Bank of China Henan Branch: Injecting Financial "Living Water" to Fertilize Thousands of Acres of Fertile Land

Source: Global Times

Spring returns to the earth, everything revives, and the fertile fields of Central China are busy with farming. In the wheat fields of Anyang in northern Henan, green fertilizers nourish the young seedlings; in the agricultural supplies warehouse of Shangqiu in eastern Henan, various materials are neatly stacked and ready for dispatch.

In this vibrant spring planting scene, the Bank of China Henan Branch actively responds by innovating service models and enriching product offerings, providing a continuous flow of financial “water” to help the Central Plains grain storage build a solid foundation for a bountiful harvest.

“Was worried about not having enough money to buy fertilizer, and the Bank of China came to the door!” In Huaxian County, large-scale farmer Lao Zhang gently lifts the soil, revealing healthy, vigorous wheat roots and promising growth. However, just a few days ago, he was worried about a funding shortfall.

The turning point came from the in-depth visits by the “Financial Service Small Team” of the Bank of China Anyang Branch. They traveled through fields and villages to assess seedling conditions, set up a “mobile counter” at the village committee to collect information, and even moved the counter to farmers’ doorsteps. From needs assessment to online loan disbursement, the process was seamless. “In half a day, 400,000 yuan was credited to my account. The money follows the spring plowing, and farmers like us feel reassured!” Lao Zhang said happily.

Based on its positioning in major grain-producing areas, the Henan branch of the Bank of China innovatively launched specialized products such as “Agricultural Guarantee Loan” and “Seed Loan,” extending service coverage from planting to processing and circulation across the entire agricultural industry chain, helping to increase the added value of agriculture. Additionally, leveraging the cooperation model with the provincial Agricultural Guarantee Company “Loan-Guarantee on Approval,” the bank effectively resolves collateral difficulties faced by agricultural operators, offers preferential interest rates, and reduces financing costs, ensuring that the “spring breeze” of financial services reaches thousands of households.

Turning to the eastern Henan plains, inside a busy agricultural supplies store in Minquan County, Shangqiu, Lao Wang is directing workers to unload supplies. “If it weren’t for the 500,000 yuan from the Bank of China arriving so quickly, my warehouse would still be empty!” Just after the Spring Festival, during the peak period for stocking agricultural supplies, liquidity issues made Lao Wang anxious. Upon learning this, the staff of Minquan Branch of the Bank of China proactively visited to gather information, opened a green channel, and completed approval and disbursement within just one working day, solving an urgent problem.

Shangqiu Branch actively coordinated with agricultural departments to establish a spring planting financial service list. Through the construction of specialized scenarios such as “Stable Grain Guarantee,” “Agricultural Supplies Loan,” and “Trade Loan,” the bank continues to increase financial support for seeds, fertilizers, pesticides, and agricultural machinery. This initiative not only helps agricultural supply companies stabilize production and supply but also assists operators in ensuring supply, updating farm machinery through professional cooperatives, and effectively improving spring planting efficiency, composing a lively spring planting chorus.

As the spring tide surges, all things “plow” anew. From the “mobile counter” in the fields to the “timely rain” ensuring agricultural supplies, and extending to the “precise drip irrigation” of the supply chain, the Henan branch of the Bank of China is actively channeling financial “water” to nourish the vast fields of Central China. This effort injects continuous momentum into safeguarding food security and promoting rural revitalization.

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