ICBC: Proactively and Methodically Advancing Financial Interest Subsidy Initiatives in Compliance with Legal Frameworks
3 week ago / Read about 0 minute
Author:小编   

The Industrial and Commercial Bank of China (ICBC) is proactively and methodically advancing the implementation of interest subsidy programs for personal consumption loans and business loans in the service industry, in strict adherence to the "Implementation Plan for the Policy of Financial Interest Subsidies for Personal Consumption Loans" (Cai Jin [2025] No. 80) and the "Implementation Plan for the Policy of Interest Subsidies for Loans to Service Industry Business Entities" (Cai Jin [2025] No. 81), jointly issued by the Ministry of Finance, the People's Bank of China, and the State Administration of Financial Regulation. This endeavor aims to alleviate the credit burden on residents and service industry enterprises, unleash consumption potential, and bolster market vitality. ICBC remains committed to the principles of market orientation and legality, striving to streamline processes, simplify procedures, and expedite the execution of these policies. Further details will be disclosed through official websites and other communication channels in due course.

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