The first bank dedicated to cultural
creativity in Shandong was set up in Qingdao
The Qingdao Bank Wenchuang Subbranch Bank,
the first bank in Shandong Province dedicated to the development of cultural
creativity industry was set up in Qingdao on December 29th 2017 to alleviate
“fund-raising difficulties” confronted by the Qingdao cultural creativity
industry and boost the development of cultural creativity industry.
The Qingdao Bank Wenchuang Subbranch Bank
has set up professional financial service team to offer preferential treatment
and expand credit aid for the cultural creativity industry in terms of credit
approval system and non-performing loan tolerance. The Qingdao Bank Wenchuang
Subbranch Bank will set up a mass credit granting platform and improve loan
approval efficiency by carrying out differentiated interest rate pricing
mechanism and green credit approval process and establish special award fund to
promote the inheritance and development of key cultures.
In the coming 5 years, Qingdao Bank will
offer 10 billion credit funds for cultural creativity-oriented enterprises in
Qingdao, take the priority to allocate credit line and utilize scarce resources
to facilitate the development of small and medium-sized cultural
creativity-oriented enterprises. Liang Chen