六大行，集体官宣！

Core Viewpoint - The six major state-owned banks in China have collectively announced the implementation of a subsidy policy for personal consumption loans, effective from September 1, 2025, in response to a directive from the Ministry of Finance, the People's Bank of China, and the financial regulatory authority [2][11]. Group 1: Announcement Details - Agricultural Bank and Postal Savings Bank were the first to respond, stating they will implement interest subsidies for eligible personal consumption loans based on market-oriented and legal principles [2]. - Following this, other major banks, including Industrial and Commercial Bank of China (ICBC), also issued announcements regarding the implementation of the subsidy policy for personal consumption loans [4][5]. - The banks emphasized that they will not charge any service fees for processing these loans and warned customers to be cautious of potential scams [5][11]. Group 2: Implementation and Compliance - ICBC and other banks are actively working to implement the subsidy policy in accordance with the directives from the government, aiming to lower the cost of consumer credit and stimulate market activity [5][13]. - The banks will provide further details on the application process and guidelines through their official channels, including websites and social media [5][14]. - The subsidy policy is part of a broader initiative to boost domestic consumption and expand demand, as outlined by the central government [13][14]. Group 3: Scope of the Policy - The subsidy policy applies to a range of financial institutions, including six major state-owned banks and twelve nationwide joint-stock banks, as well as other personal consumption loan providers [11][16]. - There are concerns about non-compliant entities attempting to exploit the situation by offering similar services, highlighting the importance of consumers using official channels for such financial services [16].