Minsheng Bank: Advance Personal Consumption Loan Interest Subsidy Work in accordance with the Law and Regulations

China Minsheng Bank issued an announcement, stating that the bank will actively respond to and strictly implement the spirit and relevant requirements of the "Notice on Printing and Distributing the Implementation Plan of the Financial Interest Subsidy Policy for Personal Consumption Loans", and promote the subsidy work for personal consumption loans in compliance with laws and regulations. The bank will implement interest subsidies for personal consumption loans that meet the requirements of the notice starting from September 1, 2025, based on marketization and rule of law principles. Minsheng Bank also reminded that no fees will be charged during the process of processing personal consumption loan subsidy business.