Industrial and Commercial Bank of China Wuwei Branch: Continuing to Promote Inclusive Finance and Empowering 1,514 Small and Micro Enterprises

Sourced from: Xinhua Finance

This year so far, the Wuwei Branch of Industrial and Commercial Bank of China has continued to significantly increase the deployment of inclusive finance, injecting strong momentum into the high-quality development of the local Wuwei economy. As of the end of February 2026, the branch’s inclusive loan balance reached 905 million yuan, representing a net increase of 131 million yuan from the beginning of the year, and it has cumulatively served 1,514 small and micro enterprises.

The Wuwei Branch of Industrial and Commercial Bank of China has always adhered to a customer-centered approach, comprehensively improving the quality and efficiency of its inclusive finance services and extending its service reach. The branch builds an efficient, professional, considerate, and warm-hearted service team by strengthening professional training for employees and enhancing their professional competence; and by continuously promoting service downscaling and model innovation, leveraging diversified financial products to accurately match small and micro clients’ differentiated needs, thereby extending financial services to all sectors of the small and micro economy and effectively addressing funding bottlenecks and difficulties for enterprises.

In terms of credit support, the Wuwei Branch of Industrial and Commercial Bank of China builds on the region’s resource endowments and works to fully advance the construction of “one county, one industry, one product” featured scenario initiatives, using financial strength to empower the modernization of agriculture. The branch has innovated featured credit products such as “Agricultural Inputs e-Loan” and “Breeding and Cultivation e-Loan,” which align with local needs, to precisely break through financing bottlenecks faced by agriculture-related small and micro enterprises. At the same time, through further deepening government-bank-enterprise cooperation, optimizing credit approval procedures, and appropriately increasing approved credit limits, among other measures, it has notably lowered the financing threshold and effectively addressed the problems of “hard to obtain financing, and expensive financing” for small and micro enterprises (including private enterprises).

For a long time, the Wuwei Branch of Industrial and Commercial Bank of China has upheld the philosophy of “doing genuine inclusive finance and truly implementing inclusive finance,” embedding risk management throughout the entire business process. The branch has established a multi-dimensional risk prevention and control system covering credit, markets, and operations, among other areas; strengthens fine-grained, end-to-end management and control of the whole chain including pre-loan investigation, in-loan review, and post-loan management; routinely carries out risk checks; issues timely early warnings to defuse hidden risks; and ensures that its inclusive finance business operates safely and soundly, building a solid safety barrier for the sustainable development of small and micro enterprises.

Recently, the Wuwei Regulatory Division of the National Financial Regulatory Administration and the Wuwei Municipal Branch of the People’s Bank of China have successively released the evaluation results related to financial services for small and micro enterprises for 2025. The Wuwei Branch of Industrial and Commercial Bank of China was rated as “Excellent,” the highest grade, in both evaluations, becoming a financial institution within its jurisdiction that is outstanding both in regulatory evaluations and in policy orientation, demonstrating a sense of responsibility for state-owned banks to serve small and micro enterprises and to empower the real economy with its capabilities.

Next, the branch will take this as a new starting point, continue to deepen financial innovation, optimize the provision of services, and strengthen technology-driven empowerment, improving the precision and coverage of services to the real economy. (Feng Min, Wei Pei)

Editor: Zhao Ding