It was reported that a banking & financing institutions symposium was held in Chenzhou city on October 14, 2015. The principals from 15 banking & financing institutions as Chenzhou Financial Office, Chenzhou Banking Regulatory Bureau, People’s Bank of China Chenzhou Branch, Bank of China Chenzhou Branch, and etc. attended the conference.

Chenzhou city’s financial operation was promoted well from January to September, especially for the increase of loans that a new record was set for the loans delivery. Till the end of this September, the total deposit balance of banking & financing institutions was amounted to 182.81billion yuan, up 11.94%. 14.748billion yuan of them was new deposit which was 3.21billion yuan more than last year.

Till the end of September, the total loans balance of banking & financing institutions was amounted to 93.3billion yuan, up 24.38%. 15.272billion yuan was for new loans, ranking the second place of Hunan province and accounting for 127.27% of preset annual target. The loan-to-deposit ratio was 51.04% in the end of this September, up 5.1%.

But the new loans were mainly issued to the major clients and large projects and the increase of loans were focused on minority clients and businesses, the financing problems faced by small and medium-sized enterprises still haven’t been solved.

The principals of the banks analyzed the financing operation, support of economic and social development and some problems of last three quarters on the conference, and also presented their suggestions on the support for small and medium-sized enterprises, docking of projects, cooperation between banks and enterprises, and etc. in the forth quarter.

It was stated on the conference all banks should pay special attention on non-ferrous industry, small and micro businesses and e-commerce in the fourth quarter and next year to promote economic and social development of Chenzhou city.

Zhang Aiguo- Member of Chenzhou Municipal Party Committee Standing Committee and Deputy Mayor of Chenzhou City hosted the conference.