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央行新增千亿支农支小再贷款额度助力救灾
Zheng Quan Shi Bao·2025-08-19 18:56

Core Points - The People's Bank of China (PBOC) has increased the quota for agricultural and small business re-lending by 100 billion yuan to encourage financial institutions to support affected regions, particularly small and micro enterprises, individual businesses, and agricultural sectors [1] - The re-lending program is part of a long-term tool to support inclusive finance, with a previous increase of 300 billion yuan announced in May to bolster support for inclusive finance [1] - The current period is critical for flood prevention and disaster relief, with the Ministry of Finance and the Ministry of Emergency Management pre-allocating disaster relief funds to support emergency response efforts [1] - The PBOC had previously added 100 billion yuan to the re-lending quota last August to support flood relief and post-disaster reconstruction in 12 provinces [1] - The initiative aims to provide low-cost funds to financial institutions in disaster-stricken areas, enhancing their ability to serve local businesses [1] - The PBOC will supervise local branches to effectively utilize the new re-lending quota and guide financial institutions to meet the financing needs for flood relief and reconstruction [2]