Innovative and upgraded "bumper loan" products

Based on the research on the rural pastoral market, Baoshang Bank specially designed the “benefit and loan” products for the farmers and herdsmen on the basis of the original financial products. The product has the advantages of simple application materials, various guarantee methods, one-time credit recycling, and flexible repayment methods. It is mainly for ordinary farmers and herdsmen who are engaged in breeding, production and management, medium income, lack of collateral, and loans. The term is three years long, and the single-family loan fund is 150,000 yuan. It not only meets the production and management needs of farmers and herdsmen, but also supports the financial needs of farmers and herdsmen in their children's education, weddings and funerals, and purchase of consumer goods. It meets the multi-level and diversified funding needs of farmers and herdsmen. The “Fly Collection and Loan” products have been in rapid growth for more than a year. As of the end of 2016, the balance of “Fengsheng Loan” products reached 5.45 billion yuan, an increase of 3.45 billion yuan in the year, with a growth rate of 173%, which won a good market in various markets. Word of mouth. At the beginning of 2017, Baoshang Bank seized the business opportunities during the spring farming period and further expanded the market share of “bumper loans”. By the end of August, the balance of “rich harvest” products had reached 9.6 billion yuan, and the increase has exceeded that of last year. year.

Tailored "agricultural loan" products

Baoshang Bank continued to innovate financial products, launched a project business model in 2016, and designed credit products for customers such as farmers, herdsmen, farmers and herdsmen's cooperatives, family farms, etc., and officially launched “agricultural loan” products in early 2017. Provide credit support for farmers and herdsmen to purchase agricultural machinery and equipment. Baoshang Bank signed a formal cooperation agreement with Inner Mongolia Agriculture and Animal Husbandry Machinery Industry Association to establish a strategic partnership and plan to provide financing for financing, settlement and wealth management for agricultural machinery manufacturers, agricultural machinery dealers, agricultural machinery cooperatives and their upstream and downstream customers. Service plan. In order to better serve farmers and herdsmen, Baoshang Bank has created a “Agricultural Machinery Loan” product application link on the website of Agricultural Machinery. Customers can directly apply for online agricultural loan application through the website of Agricultural Machinery, so that farmers and herdsmen can “get out of the house without leaving the house. Convenient financial services for online purchase and online loan review. As of the end of August 2017, Baoshang Bank has completed 45 approvals for agricultural machinery projects and has issued loans of more than 90 million yuan.
 

Actively promote the "two powers" mortgage

Since 2015, Baoshang Bank has actively explored business models and product innovations. It has piloted the “two powers” ​​mortgage loan in Hulunbeier Arong Banner, Chifeng Keshiketeng Banner and Baotou Tumoteyouqi, and explored the formation of “farmers”. + Cooperative + land transfer service center mode, that is, local farmers and herdsmen volunteer to set up a professional cooperative of agriculture and animal husbandry, transfer the land of farmers and herdsmen with loan demand to the name of the cooperative, and the cooperative will issue a business commitment letter to help the bank monitor the agriculture and animal husbandry. The land use situation during the loan period is responsible for coordinating the re-circulation of land and other related matters, and effectively controlling risks. This model relies on the “two powers” ​​mortgage, promotes large-scale planting through the effective circulation of rural land, and realizes the continuous cultivation of farmers, which helps to promote and promote the cultivation of new business entities such as moderate-scale family farms. As of the end of August 2017, Baoshang Bank had issued “three rights” mortgage loans of 38.04 million yuan in Chifeng and Hulunbeier.

Open the "bank + government + guarantee company" cooperation mode

In order to vigorously support the development of agriculture and animal husbandry in Inner Mongolia Autonomous Region, and to explore new business models for agriculture-related loans, in June 2017, Baoshang Bank cooperated with Inner Mongolia Caixin Agricultural Credit Guarantee Co., Ltd. to engage in agricultural and livestock production within Inner Mongolia. Loan services provided by farmers and herdsmen, large-scale farming, family farms, professional cooperatives of farmers and herdsmen, socialized service organizations for agriculture and animal husbandry, and leading enterprises in agriculture and animal husbandry, with a total project value of 3 billion yuan, single business It is 5 million yuan high and has a long term of 3 years.