Turpan Branch Of The Agricultural Development Bank Put In 90 Million Yuan Cotton Loan To Help Textile Enterprises

    In March 25th, the Sales Department of the Turpan branch of the Agricultural Development Bank put the cotton processing loan of the leading processing enterprises 90 million yuan to the Xinjiang Ruze Textile Co., Ltd. (hereinafter referred to as Ruze Textile Co., Ltd.), which helped the enterprise buy about 6450 tons of lint, which ensured the normal operation and processing of the enterprises. It fully promoted the leading position and brand image of the policy banks in the cotton field, and promoted the cotton branch of Turpan branch. Flower credit business is heading for high quality development.

Ruizhe textile is one of the newly established poverty alleviation enterprises in the autonomous region. It has the most advanced and automated production equipment, with an annual production capacity of about 150 thousand spindles. The main products are combed 32S and 40s high-grade yarn. The scale of production is about 1600 tons per month. The products are mainly exported to Guangdong, Zhejiang, Jiangsu and other major domestic garment production bases, with stable orders and good production and marketing rates. After understanding the financing needs of the enterprises, the business department of Turpan branch of the Agricultural Development Bank has strengthened its responsibilities and actively serves the development of the real economy. In order to provide high quality credit services to enterprises, credit officers actively take the initiative to link up. When they know that the enterprise has signed a procurement contract with China textile cotton Xinjiang limited, the customer manager promptly verifying the authenticity of the purchase and sale contract, completes the pre loan conditions implementation and all preparatory work, controls the entrance of the credit funds safely, and synchronously advances the loan supervision process, and finally achieves the smooth loan delivery. In the process of running the loan, the city, county and bank are linked together, and the former and the backstage jointly run the loan. The customer managers define the responsibility of each level to follow up the progress of the process one by one, so as to ensure that the credit funds are issued in the shortest time, providing customers with fast and high-quality financial services, and effectively solving the urgent need for the capital turnover of enterprises.

    The issuance of the cotton distribution loan of the leading processing enterprise has signed a labor contract with the 10 poverty-stricken households in Turpan (the poverty relief policy), and solved the basic living problems of the poor households. The annual income of the poor households reached 42 thousand yuan, and the direct income of the poor people was 420 thousand yuan. It has a good role in promoting poverty alleviation and services, giving full play to the leading role of the Agricultural Development Bank's poverty alleviation pioneers.