a Yantai Textile Co., Ltd. is a leading foreign trade enterprise in Yantai, mainly engaged in the export of bedding. Due to the continuous spread of the overseas epidemic and the closure of similar enterprises in some countries, the overseas orders of the enterprise have surged, and customers have opened a new medical mask production line, which is in urgent need of a lot of funds. The Party branch of Yantai Fushan sub branch of China CITIC Bank attached great importance to this and took the initiative to connect. The Secretary of Yantai Fushan sub branch personally led the team to provide door-to-door services, designed characteristic financing schemes for customers, simplified business processing procedures, successfully increased the credit line of 10 million yuan for the enterprise and realized full withdrawal, which alleviated the urgent needs of the enterprise. At the same time, the Party branch of the branch's international business department played a role as a fighting fortress, worked overtime to handle cross-border settlement business for customers, and the total collection and payment reached US $41.5786 million, making every effort to help the enterprise improve its production capacity. Today, the production and operation of enterprises are carried out in an orderly manner, and the export of products has increased steadily compared with the same period last year. These achievements are inseparable from the full support of China CITIC Bank
since this year, the Party committee of Yantai Branch of China CITIC Bank has actively implemented the relevant work requirements of the CPC Central Committee on financial support to "stabilize enterprises and ensure employment". For all kinds of financing needs of foreign trade enterprises, it adheres to special affairs and urgent affairs, and the financial support policy highlights the word "accuracy". On the one hand, "one enterprise and one policy" supports foreign trade enterprises to resume production by providing facilitation measures, innovating product applications and increasing credit; On the other hand, we will actively transfer profits and introduce preferential measures to reduce the financial costs of enterprises. At the same time, we will provide free foreign exchange market consultation to enterprises, design personalized and professional risk avoidance schemes for enterprises, and strive to improve the pertinence and accuracy of services, so as to coexist and prosper with enterprises and overcome difficulties
China CITIC Bank Yantai Branch" branch linkage"conducted in-depth enterprise research
by the end of September 2020, Yantai Branch of China CITIC Bank had issued 36 loans to 6 foreign trade enterprises, with a total amount of 1.365 billion yuan, an increase of 852 million yuan over the same period last year; handled 6 loan renewal for 3 foreign trade enterprises, with a total amount of 55.6279 million yuan; took the initiative to reduce the financing interest rate for 2 foreign trade enterprises, reduce the enterprise interest expenditure by 65000 yuan, and reduce the handling fee for many foreign trade enterprises, with a total reduction of 1.58 million yuan. Next step , Yantai Branch of China CITIC Bank will continue to implement the requirements of the CPC Central Committee and the Party committee of the general branch on serving foreign trade, accurately grasp the pulse, find out the needs of foreign trade enterprises, take all-round and multiple measures to alleviate the financing problems of foreign trade enterprises, and help maintain the business continuity of "stabilizing foreign trade"
the Party branch of the International Business Department of China CITIC Bank Yantai Branch works overtime to handle the collection and payment of foreign exchange for enterprises
source: China CITIC Bank Yantai Branch
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