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

First, maintain a reasonable and sufficient liquidity and increase monetary and credit support;

Maintain reasonable and sufficient liquidity. The People's Bank of China continues to strengthen the expected guidance, provide sufficient liquidity through various monetary policy tools such as open market operations, standing loan facilities, refinancing and rediscounting, and maintain a reasonable and sufficient liquidity in the financial market and a stable operation of interest rates in the money market. Branches of the People's Bank of China will appropriately increase the assessment tolerance of deposit reserve in the second half of 5438+2020 10 for financial institutions affected by the adjustment of the Spring Festival holiday. Guide financial institutions to increase credit supply to support the real economy and promote the reasonable growth of money and credit.

Provide differentiated and 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.

Improve financial services in social and people's livelihood areas affected by the epidemic. For those hospitalized or isolated people with new pneumonia, those who need isolated observers for epidemic prevention and control, those who have temporarily lost their livelihood due to the epidemic, financial institutions should appropriately tilt their credit policies, flexibly adjust personal credit repayment arrangements such as housing mortgage and credit card, and reasonably postpone the repayment period. Personal business guarantee loans infected with new pneumonia can be extended for one year and continue to enjoy financial discount support. Financial institutions should give priority to customers infected with new pneumonia or damaged by the epidemic, appropriately expand the scope of responsibility and make full compensation.

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Notice of the People's Bank of China, Ministry of Finance, Foreign Exchange Bureau, China Banking Regulatory Commission and China Securities Regulatory Commission on Further Strengthening Financial Support to Prevent and Control novel coronavirus.

Article 4 Improve financial services in the social and people's livelihood areas affected by the epidemic. For those hospitalized or isolated people with new pneumonia, those who need isolated observers for epidemic prevention and control, those who have temporarily lost their livelihood due to the epidemic, financial institutions should appropriately tilt their credit policies, flexibly adjust personal credit repayment arrangements such as housing mortgage and credit card, and reasonably postpone the repayment period. Personal business guarantee loans infected with new pneumonia can be extended for one year and continue to enjoy financial discount support. Financial institutions should give priority to customers infected with new pneumonia or damaged by the epidemic, appropriately expand the scope of responsibility and make full compensation.