Li Yunze revealed three loan renewal optimization policies for small and micro enterprises: phased expansion to medium-sized enterprises

On September 24th, Li Yunze, director of the State Administration of Financial Supervision, said that the State Administration of Financial Supervision will optimize the loan renewal policy from three aspects: First, the loan renewal target will be expanded from some small and micro enterprises to all small and micro enterprises. Small and micro enterprises with real financing needs after the loan expires and financial difficulties can apply for loan renewal support if they meet the conditions. Second, the loan renewal policy will be extended to medium-sized enterprises in stages, with a tentative term of 3 years. For medium-sized enterprise liquidity loans that expire before September 30, 2027, you can refer to the loan renewal policy for small and micro enterprises. Third, adjust the risk classification standards, and renew loans for enterprises with legal compliance, continuous operation and good credit. Risk classification will not be reduced separately due to extension.