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Xinhua Silk Road
Company

MYbank signs cooperation agreement with Haier Smart Home

June 03, 2021


Abstract : MYbank, a leading online private commercial bank under Ant Financial Services Group, has signed a comprehensive cooperation agreement with Haier Smart Home recently, the Xinhua-run Shanghai Securities News reported on Wednesday.

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Staff work at the Shichengzi photovoltaic power station in Hami, northwest China's Xinjiang Uygur Autonomous Region, April 24, 2020. (Xinhua/Zhao Ge)

BEIJING, June 3 (Xinhua) -- MYbank, a leading online private commercial bank under Ant Financial Services Group, has signed a comprehensive cooperation agreement with Haier Smart Home recently, the Xinhua-run Shanghai Securities News reported on Wednesday.

This move will help empower small and micro enterprises (SMEs) based on the Haier's industrial chain to overcome the financing difficulties and resolve financing problems.

It is learned that Mybank has provided more than 1.3 billion yuan in green preferential loans, covering industries such as home appliances, home furnishings, and two-wheel electric vehicles. 

This year, the lender will increase efforts to provide inclusive, green, and convenient financial services to more small and micro businesses participated in the green economy, said Jin Xiaolong, president of MYbank.

Special financial support for upstream and downstream SMEs in green and low-carbon industries will boost China's energy conservation and environmental protection, accelerate green and low-carbon transformation, and help realize the goal of achieving peak carbon emissions and carbon neutrality. (Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)

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Keyword: Mybank

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