PSBC(SH:601658) Jin Rong Shi Bao·2025-07-29 01:19Core Insights - The financial support and policies implemented in Jishishan County have significantly aided in the recovery and rebuilding efforts following the 6.2 magnitude earthquake on December 18, 2023 [1][3][5] Financial Support for Housing Reconstruction - Financial institutions have actively provided loans to support housing reconstruction, with a total of 57 billion yuan in loans issued to assist 17,000 affected households [1] - The People's Bank of China (PBOC) and local financial institutions have introduced specific loan products, such as the "Disaster Housing Loan" and "Disaster Reconstruction Loan," to facilitate the rebuilding process [3] - By June, loans in Jishishan County increased by 35.64 billion yuan, representing a growth of 73.59% compared to the end of 2023 [1] Support for Industry Revitalization - Financial institutions have shifted focus to support the revitalization of local industries, providing tailored credit products to help restore the economic "self-sustaining" capabilities of the affected areas [4] - A total of 7.74 billion yuan in credit was signed between 11 financial institutions and 21 local enterprises to support industrial recovery [5] - The Agricultural Bank of China has issued 2.99 billion yuan in loans to support local livestock and catering businesses [5] Financial Services and Cost Reduction - Financial services have been enhanced to reduce the financing costs for disaster-affected individuals and businesses, including interest rate reductions and fee waivers [7][8] - The average interest rate on new loans has decreased by nearly 100 basis points compared to pre-earthquake levels, while existing loan rates have been reduced by an average of 50 basis points [8] - The PBOC has guided local financial institutions to implement measures such as waiving various fees associated with loan processing to alleviate the financial burden on affected parties [8]