□ 通讯员 王梦冉 今年7月以来，连云港市启动企业贷款综合融资成本明示试点工作。在人民银行连云港市分行的积极组 织推动下，试点当月全市就完成417笔、合计17.64亿元贷款的综合融资成本明示，让企业融资成本 从"算不清"变"道得明"，更推动了连云港市市场利率持续走低，为实体企业注入了源源不断的金融"活 水"。 为让试点工作落地不落空，人民银行连云港市分行从机制、流程、宣传三方面发力：指导辖区内金融机 构制定专门的落实方案，明确每个金融机构的责任部门，把工作职责落到具体环节；指导金融机构结合 贷款发放收息收费环节，制定详细操作流程，确保每一笔贷款的成本核算都有章可循；引导辖区内金融 机构通过多种方式，向企业普及企业贷款综合融资成本知识。不管是网点的宣传物料，还是针对企业的 座谈讲解，都围绕"让企业知道自己要花多少钱"展开，帮企业树立成本意识，切实保护借款人的合法金 融权益。 在人民银行连云港市分行推动下，辖区内各金融机构会同贷款企业填写《企业贷款综合融资成本清 单》，把企业要承担的贷款利率以及担保费率、评估费率等所有非利息支出一一列清楚，并用年化率的 形式呈现综合融资成本，让企业一眼就能看清"每一分钱花在哪"， ...

Group 1 - The article emphasizes the importance of transparent loan financing costs for enterprises in Jiangxi, aiming to alleviate financing difficulties and enhance financial support for local businesses [1][5] - Jiangxi Rural Commercial Bank is leading the initiative to implement a "loan clarity paper" that outlines all costs associated with loans, including interest rates and guarantee fees, to ensure transparency [1][4] - The initiative has already shown positive results, with specific examples of companies saving significant amounts on financing costs through tailored financial products and services [2][3] Group 2 - The article highlights the proactive approach of local banks in identifying suitable financing options for businesses, such as government-backed guarantee products, which can reduce costs for enterprises [2][3] - A comprehensive promotional strategy is being employed to ensure that the financing cost disclosure policy is well understood by businesses, utilizing both online and offline channels for effective communication [4] - The ongoing efforts aim to strengthen the trust between banks and enterprises, ultimately contributing to the sustainable development of the local economy in Jiangxi [5]

Core Viewpoint - The introduction of the "Loan Clarity Sheet" significantly enhances transparency in corporate financing costs, allowing businesses to clearly understand all associated costs before taking loans, thus improving the financing environment for enterprises [1][2][3]. Group 1: Implementation of the Loan Clarity Sheet - Starting from September 2024, the People's Bank of China will launch a pilot program in five provinces to implement the "Loan Clarity Sheet," which details both interest and non-interest costs associated with loans [1]. - The pilot program has gradually expanded to cover most provinces in China, indicating a nationwide effort to improve loan transparency [1]. Group 2: Benefits for Enterprises - The "Loan Clarity Sheet" has helped companies like Shanxi Jiangshan Seed Industry avoid illegal intermediary financing traps, revealing that banks do not charge hidden fees such as "channel fees" [2]. - By using the "Loan Clarity Sheet," Shanxi Jiangshan Seed Industry successfully applied for a loan of 5 million yuan, with the comprehensive financing cost being solely the interest [3]. - Enterprises report that the clarity provided by the "Loan Clarity Sheet" allows them to understand the full scope of financing costs, thus protecting their rights as financial consumers [3]. Group 3: Enhanced Financing Adaptability - The "Loan Clarity Sheet" enables companies to better assess their eligibility for preferential policies and negotiate lower financing costs [4]. - For instance, Shandong Binzhou Yellow River Baoshan Concrete Co., Ltd. managed to reduce financial costs by nearly 40% through the use of the "Loan Clarity Sheet" [4]. - The consolidation of various costs into a single document fosters trust and cooperation between banks and enterprises, leading to tailored financial services [4].

Core Viewpoint - The People's Bank of China has initiated a pilot program to clearly disclose the comprehensive financing costs of corporate loans, enhancing transparency and reducing financing costs for enterprises [1][5][6] Group 1: Pilot Program Implementation - The pilot program started in September 2024 in five provinces and has expanded to cover most provinces in China [1] - The program involves banks and enterprises filling out a "Loan Clarity Sheet" that details all financing costs, ensuring that enterprises understand their total financing expenses upfront [2][5] Group 2: Impact on Financing Costs - The program aims to lower the overall financing costs for enterprises, particularly for small and medium-sized enterprises (SMEs) [3][5] - Interest rates for new corporate loans have decreased significantly, with the average rate around 3.2% as of July 2025, down approximately 45 basis points from the previous year [2][3] Group 3: Transparency and Trust - The "Loan Clarity Sheet" reduces information asymmetry, allowing enterprises to clearly see all costs associated with loans, including interest and non-interest expenses [2][5] - By providing a detailed breakdown of costs, the program helps enterprises avoid hidden fees and potential scams from intermediaries [4][5] Group 4: Broader Financial Environment - The pilot program is part of a broader effort by the People's Bank of China to create a favorable financing environment for high-quality economic development [6] - The initiative is expected to enhance the trust between banks and enterprises, leading to better financial services and cooperation [5][6]

