Regional banks join the consumer loan interest subsidy camp

Since December, the personal consumption loan interest subsidy policy has accelerated its implementation in Sichuan, Guizhou, and Chongqing. The three regions have successively released provincial-level subsidy implementation details, and regional leading city commercial banks and rural commercial banks such as BANK OF GUIYANG, BANK OF GUIZHOU, Chengdu Bank, and Chengdu Rural Commercial Bank have simultaneously started business acceptance. This marks the formal inclusion of regional banks that were previously not part of the "national subsidy" operational system into the consumption loan subsidy camp, and a preliminary collaborative pattern of "national subsidy + local subsidy" has begun to take shape. (Securities Daily)