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Industrial Bank raised the steel trade enterprise credit access standards

Recently, the Shanghai Steel Trade and industry bank loans has caused widespread concern. Securities Times reporter learned from the Industrial Bank on June 27 the bank credit policy for the steel trade enterprise.

Industrial Bank said that the line of the steel trade and industry credit policy this year, there are three changes: First, the steel trade industry overall to be cautious; the basic access standards in the steel trade enterprise adjustment from last year's sales revenue of 200 million yuan for this year's 300 million yuan or annual sales of more than 100,000 tons; guidance of the steel trade enterprise, the following two (excluding) the steel trade dealers and market acceptance, product sales are sluggish, the main qualification poor downstream steel distributors of small iron and steel enterprises included in the prohibition involved, and belongs to the prohibition of intervention has been the stock of customers, and to develop possible options for the gradual compression exit.


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