The Fourth Plenary Session of the 20th CPC Central Committee proposed to "adhere to the strategic focus of expanding domestic demand, adhere to the close integration of benefiting people's livelihood and promoting consumption, and investment in goods and investment in people, guide new supply with new demand, create new demand with new supply, promote the virtuous cycle of consumption and investment, supply and demand, and enhance the endogenous driving force and reliability of the domestic economic cycle."
China Everbright Bank has always adhered to the political and people-oriented nature of its financial work, actively implemented the decisions and plans of the CPC Central Committee and the State Council on boosting consumption, focused on providing fiscal subsidies for personal consumer loans, and continuously enriched the supply of consumer finance products to meet diverse consumer needs.
It is understood that since the interest subsidy policy was introduced, China Everbright Bank's average monthly disbursement of personal consumer loans has reached approximately RMB 70 billion over the past three months. To ensure that every customer can conveniently enjoy the interest subsidy, China Everbright Bank has strengthened technological empowerment at the head office level, establishing an automated main process for interest subsidies and a manual processing auxiliary process. At the branch level, it has strengthened policy interpretation and customer outreach to ensure that loan funds support genuine consumption scenarios.
A representative from China Everbright Bank stated that, combined with year-end e-commerce platform promotions and offline shopping festivals, the policy's stimulating effect will be further released.
In managing the use of loan funds, China Everbright Bank adheres to the principle of strict compliance. On the one hand, it adopts a method of "online system judgment as the main approach and offline manual application review as a supplement" to clarify the dual-track management of loan interest rates and interest subsidy rates, and continuously improve the whole-process management of interest subsidy work. On the other hand, it continuously improves the post-loan use management process, and promptly stops interest subsidies for scenarios such as returned transactions and changes in use, and initiates interest subsidy recovery and write-off processes as appropriate.
A representative from China Everbright Bank stated that the bank will continue to implement the spirit of the Fourth Plenary Session of the 20th CPC Central Committee, focus on building a strong domestic market, accelerate the construction of a new development pattern, take full advantage of the fiscal interest subsidy policy dividends, promote the quality and efficiency of consumer finance, and continuously and effectively help boost consumption.
