To improve the level of financial services for new citizens, local regulatory authorities are accelerating the implementation of relevant detailed measures.
According to statistics from a reporter from the Shanghai Securities News, as of now, at least 10 detailed rules have been implemented.These detailed rules focus on solving the difficulties and blocking problems in the financial appeals of new citizens, and "actual measures" according to local conditions, strengthen product and service innovation, and effectively improve the equality and convenience of financial services.
In early March this year, the Central Bank and the China Banking and Insurance Regulatory Commission issued the "Notice on Strengthening Financial Services for New Citizens", proposing to focus on addressing the financial needs of 300 million new citizens in the fields of entrepreneurship, employment, housing, education, medical care, and elderly care."Improving financial services for new citizens can be said to have identified the key points, difficulties and focal points for advancing the structural reform of the financial supply side." said Wang Chaodi, chief risk officer, chief of the general office and press spokesman of the China Banking and Insurance Regulatory Commission.
Focus on solving credit problems
New citizens refer to all kinds of groups who have come to live in cities and towns for reasons such as starting their own businesses, going to school, and relying on their children, but have not obtained local household registration or have obtained local household registration for less than 3 years, including but not limited to migrant workers, newly-employed workers, etc. There are currently about 300 million graduates of technical secondary schools.
Such groups are subject to the lack of income certificates, social security funds, housing and car mortgages and other credit qualification materials, and it is difficult for them to enter the credit evaluation system of traditional financial institutions such as banks, and it is difficult to enjoy suitable financial services.
Looking at it, the detailed measures introduced in various places are all aimed at helping solve the credit problem of new citizens and helping to accurately portray new citizens.
The Beijing Banking and Insurance Regulatory Bureau established the country's first provincial-level banking and government "financial network" and upgraded it to the Beijing Financial Comprehensive Service Network, integrating the information of new citizens' provident fund, social security, medical insurance, civil affairs, real estate and other information into the financial comprehensive service network. It is also connected with 42 banking and insurance institutions. After obtaining customer authorization, it can accurately identify the credit status of new citizens and provide corresponding financial services.
The Chongqing Banking and Insurance Regulatory Bureau proposed that commercial banks should support the construction of a new citizen credit information data platform to provide support for the application of financial technology and digital technology.Explore the construction of a new citizen credit evaluation system, comprehensively analyze the new citizen's entrepreneurial form, income characteristics, capital needs, etc., and accurately assess the new citizen's credit status.
On June 1, the Sichuan Banking and Insurance Regulatory Bureau jointly issued an action plan with 10 departments, proposing to carry out credit assistance for new citizens, and to promote banking financial institutions to comply with laws and regulations and properly and timely handle relevant objections in accordance with the "Credit Investigation Management Regulations".Improve the tolerance for overdue records and help new citizens rebuild their credit.
Solve financial problems
When new citizens go to urban areas to start businesses, work and live permanently, they will inevitably encounter problems such as capital turnover.From the detailed rules, in order to solve such capital needs, all localities actively explore innovative service models and come up with many practical measures.
For example, in response to entrepreneurship needs, the Sichuan Banking and Insurance Regulatory Bureau proposed to optimize the entrepreneurship guaranteed loan policy, promote banking financial institutions to increase the loan amount, simplify the entrepreneurship guaranteed loan processing process, and make full use of financial discounts, government financing guarantees, loan risk compensation and other incentives Policy, exempt the relevant requirements of counter-guarantee according to regulations, and actively support college graduates, newly introduced talents and other new citizen groups to start their own businesses.At the same time, it also supports the separate development of credit support products for new citizens to start businesses in cities and towns.
Regarding the housing capital needs of new citizens, the Jiangsu Banking and Insurance Regulatory Bureau proposed that banking institutions should reasonably determine the down payment ratio and loan interest rate for new citizens' first housing on the basis of meeting the requirements of the unified national housing credit policy and the housing credit policies of key cities. , to encourage preferential interest rates for new residents to purchase ordinary housing mortgage loans for the first time.
Jiangsu Banking and Insurance Regulatory Bureau also proposed that banking institutions should make full use of government affairs, finance, enterprises and other data resources to deeply explore the financial needs of warehousing and transportation, wholesale and retail, housekeeping services, cultural tourism and other industries, and fill the credit of enterprises that attract more new citizens. blank.
In order to solve the problem of insufficient collateral for new citizens, the Fujian Banking and Insurance Regulatory Bureau proposed to explore the "urban-rural joint loan" model.Taking national banks such as the Postal Savings Bank of China connecting urban and rural areas as an example, the branch where the new citizen works can be the loan sponsor, and the branch where the labor force is exported can be the loan co-organizer.The host bank provides credit funds and conducts pre-loan investigation, loan issuance and post-loan management, and assists the host bank to handle the mortgage procedures for rural housing, land, forest rights and other assets in the county.The host bank and the co-organizer will make capital contributions according to the negotiated ratio, and the relevant benefits and risks will be shared by the host bank and the co-organizer according to the negotiated ratio.
Encourage the creation of differentiated products
The groups of new citizens are quite different. Some are concentrated in emerging industries such as technological innovation and cultural creativity, while others are distributed in service industries such as logistics and housekeeping. Their disposable incomes are different, and their financial demands are naturally different.
In this regard, the local rules actively encourage banks and insurance institutions to create differentiated financial products to meet the diverse needs of new citizens.
As far as credit products are concerned, the Jiangsu Banking and Insurance Regulatory Bureau proposed to support banking institutions to design and issue exclusive credit cards to specific groups of new citizens, such as graduates from colleges and secondary schools who meet the requirements for new employment. To meet the financial needs, rationally provide consumer credit products.
The Fujian Bureau of Banking and Insurance Regulatory Commission instructed banking institutions to improve the way of repaying the principal and interest of credit products.For example, “Xin Xin Loan” is set up for new citizens to start a business. According to the characteristics of new citizens who lack income in the early stage of starting a business and have relatively abundant funds in the later stage, they are allowed to be exempt from repayment of principal and interest or only repay a small amount of principal and interest within the first 6 months. The income status will increase the principal and interest repayment amount independently, and then negotiate with the bank to determine a relatively fixed repayment method after one year, so as to solve the problem that the initial income of the entrepreneur does not match the repayment ability.
In terms of health protection, Jiangsu Banking and Insurance Regulatory Bureau encourages insurance institutions to combine single-day labor, same-day settlement and insurance handling for new citizens who have many medium and short-term workers and temporary workers, so as to provide new citizens with more flexible, affordable, Convenient group health insurance product.The Sichuan Banking and Insurance Regulatory Bureau proposed that efforts should be made to strengthen insurance protection for construction workers, takeaway riders and other groups, and promote the pilot occupation of occupational injury protection for employees of new formats in 183 counties in Sichuan.
