久久1区2区| 国产人成一区二区三区影院| 亚洲欧美日韩国产一区二区三区| 日韩制服丝袜av| 国产福利91精品| 欧美亚洲动漫另类| 26uuu另类欧美| 一区二区理论电影在线观看| 久热成人在线视频| 色综合一区二区三区| 日韩一级大片在线观看| 中文av字幕一区| 无吗不卡中文字幕| 豆国产96在线|亚洲| 欧美三级电影网| 国产欧美日韩另类一区| 亚洲一区成人在线| 国产激情视频一区二区三区欧美 | 亚洲欧洲美洲综合色网| 日韩高清电影一区| av影院午夜一区| 欧美一级精品在线| 亚洲欧美一区二区三区孕妇| 久久99国产精品免费| 91国模大尺度私拍在线视频| 精品剧情在线观看| 一个色妞综合视频在线观看| 激情综合一区二区三区| 在线免费视频一区二区| 久久精品夜色噜噜亚洲aⅴ| 亚洲h动漫在线| gogo大胆日本视频一区| 精品免费视频.| 亚洲第一av色| 成人激情黄色小说| 精品国产一二三区| 香蕉乱码成人久久天堂爱免费| 岛国av在线一区| 精品噜噜噜噜久久久久久久久试看| 一区二区三区四区在线| 岛国av在线一区| 欧美电影免费观看高清完整版在线观看 | 伊人一区二区三区| 国产精品系列在线播放| 欧美电影在哪看比较好| 亚洲美女一区二区三区| 国内不卡的二区三区中文字幕 | 看电影不卡的网站| 欧美日韩精品免费观看视频| 国产精品免费视频一区| 国产一区在线精品| 制服丝袜av成人在线看| 一区二区三区中文免费| 福利一区二区在线观看| 精品国产一区二区三区久久影院 | www.亚洲在线| 久久久九九九九| 极品尤物av久久免费看| 日韩视频一区二区三区| 亚洲一二三区在线观看| 91丨porny丨蝌蚪视频|