The time of issue:2012-06-14 9:14:36 view number:
Recently, Henan Province, the Agricultural Development Bank and the provincial grain enterprises in Zhengzhou, signed a cooperation agreement, the establishment of Henan Province, the provincial food companies food co-guarantee fund. The project has put up a bridge between the food companies and financial institutions credit business, the breakthrough to solve the grain enterprises financing bottlenecks, scientific and effective manner to allocate credit to achieve the "over-collected grain, received good food, anti-risk".
Henan is the largest province of the National Agricultural and food conversion processing of a large province's total grain output accounting for one tenth of wheat production accounts for a quarter of. "Food security" and "efficiency" is an important responsibility borne by the food industry in Henan. This year, the increase in wheat acreage in Henan Province, doing well overall, late the absence of unusual circumstances, is expected to once again harvest of summer grain. The summer grain harvest, the acquisition of the task increased, making the troubled food enterprise development solved the problem of financing.
For the strong support of the Central Plains and Henan Grain building the core area, establish and improve the provincial state-owned grain enterprises credit system, increase the credit support of financial institutions on the state-owned grain enterprises, effectively easing the financing difficulties of grain enterprises, give full play to the main channel, ensure national food security and protect the interests of grain farmers. The joint proposal of the Henan Provincial Grain Bureau and the provincial Agricultural Development Bank, Henan Grain Group and Henan Provincial Grain Trade and Logistics Markets Limited, co-sponsored by 10 provincial food enterprises to participate in the establishment of a co-guarantee fund of Henan Province, the provincial food companies food.
The Fund membership to "voluntary credit-based loan mutual insurance, risk-sharing" principle to ensure that each member their own credit on the basis of the organization members to carry out the credit union. Member companies pay jointly guarantee payment to the Fund, signed a mutual agreement between members of common bond for member business loans due, not be able to raise short-term part of the compensation when the repayment of funds in full, more than the common bond in part by the sponsor unit paid in advance . Member companies apply for a special loan to the Agricultural Development Bank, to pay not less than 10% of the total amount of the loan guarantee fund, the Agricultural Development Bank to give businesses more than 10 times the security deposit credit line to enterprises in the use of funds within the fund secured a special line of credit.