He Xun Wang·2025-06-12 04:53Core Viewpoint - Agricultural Bank of China (ABC) is enhancing its financial services for small and micro enterprises in Luoyang through innovative financing solutions and digital tools, effectively addressing the challenges of access to finance and improving operational efficiency [1][2][4]. Group 1: Financial Services Innovation - ABC Luoyang branch injected 8 million yuan into a local equipment company, significantly improving its cash flow and production capabilities within 2 minutes of transaction [1]. - The bank has established a small micro financing coordination mechanism, which has cumulatively granted 13.42 billion yuan in credit, benefiting 22,800 small and micro enterprises [2]. Group 2: Digital Transformation - ABC has developed a comprehensive online product matrix for small and micro enterprises, including various loan products that can be accessed with minimal effort [3]. - The average loan processing time has been reduced by 20% due to the implementation of digital tools, allowing for a more efficient and streamlined experience for clients [3]. Group 3: Supply Chain Financing - The bank focuses on supply chain financing to enhance the efficiency of accounts receivable financing for small and micro enterprises, addressing the issues of high financing costs and accessibility [3]. - The unique "cloud chain factoring" model allows for the transformation of scattered and hard-to-confirm accounts receivable into efficient financing instruments, significantly improving the financing experience [3][4].