Join hands to serve inclusive small and micro enterprises and jointly promote the "Micro-helping Program" Ping An Bank and MYbank signed a strategic cooperation agreement

time:2023-03-24 02:21:32 source:clevelanddrifters.com author:Technology stocks
Join hands to serve inclusive small and micro enterprises and jointly promote the "Micro-helping Program" Ping An Bank and MYbank signed a strategic cooperation agreement

On September 20, Ping An Bank and MYbank signed the "Strategic Cooperation Agreement" in Hangzhou. The two parties will carry out comprehensive cooperation in areas such as inclusive finance, supply chain finance, inter-bank finance, investment banking, and wealth management to achieve complementary advantages and resources. Share, better serve small and micro enterprises and the general public, and promote high-quality economic development. Witnessed by Hu Yuefei, President of Ping An Bank, and Jin Xiaolong, Chairman of MYbank, Wang Ronghui, President of Ping An Bank's Retail Credit Division and President of Inclusive Finance Division, and Lin Xueguan, Director of MYBank, signed the "Strategic Cooperation Agreement" on behalf of both parties. ". Tang Jiacai, Assistant President and Chief Information Officer of Ping An Bank, and Sun Xiaodong, Chief Risk Officer of MYbank, attended the signing ceremony. It is reported that since 2017, the two sides have carried out extensive cooperation in inter-bank finance. At the end of 2019, Ping An Bank cooperated with MYbank to provide "contactless loans" to 8.5 million online and offline stores. In July 2021, the All-China Federation of Industry and Commerce announced that, together with Ping An Bank, MYbank, etc., they will jointly launch a new year's "Wechat Assistance Program". The "Micro-Aid Program" was initiated by the All-China Federation of Industry and Commerce, a number of industry associations, and a number of financial institutions such as Industrial and Commercial Bank of China, Ping An Bank, and MYbank. It has been carried out for three consecutive years. Key tasks such as scientific and technological innovation, employment promotion, etc., support the resumption of work, production and healthy development of small and micro enterprises and self-employed individuals. Not long ago, a report released by the All-China Federation of Industry and Commerce showed that in the past two years, a total of 127 banks have joined the “Micro-Assistance Program”. During the period, the average monthly service for small and micro customers exceeded 3 million, and the accumulated loans exceeded 4 trillion yuan. Ping An Bank said that in the future, it will strengthen resource sharing with MYbank, build all-round cooperation, continue to jointly promote the "micro-assistance plan", better synergistically play the role of financial vitality, jointly expand the coverage of small and micro financial services, and continue to reduce comprehensive financial services. Financing costs, strengthen financial support for small and micro enterprises, individual industrial and commercial households and other small and micro market players. In recent years, Ping An Bank has closely followed the national strategy, actively implemented the major decisions and deployments of the CPC Central Committee and the State Council. We will continue to increase support for key areas such as national consumption, private enterprises, small and micro enterprises, strategic industries, green finance, and rural revitalization, and comprehensively enhance the ability of finance to serve the real economy. As of the end of June 2022, the number of personal customers of Ping An Bank exceeded 120 million, the number of monthly active customers of Ping An Pocket Bank APP exceeded 48 million, the balance of personal loans exceeded 1.9 trillion yuan, and the "inclusive small-scale small business" with a single credit line of 10 million yuan or less The balance of "micro-enterprise loans" exceeded 420 billion yuan, and the number of customers with balances of "inclusive small and micro-enterprise loans" reached 960,000, ranking among the top national joint-stock banks. MYbank is an Internet bank that serves small and micro businesses. Since its establishment 7 years ago, it has provided credit services to more than 49 million small and micro enterprises, and 80% of the new customers in 2021 will obtain operating loans from banks for the first time. MYbank said that it will continue to adhere to the concept of openness and cooperation, and be an assistant to support small and micro businesses from all walks of life. By combining its own advantageous resources such as technology and channels, it will work with peers, brands and other partners to expand the coverage of small and micro inclusive financial services. , to fill the market gap.

(Responsible editor:Hot industry)

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