Qingdao, Shandong Increases Loan Investment to Support Farmers' Income Growth
Qingdao, Shandong Increases Loan Investment to Support Farmers' Income Growth
(Agricultural Wealth Network) Since the beginning of this year, amid the international financial crisis that has made it more difficult to maintain stable agricultural development and increase farmers' incomes, the Qingdao Branch of the Agricultural Development Bank has actively raised funds and increased loan investment to support farmers' income growth, ensuring that grain-selling farmers can "sell their grain and get their money." As of the end of October, the bank had disbursed a cumulative total of 1.89 billion yuan in various types of purchase loans, supporting the purchase of 912 million kg of grain and oil, which is 3.45 times and 3.7 times that of the same period last year, respectively.