Guangda Bank stated that they will simplify procedures and actively promote the implementation of loan interest subsidy policies.

Today at noon, relevant personnel from Guangda Bank introduced to reporters that the bank is continuing to implement the decisions and deployments to boost consumption and develop consumer finance made by relevant departments. The State Council executive meeting deployed the implementation of personal consumption loan interest subsidy policy and service industry entity loan interest subsidy policy on July 31. The bank will actively organize the implementation of the above-mentioned loan interest subsidy policies, continuously optimize financial services and guarantee measures, reasonably simplify procedures, and promote the accurate and timely implementation of the policies. At the same time, it will ensure strict supervision, improve the efficiency of fund utilization, and manage consumer finance risks. Reporters noted that this is also the first joint-stock bank to respond to the recent new policies announced by the State Council executive meeting after the state-owned banks responded intensively.