Zhejiang Wencheng explores and improves the "New Farming Index" model, and enables agriculture to help the common prosperity

Recently, through the active application of the "New Farming Index", Wenzhou Wencheng Rural Commercial Bank relying on the new peasants' evaluation model to evaluate the credit rating, and gave the county Liyang Hongfenglin Agricultural Planting Professional Cooperative Credit Lounge 1.5 million yuan. The use of the "New Farming Index" is given 4.5%of the preferential interest rate pricing, which effectively solves the problem of cooperative financing. This is a typical case of Wencheng County actively applying the "New Farming Index".

The "New Farming Index" is the behavior of the People's Bank of China Wencheng County Branch to effectively solve the problem of financing difficulties in new agricultural business entities, enhance the visibility, coverage and convenience of rural financial services, and guide the new type of agricultural entity evaluation index launched by Wencheng Rural Commercial Bank.

Through digital intellectuals, the comprehensive situation of new types of agricultural business entities quantitatively quantitatively quantified from basic information, scale indicators, business conditions, trademark qualifications and honors, and external evaluations.

Based on the evaluation data of a total of 100 new agricultural business entities such as agricultural leading enterprises, family farms, and grain farmers, the "new farm index" is established to measure the basic situation of the industry based on the dynamic changes of the index base point.

In addition, the establishment of a single category index and industrial index fully reflects the development of Wencheng's local tea industry, glutinous rice yam industry and other characteristic agricultural industries, enhance the transparency of industry information, and fully explore and meet the credit needs of rural areas.

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In order to give full play to the guiding role of the central bank's supporting agricultural re -loan policy, the Wencheng Rural Commercial Bank of the People's Bank of China Wencheng Rural Commercial Bank launched exclusive credit products in accordance with the "New Farming Index" -New Nong Ninning Qin Loan, supporting central bank re -loan discount funds, and setting up special credit The amount is given the corresponding credit limit according to the individual score, and supports the operating entity to prove the trademark, patent rights, green food organic certification, and carbon exchange value through geographical indications to pledge, and linked interest rate pricing to the individual score of the operating entity. The average score of the "New Farming Index" is more than 10%, and the interest rate pricing can obtain an additional 10 BP discounts, thereby giving full play to the value increase in the value of the data element, and continuously reducing the financing cost of new agricultural business entities. As of now, Wencheng Rural Commercial Bank issued a weighted average interest rate of 5.05%through the New Nong Ninja Loan loan, a decrease of about 1.5 percentage points from the previous decrease.

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As of the end of August, Wencheng County used the "New Farming Index" to support 640 credit households, with a credit amount of 166 million yuan, and has issued a loan of 42 million yuan to 96 new agricultural business entities.

In the next step, the Wencheng County Sub -branch of the People's Bank of China continues to explore and improve the "New Farming Index" model, strengthen information linkage with the competent information of the industry, give full play to the empowerment of fintech, broaden the financing channels and financing convenience of new agricultural business entities, and help new models in the jurisdiction The high -quality development of agricultural business entities has created a sample of Wenzhou samples that support high -quality leapfrog development in mountainous areas.

Source: Wencheng Published

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