Core Viewpoint - The People's Bank of China is implementing a pilot program to clarify the comprehensive financing costs of corporate loans, enhancing transparency and reducing the financial burden on small and medium-sized enterprises [1][3]. Group 1: Pilot Program Implementation - The pilot program for the "Loan Clarity Sheet" started in September 2024 in five provinces, aiming to clearly outline both interest and non-interest costs associated with corporate loans [1]. - The initiative has expanded its coverage to most provinces in China, ensuring that financial consumers are informed about the costs they incur [1]. Group 2: Impact on Small and Medium-sized Enterprises - The "Loan Clarity Sheet" has made non-interest costs transparent, helping small and medium-sized enterprises avoid hidden fees and better understand their financing costs [2][3]. - An example from Shanxi illustrates how a small enterprise avoided a 3% channel fee by using the "Loan Clarity Sheet," leading to a successful loan application of 5 million yuan [2]. Group 3: Breakdown of Financing Costs - Corporate loan costs are categorized into interest costs and non-interest costs, with the latter including various fees that can be opaque and burdensome for enterprises [3]. - The "Loan Clarity Sheet" details all costs, including interest and non-interest expenses, thereby reducing information asymmetry and enhancing the understanding of financing fees [3][4]. Group 4: Benefits of the "Loan Clarity Sheet" - The "Loan Clarity Sheet" improves the adaptability of financing by allowing enterprises to identify potential discounts and negotiate better terms based on a clear understanding of their costs [4]. - It also enhances trust between banks and enterprises, facilitating tailored financial services and fostering a cooperative relationship [5].

Core Viewpoint - The People's Bank of China, Fujian Branch, has initiated a program to promote transparency in the comprehensive financing costs of corporate loans, aiming to protect the rights of enterprises and further reduce these costs [1]. Group 1: Components of Comprehensive Financing Costs - Comprehensive financing costs for corporate loans include both interest costs and non-interest costs. Interest costs are typically stated in loan contracts, while non-interest costs encompass various fees such as collateral guarantee fees, pledge supervision fees, bridge or emergency transfer fees, intermediary service fees, syndicate loan fees, and trade financing fees [2]. Group 2: Importance of Transparency - Historically, while interest rates in loan agreements were disclosed, non-interest costs were not. Therefore, it is crucial to disclose both interest and non-interest costs to ensure financial consumers are informed, enhance trust between banks and enterprises, and promote the reduction of overall financing costs [3]. Group 3: Implementation of Transparency - Banks will collaborate with enterprises to fill out a "Comprehensive Financing Cost List" (loan clarity document) before the loan is issued. This document will detail the interest and non-interest expenses, aggregating various costs and calculating annualized rates for each fee, ensuring clarity for enterprises [4]. Group 4: Definition and Benefits of the "Loan Clarity Document" - The "Loan Clarity Document" is a checklist filled out by enterprises and banks during the loan process, which clearly lists not only the loan interest but also various non-interest fees such as guarantee fees, insurance fees, evaluation fees, pledge supervision fees, collateral registration fees, and notarization fees, allowing enterprises to understand their financing costs [5]. - The document enhances transparency of financing costs by presenting a unified view of the components, helping enterprises understand the sources, amounts, and annualized rates of all financing costs. It also strengthens trust between banks and enterprises by demonstrating any fee reductions or payments made by banks on behalf of enterprises, thereby deepening cooperation [6].

Core Insights - The introduction of the "Loan Clarity Paper" aims to enhance transparency in the financing costs for enterprises, addressing the hidden fees associated with loans, such as guarantee fees and intermediary fees [1][2] - The People's Bank of China has initiated a pilot program in Sichuan province to standardize the disclosure of comprehensive financing costs, which is expected to reduce the overall financing burden on small and medium-sized enterprises (SMEs) [1][2] Group 1 - The "Loan Clarity Paper" provides a detailed breakdown of all financing costs, allowing businesses to understand their total borrowing costs better [1] - The pilot program has seen participation from over 200 banks and more than 1,000 branches in Sichuan, serving over 20,000 enterprises and involving amounts exceeding 200 billion [2] - The initiative has led to tangible benefits for businesses, such as reduced interest rates and waived fees, exemplified by a case where a company saved over 50,000 in interest payments [2] Group 2 - The program has increased trust among clients, reducing concerns about hidden fees and encouraging more businesses to seek loans [2] - The People's Bank of China plans to continue promoting the pilot program and work with relevant departments to regulate non-interest costs and eliminate unreasonable charges [2]

Core Points - The People's Bank of China Suining Branch has initiated a pilot program to clarify comprehensive financing costs for enterprises, focusing on transparency and service precision [1][2] - The program aims to help small and micro enterprises understand the breakdown of financing costs, including interest and non-interest fees, through a detailed cost list [2][3] - Training sessions for bank staff have been conducted to enhance understanding and communication of financing costs to clients, resulting in increased customer trust and satisfaction [3] Summary by Sections Pilot Implementation - The pilot program was officially launched in March 2025, targeting small and private enterprises, with 17 banks and 463 branches in Suining participating [2] - A comprehensive financing cost list is provided to clients, detailing all associated fees, which has improved their understanding of total financing costs [2] Clear Guidance - The initiative has led to a significant increase in customer trust and satisfaction, as all fees are now clearly outlined [3] - Over 40 training sessions have been held for bank employees, with more than 800 staff trained to effectively communicate the financing cost structure to clients [3] Service Optimization - The program has resulted in banks covering certain fees for clients, leading to direct financial benefits, such as a client saving over 2000 yuan on a loan application [4] - Since the pilot's launch, banks have waived 181,400 yuan in fees for clients who filled out the financing cost list, with the average interest rate for new loans to small enterprises in May 2025 being 3.88%, a decrease of 0.33 percentage points year-on-year [4]