Industrial Bank : Technologies Help in Financing Industrial Bank Supports Fujian Enterprises to Develop

Several days ago, the Fujian Comprehensive Financial Service Platform was put online, which is a good news for Fujian small and micro-sized enterprises in financing. As a co-founder of the platform, Industrial Bank (IB) and its subsidiary company, Industrial Bank Digital Finance Information Service (Shanghai) Co., Ltd. (hereinafter referred to as IB Digital Finance Information Service Company), provide technical assistance for the development and operation of the platform. Through the 'online + offline' financing match-making mode for banks and enterprises, IB can better meet demands of enterprises and also provide comprehensive financial service for enterprises in Fujian.

As the only software developer of this platform, by establishing a specialized technology support team and dispatching technical experts to solve technical challenges, IB Digital Finance Information Service Company has efficiently finished software development and demo running within three months, thus making outstanding contributions to the releasing of the platform. After the system is on the line, IB Digital Finance Information Service Company, as the maintenance provider, keeps providing routine maintenance service to ensure smooth operation.

At the same time, IB actively provides financing service for enterprises in Fujian through the comprehensive financial service platform. During the test running, it has successfully fulfilled more than 30 enterprises' financing demand, such as Fuzhou Shengming Decorative Materials Corporation, Fujian Forwaro Furniture Corporation, and Fuzhou Jinxing Garments Co., Ltd. A credit fund of totally RMB 60 million has been provided.

As a leading financial enterprise headquartered in Fujian, IB never forgets its purpose, which is to, by rooting in Fujian, completely use the advantages of headquarters and comprehensive operation, broaden the channel of financing for entity economy, and offer great hand for enterprises in Fujian to grow. By the end of March 2017, IB had provided RMB 45.8 billion for enterprises in Fujian by underwriting debt financing instruments for non-financial enterprises; and approved credit extension for 30 technology upgrade funds in Fujian, totaling RMB 3.608 billion. 26 projects have been implemented with a total amount of RMB 2.69 billion. By virtue of the products applicable to micro- and small-sized enterprises, such as 'Easy & Quick Loan', 'Consecutive Loan' and 'Trading Loan', IB has provided about RMB 2 billion for micro- and small-sized enterprises in Fujian province. It has fully played its role of 'financial feeder', and presented the responsibilities of a domestic mainstream bank to serve the entity economy.

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