Can Guilin Bank increase its loans to rich farmers?
Of course. The rich peasant loan of Guilin Bank is the first rural revitalization credit product jointly launched by the National Rural Revitalization Bureau and the Agricultural Bank of China. It has the advantages of low interest rate, simple procedures, no mortgage and no guarantee, and provides financial support for industrial development. The loan amount is generally less than 2 million yuan. In order to support the leading industries, with the consent of the leading group of agriculture, countryside and farmers, the maximum loan amount can reach100000 yuan, so the loan amount of Guilin Bank can be increased.