During the epidemic period, commercial banks can postpone the issuance of loans to wholesale and retail, accommodation and catering, logistics and transportation, cultural tourism and other industries. Enterprises, especially small and micro enterprises, which are greatly affected by the epidemic and have development prospects but temporarily encounter difficulties due to the epidemic.

legal ground

Notice on Further Strengthening Financial Support to Prevent and Control novel coronavirus

(three) to provide differentiated preferential financial services for regions, industries and enterprises that are greatly affected by the epidemic. Financial institutions should adjust regional financing policies, transfer pricing of internal funds, implement differentiated performance appraisal methods and other measures to enhance the financial supply capacity in areas with severe epidemic. For wholesale and retail, accommodation and catering, logistics and transportation, cultural tourism and other industries that are greatly affected by the epidemic, as well as enterprises that have development prospects but are temporarily difficult due to the epidemic, especially small and micro enterprises, they are not allowed to blindly lend, cut off loans or pressure loans. Enterprises seriously affected by the epidemic situation may extend or renew their loans if it is difficult to repay them at maturity. Support related enterprises to overcome the impact of epidemic disasters by appropriately reducing loan interest rates, increasing credit loans and medium and long-term loans. Government financing guarantee re-guarantee institutions at all levels should cancel the counter-guarantee requirements and reduce the cost of guarantee and re-guarantee. For financing guarantee re-guarantee institutions in areas with severe epidemic, the national financing guarantee fund will charge re-guarantee fees by half.