2019 Farmers Cooperative "Political Bank Insurance"

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Yangshan County’s “Government Bank Insurance” Cooperation was officially launched

In order to strongly support the county’s comprehensive rural reform and the development of “agriculture, rural areas and farmers”, the Yangshan County People’s Government and the Agricultural Bank of China The Yangshan County "Government Bank Insurance" cooperation jointly established by the Yangshan County Branch and the Yangshan Branch of the People's Insurance Company of China Co., Ltd. was officially launched. The first phase of the "Government Bank Insurance" cooperative agricultural loan guarantee fund is 2 million yuan, invested by the county finance, and used to provide guarantees for agricultural enterprises and farmers in the county to apply for mortgage-free and margin-free loans from cooperative banks. On December 30, 2013, the first batch of agricultural loans of 150,000 yuan was reviewed by the county "Government Bank Insurance" Cooperation Office and the loan project was reviewed and a "Guarantee Commitment Letter" was issued to the county Agricultural Bank of China, agreeing to issue the loan. Yangshan County's "government-bank-insurance" cooperation is guided by government agricultural industry policies, guaranteed by government-invested guarantee funds, based on bank loan inputs, and guaranteed by guarantee insurance to build a "political-bank-insurance" cooperation that effectively controls and disperses risks. The "bank-insurance" cooperative agricultural loan system effectively solves the three difficult loan problems of agricultural enterprises, farmers' professional cooperatives, agricultural economic organizations, rural collective economic organizations, and Yangshan household registration professional households in the county, and promotes the sound and rapid development of rural and agricultural economies. .