Digital RMB Secured Loans Launched in Beijing Shijingshan

Jinse Finance reported that recently, Beijing Shichuang Tongsheng Financing Guarantee Co., Ltd., a subsidiary of JingShi Wenlv, in cooperation with the Shijingshan branch of Bank of China, successfully provided digital RMB loan support to Lingyu Technology Co., Ltd., marking a new digital stage for the regional "government-bank-guarantee" cooperation model. According to the "Several Measures for Supporting Small and Micro Enterprises Financing with Special Funds for Inclusive Finance Development in Shijingshan District (Trial)", enterprises that obtain loan funds in the form of digital RMB for the first time will receive a 100% interest subsidy based on the actual interest paid, and can also enjoy a 50% guarantee fee subsidy, significantly reducing corporate financing costs and further stimulating market vitality.