Qinghai Agricultural Development Supported Enterprises to Collect and Conserve 3.166 million tons of Chemical Fertilizers

Since the Agriculture Development Bank of Qinghai Province opened a fertilizer loan business in 2005, it is understood. Cumulatively invested nearly RMB 6.7 billion in all kinds of chemical fertilizer loans, and supported enterprises to collect and store 3.166 million tons of chemical fertilizers .

The Agricultural Bank of Qinghai Branch follows the principle of “early arrangement, early implementation, early implementation, and early storage”. A thorough investigation was conducted on the varieties and sales of chemical fertilizers in Qinghai Province. Organizations went deep into the agricultural chemical and fertilizer storage enterprises to learn more about the demand for spring ploughing and ploughing on agricultural materials and chemical fertilizers, carefully calculated the amount of credit funds required, and arranged loan plans in a timely manner. Policies, open up "green channels" to optimize business processes, improve service quality and loan processing efficiency, and ensure sufficient supply of agricultural resources and fertilizers. For the 2011-2012 chemical fertilizer storage year alone, the bank had accumulated 1.363 billion yuan of storage loans for agricultural production data, and stored 817,300 tons of various types of chemical fertilizers.

Agricultural Development Bank of Qinghai Province relies on the comparative advantage of regional potash fertilizer resources, and at the same time. Combining the actual production, circulation, and storage of potash fertilizers, on the basis of in-depth research on the production status, market demand, and credit support of the potash fertilizer industry, it has boldly tried to provide credit support for the potash fertilizer storage enterprises and has supported seven potash fertilizer manufacturers. Carry out storage business.

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