Notice of the Shandong Provincial Government on Printing and Distributing the Measures of Agricultural Bank of China and the Department of Finance on Poverty Alleviation Discount Loans for Poor Counti

Notice of the Shandong Provincial Government on Printing and Distributing the Measures of Agricultural Bank of China and the Department of Finance on Poverty Alleviation Discount Loans for Poor Counties and Some Poor Counties in Yimeng Mountain Area Article 1 In order to support farmers in poor counties (districts) in Yimeng Mountain area and five poor counties such as Linshu to develop commodity production and get rid of poverty and become rich as soon as possible, these measures are formulated in accordance with the relevant provisions of the state and the principles determined by the provincial government. Article 2 This discount loan was arranged by Agricultural Bank of China in a lump sum of 20 million yuan in 1987, which took four years and was fully paid off before the end of 1990. Article 3 The interest on this loan shall be subsidized by the Provincial Department of Finance at the annual interest rate of 7.92%, and the discount fund shall be1600,000 yuan every year for four consecutive years, which shall be calculated and arranged to the county according to the loan index allocated by the Agricultural Bank. County finance should be stored in a special account, and it is not allowed to be used for other purposes, so as to ensure the cash of discount funds. Article 4 The use scope of this discount loan is: poor towns and villages in Yiyuan, Mengyin, Yishui, Yinan, Pingyi, Feixian, Sishui, Linqu and Shanting reservoir areas and poor towns and villages in Linshu, Juancheng, Liangshan, Shanxian and Shanghe counties (see attached table). The specific use scope of each county is determined by the county and district government. Article 5 This discount loan is a paid interest-bearing fund and must be strictly distinguished from financial relief. In accordance with the "Provisional Regulations on Bank Management" and "Regulations on Loan Contracts" of the State Council, strengthen management. Strictly implement the current national credit guidelines, policies and principles and the relevant provisions of the Agricultural Bank on loans. Article 6 The users of this discount loan must be farmers who strictly implement the policies and decrees of the Party and the state, have the ability to develop commodity production, keep their credit, repay the principal and interest of the loan on schedule, and economic entities with independent accounting. Except for farmers whose loans are less than 1000 yuan, the remaining loan targets must have 20% of their own funds. Article 7 This discount loan is mainly used for poor households to develop commodity production, and can also give support to township enterprises with less investment, short cycle, good benefits and large radiation, which can drive poor households to develop commodity production and increase income. It is not allowed to be used for projects with large investment, long cycle, slow effect and nothing to do with poverty alleviation. Funding should be based on the principle of adapting to local conditions and households, which is not only conducive to making full use of local resources, but also conducive to getting rid of poverty as soon as possible. Article 8 In principle, the term of this discount loan is determined according to the cycle of production (operation) projects and the comprehensive repayment ability of borrowers, but the longest term for granting loans in any year shall not exceed the end of 1990. 19901February 3 1 The borrower shall bear the responsibility for overdue loan interest and default interest on illegal loans. Article 9 This discount loan is subject to project management. The loan was included in the 1987 credit plan by the Agricultural Bank of China, and was arranged to the county at one time as the basis for selecting projects. From 1988 to 1990, according to the amount recovered each year, the county agricultural banks arranged to pay the amount. County (district) sub-branches can not be evenly distributed, and loans should be made for eligible projects, and loans should be made for projects that do not meet the requirements. The loan project intentions of Linshu, Juancheng, Liangshan, Shanxian and Shanghe counties shall be examined and approved by the municipal and local agricultural banks, and the remaining nine counties shall be examined and approved by the provincial agricultural bank. Tenth approved projects, from loan issuance to recovery, must be handled in strict accordance with the following procedures:

(a) the object that needs a loan should apply for a loan from the local agricultural bank, and truthfully provide information as required, and fill in the Loan Application Form.

(two) the Agricultural Bank of China on the basis of the "loan application" to send personnel to check and evaluate, and put forward the loan advice.

(three) agricultural banks at all levels shall, in accordance with the provisions of the loan authority for examination and approval, sign a loan contract. Farmers' loans are replaced by "loan interest subsidies".

(4) The Agricultural Bank shall promptly send personnel to check the use of funds, and if it finds that it violates the provisions of the contract and misappropriates it at will, it shall promptly recover the loan and impose a penalty interest of 50%.

(five) within seven to ten days before the loan expires, the local agricultural bank shall issue a "loan collection notice" to urge the borrower to repay the loan on time.

(6) When the loan expires, the borrower should take the initiative to repay the loan. If the loan fails to be approved by the Agricultural Bank of China, 20% interest will be charged. Eleventh county, district poverty-stricken areas development and construction offices and county-level financial departments should cooperate with the Agricultural Bank to strengthen the management and supervision of poverty alleviation discount loans in the reservoir area. The Agricultural Bank of China shall promptly report the arrangement intention of the loan project and the implementation result of the loan object to the local financial department as the basis for the financial department to discount interest. Twelfth discount loans issued and recovered in the "480 1 provincial reservoir poverty alleviation discount loans" account. When the loan is issued, the loan contract is stamped with the seal of "discount loan for poverty alleviation in the provincial reservoir area". Loans for township enterprises are issued monthly; The interest of farmers' loans with a term of less than one year shall be settled with the principal, and those with a term of more than one year shall be settled annually, and the settlement date shall be1February 20th. The certificate of interest settlement shall be the loan interest settlement certificate of the former commune team (A/CNo. 108), and the beginning and ending date of interest settlement and interest amount shall be indicated in the third part of the loan contract.

A report is attached to the ABC project telegram to separately count the balance of this discount loan. Article 13 The Agricultural Bank of China collects interest from the borrower at a monthly interest rate of 6.6 ‰, and the borrower takes the loan interest certificate of the Agricultural Bank of China to the local financial department to receive discount funds. Article 14 The Agricultural Bank of China enjoys the autonomy to manage and issue this discount loan. Whether to lend, whether to lend more or less, is decided by the Agricultural Bank according to the credit policies, principles and systems. No unit or individual may force the Agricultural Bank to issue loans or obstruct the recovery of loans. Anyone who violates this principle and causes loan losses shall be investigated for administrative and economic responsibilities. If the circumstances are serious, legal responsibility shall be investigated.