In order to alleviate the short-term repayment pressure of small and micro enterprises, Bank of China issued working capital loans covering three financing periods to small and micro enterprises, with the longest financing period of 65,438+02 months. 65438+ 0 months before the expiration of each financing period, BOC conducts annual review of the enterprise. After the annual review is passed, small and micro enterprises can enter the next financing period without returning the loan principal. Those who fail to pass the annual review are not allowed to enter the next financing period, and the Bank of China will recover the loan when it expires.

(Answer time: April 2024 1)

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