在沪银行向48家重点企业放贷约13亿 - 2020年02月21日

Financial institutions in Shanghai have taken measures to help enterprises resume work during the novel coronavirus epidemic.
Banks in the city have increased special credit support for key areas, actively implementing the special refinancing policies of the central bank, according to Li Jun, deputy director of the Shanghai Financial Supervision Administration.
As of February 18, banks in Shanghai have granted 90 loans totaling 1.31 billion yuan (US$187.7 million) to 48 key enterprises, with a weighted average interest rate of 2.35 percent. With a central financial subsidy of 50 percent, the actual financing costs for enterprises can be much less than 1.6 percent. Among them, national banks issued 670 million yuan in Shanghai branches while local corporate banks issued 640 million yuan.