Hebei Branch Strongly Supports Cotton Purchase

The annual acquisition of new cotton is about to begin. To promote the province cotton The Hebei branch of the agriculture development bank will support the acquisition of new cotton as the most important task in the current work. We should arrange early, grasp the policy and advance services, and strive to achieve "one stick, two invariable and Three Guarantees", that is, adhere to the guiding ideology of preventing and controlling risks under the premise of not playing the white bill; in order to prevent the occurrence of "selling cotton difficultly" and "playing the White Bill" as the primary task, we must keep the linkage between acquisition and storage as the basic policy unchanged; ensure that cotton purchase credit funds are supplied in a timely, full, stable and orderly manner, so as to ensure that cotton purchase is not caused by the problems in the work of the Agricultural Development Bank, so as to ensure that cotton loans do not have risks due to the poor management of the loans issued by the agricultural development bank.

As early as the beginning of April this year, the bank organized its strength to the whole province. Cotton planting The production situation and market situation were investigated. On the basis of in-depth field research, a symposium attended by the provincial development and Reform Commission, the agriculture department, the Bureau of cotton inspection and the cotton association was held in August 19th, and the cotton production situation and the development trend of the whole province were analyzed and understood. According to estimates, this year's bank loans support the acquisition of lint about 3 million 100 thousand pounds, is expected to lend 2 billion 900 million yuan. To this end, the bank applied to the head office in advance for the credit scheme. At present, the required acquisition funds are all in place. The first acquisition fund will be distributed to relevant enterprises in mid September, and it can guarantee the reasonable financing needs of the enterprises to purchase cotton in time and in full.

In response to the increasing uncertainty in the cotton market in the new year and the increasing difficulty in the management of cotton purchase loans, in order to deal with various unforeseen factors such as regional acquisition stagnation, farmers' difficulty in selling cotton and risk of loans, the bank made a contingency plan for cotton purchase and acquisition in advance in 2013, and made clear the measures to deal with emergencies so as to ensure that there is no big problem in the acquisition of cotton. In order to ensure the implementation of the policy of benefiting farmers, the bank actively responded to the new situation and took effective measures to prepare for it.

At present, the bank has sent a notice to apply for a cotton purchase loan to the enterprise that intends to loan to its loan company. According to the needs of enterprises, timely management. loan Procedures, accurately grasp the pace of loans, in accordance with the progress of acquisition, timely and appropriate loans, to ensure that the normal acquisition of capital needs of enterprises. After the takeover, the bank will distribute the cotton market price information to the opening enterprises on every working day to help businesses capture business opportunities and invigorate business under the premise of guarding against market risks, strengthen communication and coordination with the people's Bank and relevant commercial financial institutions, do a good job in matching main and subsidiary currencies, make good cash supply work, and actively implement non cash settlement methods such as peony Jinshan card, so as to provide safe, efficient and convenient settlement services for enterprises and cotton farmers.