Monetary policy. Implement inclusive finance targeted cuts to required reserve ratios, continue to implement and improve the preferential deposit reserve ratio policies of various service institutions in inclusive finance, give play to the transmission function of re-lending and rediscounting for supporting agriculture on capital investment and interest rate, create re-lending for poverty alleviation, and give play to the incentive and guiding role of macro-prudential tools.
Differentiated regulatory policies. Strengthen supervision and assessment. On the basis of previous regulatory assessment targets such as loans to small and micro enterprises, growth rate of agricultural loans, and number of households, the former CBRC put forward a new target of "two increases and two controls" in 20 18, focusing on small and micro enterprise loans with single household credit100000 yuan, and granting inclusive farmers and 65438+ operating loans with single household credit of 5 million yuan or less. Establish a differentiated supervision index system, apply preferential risk weights to loans of small and micro enterprises, incorporate banking financial institutions' inclusive finance services such as small and micro enterprises, agriculture, rural areas and poverty alleviation into the supervision and evaluation system, and appropriately improve the tolerance of non-performing loans of small and micro enterprises and agriculture. Support banks to issue special financial bonds for small, micro, rural areas and farmers, and broaden the sources of credit funds in inclusive finance. We will steadily promote business innovations such as securitization of loan assets, transfer of credit assets and transfer of income rights for small and micro enterprises, and accelerate the flow of funds. Broaden the channels for the disposal of non-performing assets, encourage pilot financial institutions to issue non-performing loan asset-backed securities for small and micro enterprises, and encourage the pilot transfer of non-performing asset income rights of small and micro enterprises through the banking credit asset registration and circulation center.
In terms of fiscal and taxation policies, the loan interest of qualified small and micro enterprises in banks is exempted from value-added tax, the loan contract is exempted from stamp duty, the loan loss reserve is allowed to be deducted before tax, the pre-tax deduction policy of SME financing (credit) guarantee institutions is continued, and the right of independent reduction is expanded. Integrate and set up special funds for the development of inclusive finance, including incremental incentives for agricultural loans of county financial institutions and targeted cost subsidies of rural financial institutions.
The answers were compiled by the customs data technology service platform, and the heads of relevant departments of the CBRC answered questions from reporters on the first release of the inclusive finance White Paper.
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