First of all, financial technology "accelerated" the development of escort entities.
China Merchants Bank is the first financial institution in the industry to propose to build a financial technology bank. Focusing on the goal of the head office's light bank, China Merchants Bank Fuzhou Branch has always adhered to the service concept of changing with you, driven by financial technology and business innovation, accelerating on the road of digital transformation and constantly opening up new horizons. Financial activities and economic activities; Financial stability and economic stability. In recent years, the digital wave triggered by financial technology has brought earth-shaking changes to the development of the financial industry, and also inserted powerful wings for financial services to the real economy.
Second, China Merchants Bank launched "Easy Finance"
In order to effectively improve the quality and effect of financial services in the real economy, China Merchants Bank launched a series of "Zhao Rong" services for the industrial chain development of core enterprises in the supply chain and the operation of upstream and downstream small and medium-sized enterprises, providing financial support around the real trade settlement scenarios in the upstream and downstream of the industrial chain and realizing accurate drip irrigation. At the same time, China Merchants Bank has continuously introduced innovative models, providing innovative services such as "serving one country", "online" and "invoice cloud" through financial technology, exporting digital financial service capabilities and improving the efficiency of supply chain financial services. Data show that in the first half of 20021,the scale of supply chain financing business of China Merchants Bank reached 292.8 billion yuan, up 66.12% year-on-year; Core enterprises in the supply chain and upstream and downstream customers increased by 98% and 150% respectively.
Supply chain finance is a comprehensive financial service such as settlement and financing provided by financial institutions for core enterprises and their upstream and downstream SMEs around the real trade settlement scene between core enterprises and suppliers. Through supply chain finance, core enterprises gain a more stable supply chain ecology, and upstream and downstream enterprises accelerate the withdrawal of cash, which can be described as "killing two birds with one stone"; However, in the past, due to the inconvenience of trade data verification and remote cooperation, supply chain finance has not been fully developed.