六大行，集体官宣

Core Viewpoint - The Ministry of Finance, the People's Bank of China, and the Financial Regulatory Bureau have jointly developed the "Implementation Plan for Fiscal Subsidies on Personal Consumption Loans," which has prompted major state-owned banks to announce their participation in the subsidy program starting September 1, 2025 [1][2][3]. Group 1: Major Banks' Responses - Agricultural Bank of China announced it will implement fiscal subsidies for eligible personal consumption loans starting September 1, 2025, following market-oriented and legal principles [2]. - Postal Savings Bank is actively organizing the implementation of the fiscal subsidy policy for personal consumption loans and service industry loans [3]. - Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Bank of Communications have also announced their participation in the fiscal subsidy program [5]. - China Construction Bank confirmed it will strictly execute the subsidy policy starting September 1, 2025, for eligible customers [11]. - Bank of Communications stated it will comply with the fiscal subsidy policy for personal consumption loans and service industry loans [13]. Group 2: Other Banks' Announcements - Several joint-stock banks, including China Merchants Bank, Guangfa Bank, and Industrial Bank, have also issued announcements regarding the implementation of fiscal subsidies for eligible loans [15]. - China Merchants Bank emphasized its commitment to reducing consumer credit costs and enhancing consumer potential through the subsidy program [17]. - Guangfa Bank reiterated its adherence to the subsidy policy and plans to implement it starting September 1, 2025 [18]. Group 3: Loan Issuing Institutions - The loan issuing institutions include six major state-owned commercial banks, twelve national joint-stock banks, and five other personal consumption loan issuing institutions [20].