Thursday, July 24, 2008

Anti-poverty discount loan management methods

Anti-poverty discount loan management methods

Article 1 in order to give full play to help the poor in discount interest loans in the role of poverty relief work, according to the "Outline of China's rural poverty alleviation and development (2001» 2010) "and" People's Republic of China Law on Commercial Banks ", the enactment of this approach.

The second major anti-poverty discount interest loans for the development of the national anti-poverty key counties, to support low-income poverty population growth led the planting and breeding industry revenue, labor-intensive enterprises, farm produce processing enterprises and the market circulation enterprises and infrastructure construction projects.

Article 3 of the release of pro-poor discount interest loans for the main Agricultural Bank of China, the implementation of the programme management guidance from the Agricultural Bank of China in accordance with the release that it received back to the principle of autonomy.

Article 4 of the annual anti-poverty loan discount and the total duration of the structure, by the People's Bank of China, the Ministry of Finance and the State Council leading group for poverty alleviation and development office and the Agricultural Bank of China in the fourth quarter of last year's anti-poverty loans in accordance with actual needs reasonably determined that the State Council for poverty alleviation and development Leading Group for approval. State Council leading group for poverty alleviation and development after the approval by the Agricultural Bank of China issued after the department to help the poor, and copied to the state's financial sector.

Article 5 of the anti-poverty discount loans from the Agricultural Bank of China funds in the system unified scheduling, financial difficulties may apply for re-lending to the People's Bank of China.

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