Five ministries and commissions: temporary deferred repayment of principal and interest

category:Finance
 Five ministries and commissions: temporary deferred repayment of principal and interest


The circular pointed out that it will provide supporting support in terms of regulatory policy, monetary policy and fiscal and tax policies. In terms of regulatory policies, for loans with temporary delayed repayment of principal and interest from January 25 to June 30, banking financial institutions should adhere to the substantive risk judgment, not reduce the loan risk classification due to epidemic factors, and not affect the credit records of enterprises; in terms of monetary policies, the peoples Bank of China comprehensively uses open market operations, medium-term loan facilities, standing loan facilities, re loans Rediscount and other monetary policy tools should keep the liquidity reasonable and abundant, and maintain the banks liabilities stable and stable; in terms of financial policy, the financial departments at all levels should give a reasonable evaluation to the operation assessment of the state-owned holding and shareholding banking financial institutions in 2020, fully considering the special factors of responding to the epidemic situation and serving small and medium-sized enterprises.

The CBRC said that it should adhere to substantive risk judgment for loans with temporary delayed repayment of principal and interest, not reduce the risk classification due to epidemic factors, and not affect the credit records of enterprises.