The "Notice" requires that agricultural subjects who are greatly affected by the epidemic should not blindly borrow, cut off or pressure loans, extend or renew loans or adjust repayment interest plans, reduce loan interest rates, reduce handling fees and improve the tolerance of non-performing loans.
The "Notice" pointed out that it is necessary to unblock the risk mitigation channels of agricultural loans and promote the innovation of agricultural insurance products.
Among them, the China Banking Regulatory Commission affirmed the experience and practices of rural inclusive finance reform pilot areas, such as lankao county in Henan Province and Chengdu in Sichuan Province, and asked all localities to learn from them.
Insurance is mentioned in 13 of the Notice, and insurance has become a key financial force serving agriculture, countryside and farmers.
0 1
Support the shortcomings in the fields of agriculture, rural areas and farmers.
Give play to the insurance function and participate in improving the basic medical insurance, serious illness insurance and basic old-age insurance system for urban and rural residents.
02
Ensure the effective supply of key agricultural products
1, promote the pilot project of full-cost income insurance for rice, wheat and corn.
2, do a good job in animal husbandry financial services, including pig industry, give play to the joint efforts of banks and insurance, and promote the stable supply of meat, eggs and milk.
3, increase credit and insurance support for the "vegetable basket" project, and strengthen financial support for the construction of cold chain logistics facilities for agricultural products storage and preservation.
03
Promote the development of various agricultural business entities.
1, broaden the coverage of agricultural insurance for small farmers.
2. Increase investment in industrial credit, and promote the growth of farmers in operational income through multiple channels.
3. Increase credit support for various rural professional cooperatives.
4. Support all types of returnees to innovate and start businesses, and give preferential treatment to returnees in terms of credit supply, loan extension and bad tolerance policies.
04
Strengthen financial services for special groups.
1. Improve the financing policy of pension service institutions and support wealth management products to participate in the construction of the third pillar of pension security.
2. Support the development of commercial endowment insurance products, endowment insurance management products, endowment wealth management products and trust products and other endowment financial products.
3. Support commercial insurance institutions to set up pension service institutions or participate in their construction and operation, and appropriately broaden the sources of insurance funds to invest in the construction of pension projects.
05
Do a good job in agricultural financial services during the epidemic prevention and control period.
1. Accurately meet the credit insurance needs of agriculture, countryside and farmers during the epidemic prevention and control period.
2. For the agriculture-related subjects that are greatly affected by the epidemic, if it is difficult to repay at maturity, it is not allowed to blindly borrow, cut off or pressure the loan, extend the loan, slow down the loan, renew the loan or adjust the repayment interest plan, reduce the loan interest rate, reduce the handling fee and improve the tolerance of non-performing loans.
06
Smooth channels for risk mitigation of agriculture-related loans
1. Give play to the functions of "obtaining customers, increasing credit and distributing risks", strengthen cooperation with the national agricultural credit guarantee system and the national financing guarantee fund, and deepen the cooperation mechanism between the government and banks.
2. Explore the credit+insurance cooperation mode, strengthen the enjoyment of bank and insurance information, give full play to the insurance guarantee function, and give preferential treatment to the insured agricultural projects in terms of credit line, interest rate and term.
3. Coordinate and promote local governments and relevant departments to improve the compensation ratio and coverage of the special risk compensation fund for agricultural loans.
07
Promote the innovation of agricultural insurance products
1, support all localities to carry out insurance for agricultural products with advantages and characteristics.
2. Optimize the "insurance+futures" pilot model.
3. Explore long-term care insurance in rural areas.
08
Strive to improve the quality of poverty alleviation and prevent it from returning to poverty.
1. Support insurance institutions to carry out policy-based agricultural insurance business in poor areas.
2. Accelerate the development of new types of insurance with local characteristics, such as agricultural product insurance, price insurance, income insurance and "insurance+futures".
3. Solidly carry out health and poverty alleviation such as serious illness insurance, and strive to implement the preferential payment policy for the poor people who have established the card.
09
Strengthen the support of poverty alleviation credit insurance
The banking and insurance industry should strive to achieve the assessment requirements that the balance of accurate poverty alleviation loans continues to grow, the average growth rate of various loans in deep poverty-stricken areas is higher than that in the provinces where they are located, the exclusive agricultural insurance products for poverty alleviation continue to increase, and the agricultural risk protection quota of poor households continues to increase.
10
Improve data statistics and information sharing mechanisms.
1. Establish a national inclusive finance statistical index system for the insurance industry, and actively explore the assessment mechanism for the insurance industry to serve inclusive finance.
2. The Banking Insurance Regulatory Bureau explores the establishment of an agricultural credit information sharing mechanism between bank insurance institutions and agricultural and rural authorities to promote multi-purpose for one household.
1 1
Strengthen the sinking of financial services
1. The Banking Insurance Regulatory Bureau should ensure that "basic financial services will not leave the village and comprehensive financial services will not leave the town" before the end of 2020.
2. For a few towns and villages that do not have the conditions for institutional setup, they can sink their services by setting up electronic equipment and mobile services.
12
Learn from lankao county in Henan and Chengdu in Sichuan.
1. Learn from the experiences and practices of rural inclusive finance reform pilot areas, such as lankao county in Henan Province and Chengdu in Sichuan Province.
2. Stimulate the endogenous motivation of banks and insurance institutions to develop rural inclusive finance.
13
Strengthen risk prevention and control.
1. Strengthen primary insurance supervision, intensify supervision and inspection in the field of agricultural insurance, and establish a normalized inspection mechanism.
2. Urge insurance institutions to make timely and full claims.
3. Severely crack down on illegal financial activities and resolutely curb the spread of illegal fund-raising to rural areas.
4. Cultivate farmers' awareness of financial risk prevention, responsibility and honesty, improve farmers' financial literacy, and form a good rural financial ecology.