China Agricultural Development Bank Forestry Loan Management Measures (Trial) Notice

(1995, June 2 1 Agricultural Development Bank Word [1995] 150)

China Agricultural Development Bank branches in all provinces, autonomous regions and municipalities directly under the central government:

The measures for the administration of forestry loans of China Agricultural Development Bank (for Trial Implementation) are hereby printed and distributed to you, please follow them. If there are any problems in the implementation process, please report them to the Head Office in time.

Attachment: Measures for the Administration of Forestry Loans of China Agricultural Development Bank (for Trial Implementation)

Chapter I General Provisions

Article 1 With the approval of the People's Bank of China, forestry loans will be handled by China Agricultural Development Bank from 1995. In order to manage and make good use of this loan, these measures are formulated.

Article 2 Forestry loan is a special policy-subsidized loan provided by China Agricultural Development Bank for building fast-growing and high-yield forests, cultivating young and middle-aged forests, increasing seedling forest production and state-owned and collective forest farms, developing diversified businesses, comprehensively utilizing forestry production, improving economic benefits and giving financial support.

Article 3 The basic task of forestry loans is to provide necessary financial support for the protection and management of existing forests, vigorously afforestation and greening, expanding forest stock, rationally utilizing forest resources, establishing a relatively developed forestry industrial system and a relatively complete ecological system, and giving full play to the multiple functions and comprehensive benefits of forests.

Article 4 Forestry loans must adhere to credit policies and principles such as "adapting measures to local conditions, treating them differently, giving preferential support", "applying voluntarily, borrowing first, returning at maturity, and fulfilling debts", and "examining before lending, ensuring benefits, and issuing independently by banks".

Chapter II Scope and Use

Article 5 The scope of use of forestry loans: used for the construction of timber forests, the development of economic forests, the nurturing of young and middle-aged forests, diversified management and comprehensive utilization in state-owned and collective forest farms.

Article 6 The main purposes of forestry loans are:

(a) the cost of seeds, seedlings, fertilizers, pesticides and other expenses required in the process of seedling raising, afforestation and tending management.

(two) the purchase of production machinery, the construction of simple forest roads, the purchase of necessary transportation equipment and other production facilities.

(3) Develop diversified businesses, including planting, breeding, mining and processing.

(four) production and construction funds closely related to forestry production.

Chapter III Objectives and Conditions

Article 7 The objects of forestry loans: all kinds of forestry enterprises, institutions, all kinds of forestry economic consortia, state-owned forestry enterprises and their collective economic entities.

Article 8 Basic conditions for applying for forestry loans

(1) The mountain forests operated must hold the mountain forest right and forest right certificate issued by the local government, and the contractor must have the afforestation approval document or a legally binding contract, and the lending period shall not exceed the contract period.

(two) forestry construction projects must be incorporated into the local government's forestry development plan; A variety of business projects must have the approval documents of relevant departments.

(three) have the ability to manage forestry, good economic benefits.

(four) the borrower must be an economic entity, with legal personality, independent accounting, independent management, self financing. Investment is mainly self-raised, and there must be self-raised funds accounting for more than 30% of the total investment. Use self-raised funds first, and then use loans.

(5) There is an economic entity with guarantee strength to provide guarantee or property that exceeds 25% of the loan amount as collateral.

(6) The contractor shall open a settlement account with the Agricultural Development Bank (the correspondent bank), accept the inspection and supervision of the Agricultural Development Bank (the correspondent bank), and provide the loan bank with relevant reports and materials such as production plan, capital flow, financial revenue and expenditure.

(seven) abide by the credit, have the ability to repay the loan principal and interest on schedule.

(8) The borrower shall take out relevant insurance.

(9) Projects applying for loans must comply with the Environmental Protection Law of People's Republic of China (PRC).

Chapter IV Types, Term and Interest Rate

Ninth forestry loans are divided into four categories: fast-growing and high-yield forest loans, economic forest loans, young forest tending loans and diversified business loans.

Tenth forestry loan period. According to the cycle length and comprehensive repayment ability of forestry production projects operated by borrowing units, and after predicting the economic benefits, it is reasonably determined. Fast-growing and high-yield forest loans shall not exceed seven years at the longest. The longest tending loan for economic forests and young and middle-aged forests shall not exceed five years. Diversified business loans shall not exceed three years at the longest.

Eleventh forestry loan interest rates in accordance with the provisions of the people's Bank of China. Loan repayment method: afforestation, forest protection and tending loans bear interest once a year; Loans for diversified operations bear interest once a quarter. The repayment of the principal will be repaid from the new income in a few years.

Article 12 The loan handling bank shall charge the borrower full interest. For forestry loans that need discount, China Agricultural Development Bank will issue an interest receipt, and the borrower will receive the discount from the relevant departments.

