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Agricultural Development Bank of China issues loans of over 100 billion yuan to support water conservancy construction in 2024
2025-05-02 source:Xinhuanet

Xinhua News Agency, Beijing, February 18 (Reporter Gu Yiping) The reporter learned from the Agricultural Development Bank of China on the 18th that the Agricultural Development Bank of China has issued 180.5 billion yuan in water conservancy construction loans in 2024, with a loan balance of 882.2 billion yuan.

A relevant person in charge of the Agricultural Development Bank of China said that as my country's only agricultural policy bank, the Agricultural Development Bank focuses on important planning requirements such as the construction of the national water network, closely coordinates with the water conservancy department, strives to improve the level of financial services, continuously strengthens the brand of "water conservancy bank", and fully promotes the high-quality development of the national water conservancy industry. Since the establishment of water conservancy construction loans in 2007 to the end of 2024, the Agricultural Development Bank of China has issued a total of 1.58 trillion yuan in water conservancy construction loans.

In addition, in 2024, the Agricultural Development Bank also issued the "Guiding Opinions on Further Strengthening the Characteristic Brand of "Water Conservancy Bank"", focusing on six major areas including farmland water conservancy construction, flood control and drainage projects, water resource optimization allocation, urban and rural water supply projects, water ecological protection and governance, and water energy resource development and utilization, and optimized policies such as credit scale, fund guarantee, interest rate pricing, and continuously improved the credit policy system to improve the quality and efficiency of services.

In the next step, the Agricultural Development Bank will continue to focus on important planning requirements such as the construction of the national water network, fully demonstrate the functional positioning of policy banks, maintain close ties with the water conservancy departments, local party and government and key enterprises, and make every effort to make new contributions to the development of the national water conservancy industry.

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