China financial regulator orders support for freight logistics

   2022-04-12 ecns0
核心提示:China's banking and insurance regulator has called on financial institutions to take targeted and effective measures to help the freight log
China's banking and insurance regulator has called on financial institutions to take targeted and effective measures to help the freight logistics sector tide over difficulties.The China Banking and Insurance Regulatory Commission said that more funds should be channeled to the sector.More inclusive loans should go to small and micro firms and individual businesses in the transportation sector, it added.Banking institutions should make reasonable arrangements for loan extension or renewal as appropriate if the truck drivers face difficulties in repaying their auto loans due to the COVID-19 epidemic, the regulator said.The institutions should also lower loan interest rates and reduce charges appropriately on the basis of their operating conditions and the customers' repayment ability, said the commission.Insurance companies were encouraged to develop accident insurance products that target the needs of special posts such as truck drivers and couriers, according to the regulator.China's banking and insurance regulator has called on financial institutions to take targeted and effective measures to help the freight logistics sector tide over difficulties.The China Banking and Insurance Regulatory Commission said that more funds should be channeled to the sector.More inclusive loans should go to small and micro firms and individual businesses in the transportation sector, it added.Banking institutions should make reasonable arrangements for loan extension or renewal as appropriate if the truck drivers face difficulties in repaying their auto loans due to the COVID-19 epidemic, the regulator said.The institutions should also lower loan interest rates and reduce charges appropriately on the basis of their operating conditions and the customers' repayment ability, said the commission.Insurance companies were encouraged to develop accident insurance products that target the needs of special posts such as truck drivers and couriers, according to the regulator.
 
标签: Economy
反对 0举报 0 评论 0
 

免责声明:本文仅代表作者个人观点,与好速译英语翻译(本网)无关。其原创性以及文中陈述文字和内容未经本站证实,对本文以及其中全部或者部分内容、文字的真实性、完整性、及时性本站不作任何保证或承诺,请读者仅作参考,并请自行核实相关内容。
    本网站有部分内容均转载自其它媒体,转载目的在于传递更多信息,并不代表本网赞同其观点和对其真实性负责,若因作品内容、知识产权、版权和其他问题,请及时提供相关证明等材料并与我们留言联系,本网站将在规定时间内给予删除等相关处理.

点击排行