Chapter V Procedures

Thirteenth forestry loans to implement project management, the management procedures are:

(a) issued a loan plan control line. In the fourth quarter of each year, the control quota of forestry loans for the next year is issued from top to bottom, and banks at all levels organize project selection accordingly.

(2) declare the intended loan project. According to the loan plan control quota issued by banks, the projects proposed by the forestry department were investigated and preliminarily examined. After the preliminary examination of the feasibility project, the project unit shall fill in the forestry loan project plan and report it step by step.

(three) issued a loan plan. According to the credit plan, after reviewing, screening and balancing the projects reported by subordinate banks, the credit plan and project plan will be issued step by step from top to bottom.

(4) accepting loan applications. Units included in the project plan shall submit an application for forestry loan project to the bank, and submit the project proposal, feasibility study report and approval documents of relevant departments.

(5) check and evaluate. For the accepted loan application, the bank shall promptly organize the investigation and evaluation of the loan project and write the evaluation report, together with the loan application, project proposal, feasibility study report and its approval documents, to form the project loan approval materials.

(6) Submitting for approval. The project loan approval materials that have been formed should be reported to the superior bank step by step and approved according to the prescribed authority; If it is necessary to change the project, it is necessary to re-select the project and go through the examination and approval procedures only after it is approved.

(7) issuance. After the loan project is approved, the bank will sign a loan contract with the borrower and issue loans according to the project implementation progress and the order of fund use.

(eight) the establishment of project files. After the loan is issued, the handling bank shall classify, collect and sort out all kinds of data of each project and establish project files.

(9) Follow-up inspection. The handling bank and the approving bank should always track and check the project implementation, loan use, financial revenue and expenditure, economic benefits, etc. , and solve problems in time.

(10) Collect the loan according to the contract. The handling bank shall, according to the repayment period agreed by both borrowers, issue a "notice of overdue loan" to the borrower before the loan expires, and recover the loan on schedule; For the loan that the project unit can't repay on schedule due to irresistible reasons, it can go through the formalities of deferred repayment according to the regulations.

(eleven) summary evaluation. After the completion of the project, the handling bank shall comprehensively evaluate the implementation of the loan project, sum up experience and write a written project evaluation report to the superior bank.

Chapter VI Management

Article 14 Plan management. The forestry loan plan shall be reviewed and reported step by step every year, arranged by the head office in a unified way, and implemented by project management. The arrangement basis of the loan plan:

(1) Source of funds. Namely afforestation, afforestation subsidies, self-raised funds, financial interest subsidies and funds planned by the People's Bank of China.

(two) local resource conditions, forestry production status and development potential.

(three) the completion of the credit plan last year and the level of loan management.

(four) report on forestry loan projects.

Article 15 Fund management. The implementation of the forestry loan fund plan should be consistent with the project, earmarked, and ensure timely arrival. After the forestry loan is recovered due, it will be rearranged by the provincial branch, but it must also be earmarked.

Article 16 Project management. Apply for forestry loans should be formally submitted to the project plan. The contents include: plan description, project classification, project implementation time, place, content, investment and self-raised funds, benefit analysis, market forecast, etc.

Seventeenth examination and approval authority management. Banks at all levels shall determine the corresponding examination and approval authority, and the specific provisions shall be issued separately.

Article 18 Statistical management. In order to accurately reflect the loan implementation and results, and feedback the real information to the superior bank, the loan handling banks at all levels should take statistical work as one of the contents of credit standard management.

(a) forestry loans use special accounting subjects.

(two) the bank shall establish a report reflecting the implementation of the loan.

(three) to recover the re-lending of forestry loans should still be accounted for in this account.

Article 19 Archives management. Banks at all levels should gradually establish and improve the economic files and project files of forestry loans, and establish alternative project libraries.

Chapter VII Supervision and Sanctions

Twentieth forestry loans have a long cycle and slow results. The loan handling bank should always supervise and inspect the implementation, use, financial revenue and expenditure and economic benefits of the project loan, find problems and solve them in time to ensure that the forestry loan is earmarked.

Twenty-first forestry loan handling banks should cooperate with the forestry department and the financial department to conduct an annual inspection of the use of forestry loans, and it is strictly forbidden for any unit or individual to misappropriate or intercept bank loans.

Twenty-second credit supervision of borrowers, mainly to check whether the implementation of the national forestry industry policy; Whether to perform the loan contract; Whether it conforms to the relevant national credit policies and rules and regulations.

Twenty-third in violation of the loan contract, depending on the specific circumstances, give economic sanctions such as raising interest rates, stopping the issuance of new loans, withholding loans or recovering loans in advance.

Chapter VIII Supplementary Provisions

Twenty-fourth these Measures shall be formulated by the head office of China Agricultural Development Bank, and shall be responsible for the interpretation and revision.

Twenty-fifth branches can formulate detailed rules for implementation according to these measures and local conditions, and report them to the head office for the record.

Article 26 Domestic laws shall come into force as of the date of promulgation.