Icbc business Review


Precision Poverty Alleviation



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Precision Poverty Alleviation
1.The Bank conducted solid work on all aspects of the poverty alleviation, and achieved the steady growth in precision poverty alleviation loans, sustained improvement in comprehensive financial services, remarkable achievements in new poverty alleviation model, steady income increase in counties and cities of targeted poverty alleviation, and expanding social influence in poverty alleviation.
2.Increasing loan granting for poverty alleviation. By closely focusing on the financial needs of poverty-stricken areas and poor households, the Bank increased credit resources to them and continued to increase loan granting for precision poverty alleviation. It promoted the service model of “precision poverty alleviation and agriculture-related supply chain” to steadily lift poor households out of poverty and increase their incomes through loan of industry precision poverty alleviation.
3.Improving comprehensive financial services. The Bank improved the financial services for poverty-stricken areas and poor households in various fields in a multi-pronged approach. It actively improved the geographical distribution of outlets and their functions, studied and implemented the overall planning of new outlets in poverty-stricken areas. It continued to adopt fee reduction of personal settlements, and set up tailor-made wealth management products and certificates of deposit in poverty-stricken areas. It generally upgraded “e-Business Dream Plan” to increase financial service support for povertystricken areas through online products. It carried out solid special study on the overall planning for the development of the whole county-based market, including poverty-stricken areas.

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