Bank of China to Deploy Over One Trillion Yuan in Loans for Key Consumer Sectors by 2026

Deep News03-05

Bank of China announced on March 5 that it will continue to advance its "Ten-Thousand-Billion" public benefit initiative in 2026. The bank plans to comprehensively upgrade its "Five-Star Service" framework, focusing on five key areas: goods consumption, services consumption, cross-border consumption, livelihood protection, and wealth preservation. Throughout the year, the bank aims to extend over one trillion yuan in loans to support major consumer sectors, generate more than 200 billion yuan in property-based income, and allocate tens of billions of yuan in consumer subsidies and fee reductions, benefiting hundreds of millions of consumers.

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