Inner Mongolia Rural Credit Cooperatives continue to increase the investment in agriculture-related credit

[ China Agricultural Machinery Industry News ] In 2016, the rural credit cooperatives in Inner Mongolia accumulated a total of 152.8 billion yuan of agriculture-related animal husbandry loans, with a balance of 165 billion yuan, accounting for 65.1% of all loans, an increase of 1.8 percentage points over the end of the previous year. The national rural cooperative financial institutions accounted for an average of 3.3 percentage points; the new agriculture-related loans amounted to 17.8 billion yuan, an increase of 5 billion yuan over the previous year, and the growth rate of agriculture-related loans was 12.1%, higher than the average growth rate of various loans by 3 percentage points. Better achieved the "two no less than" goal.

Inner Mongolia Rural Credit Cooperatives continue to increase the investment in agriculture-related credit

On the basis of prioritizing the needs of traditional agricultural and livestock production funds, we will focus on supporting the innovation of food production, modern animal husbandry, agricultural and animal husbandry industrialization, and agricultural and livestock production and management. The “one project” will continue to increase credit support for new farming and animal husbandry operators such as family farms and ranches, large professional households, professional cooperatives for farmers and herdsmen, and leading enterprises in agriculture and animal husbandry.
Reasonably set the loan quota, term and repayment method, simplify the procedures for handling loans, improve the efficiency of examination and approval, appropriately reduce the threshold for credit entry, relax the conditions for credit enhancement, implement interest rate concessions, and effectively solve the problem of agriculture and animal husbandry. Civil financing problems.
We will comprehensively promote the trial period of extending loans, reduce the financing cost of agriculture and animal husbandry loans, further promote the financial innovation project of Fumin Huinong, and actively explore forest tenure, land contractual management rights, grassland contracting management rights and mortgage loans for farmers and herdsmen's housing property rights.

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