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What does China Agricultural Development Bank do?
At present, the main business of China Agricultural Development Bank is: ① Handling loans for purchasing, reserving and allocating grain, oilseeds and cotton determined by the State Council. (2) For national special reserve loans such as meat, sugar, tobacco and wool. (three) to handle the central government's allocation of subsidies for the above-mentioned major agricultural products, and to open a special account for the grain risk fund jointly established by the central and provincial governments and handle the allocation. (4) Simple loans to grain enterprises. (5) handle the deposits of enterprises and institutions that open accounts within their business scope. 6. Settlement of enterprises and institutions. ⑦ Issue financial bonds. (eight) to handle the international settlement business and foreign exchange deposits, foreign exchange remittances, foreign exchange interbank lending, foreign exchange trading on behalf of customers, and foreign exchange settlement and sale business under the import and export trade of grain, cotton and oil policy loan enterprises. Pet-name ruby handle other business approved by the State Council.