ESG Trends
【Consumer Financial Protection】China CITIC Bank Wuhan Branch continues to enhance fee reductions and concessions, fueling corporate development
- Source：China Citic Bank
- Release time：2023-08-21
Recently, China CITIC Bank Wuhan Branch actively carried out the activity of “helping enterprises overcome difficulties”, and considered fee reductions and concessions as an important channel for carrying out the activity of “I do practical things for the people”. Relying on regular visits, release of promotional videos and counter publicity, it regularly disseminates fee reduction and concession policies to fully release the dividend of various financial policies supporting and benefiting enterprises.
An information technology company in Wuhan was a small private enterprise. Due to the impact of the COVID-19 pandemic, it had a gap in cash flow, which presented considerable pressure on its normal operation. After understanding its financing demand, China CITIC Bank Wuhan Branch responded quickly and developed a financing plan for the company. It actively reduced various fees for handling various procedures, for example, opening corporate accounts, opening unit settlement cards, using Bluetooth ukey, and performing real estate appraisals. In the subsequent business development, it offered a prime lending rate to the company. The above measures guaranteed the legitimate rights of enterprises to “know and enjoy” fee reduction and concession policies, reduced the operating costs of enterprises, and effectively bailed enterprises out of difficulties.
In the next step, China CITIC Bank will continue to resolutely fulfill the political task and social responsibility to provide financial services to the real economy, carry out publicity activities in various forms, find room for fee reductions and concessions, and facilitate the effective implementation of policies to reduce the overall cost of enterprises, add more vitality to the development of enterprises, and contribute more to regional economic and social development.