Jin Rong Shi Bao·2025-07-02 01:55Group 1 - Typhoon "Doksuri" made landfall in Fujian on July 28, 2023, causing severe damage with approximately 2.67 million people affected and direct economic losses of 14.755 billion yuan [1] - The financial system in Fujian has been proactive in disaster response, providing timely financial services to affected communities [1][2] Group 2 - Jinjiang Rural Commercial Bank launched a special credit loan product called "Jinqing Assistance Loan" with a total quota of 800 million yuan, offering interest subsidies to support small and medium-sized enterprises affected by the typhoon [2] - Within a month after the typhoon, Jinjiang Rural Commercial Bank issued nearly 50 million yuan in "Jinqing Assistance Loans" to support local businesses [2] Group 3 - Zhangzhou Rural Commercial Bank provided a 1.7 million yuan no-repayment loan to a fish farming company affected by the typhoon, helping them resume operations [3] - The People's Bank of China (PBOC) in Fujian increased support for disaster recovery by implementing policies to guide local financial institutions in providing credit support for recovery efforts [3] Group 4 - Agricultural Bank of China in Xiamen expedited the payment of wages for 532 migrant workers on the day of the typhoon's landfall, ensuring timely salary disbursement despite adverse conditions [4] - China Merchants Bank in Quanzhou facilitated a cross-border payment of over 51 million USD for a chemical company facing operational challenges due to the typhoon [4] Group 5 - The PBOC in Fujian emphasized the importance of disaster prevention and response, urging financial institutions to strengthen risk management and ensure service continuity during the typhoon [5][6] - The PBOC also opened a green channel for disaster relief fund transfers, allocating 100 million yuan to severely affected areas [6] Group 6 - Financial institutions in Fujian utilized data-driven approaches to identify and assist affected clients, providing tailored credit support to those facing repayment difficulties [7] - Affected financial credit villages received targeted assistance, with 75,000 yuan in credit support provided to 10 households in a disaster-hit village [7] Group 7 - Insurance companies in Xiamen quickly processed claims for disaster insurance, with the first claim payment made within hours of the typhoon's impact [8][9] - The Xiamen government implemented a catastrophe insurance program to support disaster relief efforts, with over 200 claims processed during the typhoon [9]