Harbin Bank extends 71.93 million yuan in credit to boost Heilongjiang county economies
Harbin Bank is supporting county-level economic development in Heilongjiang Province through targeted loans for local industries, including a 1 million yuan loan to a black fungus bag factory in Dongning City. The bank's Mudanjiang branch launched a "one black, one white" strategy in 2024, extending credit to 140 clients totaling 71.93 million yuan. In May 2025, the bank issued an action plan for county economic development, emphasizing inclusive finance and digital transformation. Cumulative online credit disbursements have exceeded 10 billion yuan, with county-level branch loan balances nearing 20 billion yuan.
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Harbin Bank Provides Targeted Loans to Boost County Economies in Heilongjiang
Harbin Bank (06138) is actively supporting county-level economic development in Heilongjiang Province through targeted financial products and digital transformation. The bank's Dongning branch provided a 1 million yuan loan to a black fungus bag factory in Laobeishan Town, addressing a critical funding gap in the region's dominant black fungus industry. Dongning, known as 'China's No.1 Black Fungus County,' produces over 400 million bags annually with a 2025 output value of 3.9 billion yuan. In 2024, Harbin Bank's Mudanjiang branch launched a 'one black, one white' strategy, creating a dedicated financial service plan for the black fungus supply chain. As of the report, the bank has extended credit to 140 clients in the fungus market cluster, totaling 71.93 million yuan. The bank has also introduced specialized loans for rice processing, silage purchasing, and premium agricultural products. Through partnerships with tech firms, it has deployed digital lending products, with online credit disbursements exceeding 10 billion yuan. The bank's county-level branches hold nearly 20 billion yuan in loans, with growing deposit-loan ratios and customer numbers.
Harbin Bank Provides Targeted Loans to Boost County Economies in Heilongjiang Province
Harbin Bank (06138) is actively supporting county-level economic development in Heilongjiang Province through targeted financial products and digital transformation, according to a report by Zhitong Finance. The bank's Dongning branch provided a 1 million yuan loan to a black fungus bag factory in Laobeishan Town, addressing a critical funding gap in the region's dominant black fungus industry, which has an annual output value of 3.9 billion yuan. In 2024, the bank's Mudanjiang branch launched a 'one black, one white' strategy, creating a dedicated financial service plan for the black fungus supply chain, resulting in 140 credit accounts totaling 71.93 million yuan. In May 2025, Harbin Bank issued an action plan to support county economic development, focusing on inclusive finance, digital transformation, and industrial integration. The bank has introduced specialized loan products such as 'Rice Processing Loans,' 'Silage Loans,' and 'Black Soil Premium Product Loans.' Through partnerships with tech firms, it has launched digital lending products, with cumulative online credit disbursements exceeding 10 billion yuan. As of the report, the bank's county-level branch loan balances total nearly 20 billion yuan.
Harbin Bank Lends 100 Million Yuan to Boost County Economies in Heilongjiang
Harbin Bank (stock code: 06138) is actively supporting county-level economic development in Heilongjiang Province through targeted financial products and digital transformation. The bank's Dongning branch provided a 1 million yuan loan to a black fungus bag factory in Laobeishan Town, addressing a critical funding gap in the region's dominant black fungus industry. Dongning, known as 'China's top black fungus county,' produces over 400 million bags annually with a 2025 output value of 3.9 billion yuan. In 2024, the bank's Mudanjiang branch launched a 'one black, one white' strategy, creating a dedicated financial service plan for the black fungus supply chain, which has so far extended credit to 140 clients totaling 71.93 million yuan. In May 2025, the bank issued a broader action plan for county economic development. It has also introduced specialized loans such as 'rice processing loans,' 'silage loans,' and 'black soil premium product loans,' and partnered with tech firms to launch digital lending products like 'nongshandai,' which have surpassed 10 billion yuan in cumulative credit disbursement. The bank's county-level branches now hold nearly 20 billion yuan in loans, with a focus on small businesses, agriculture, and public services.
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Harbin Bank Lends 71.93 Million Yuan to Boost County Economies in Heilongjiang
This article from Zhitong Finance reports on Harbin Bank's (06138) efforts to support county-level economic development in Heilongjiang Province, China. The bank has provided targeted loans to local industries, notably the black fungus sector in Dongning City, the 'nation's top black fungus county.' A specific 1 million yuan loan was given to a fungus bag factory. By May 2025, the bank's black fungus market cluster program had extended credit to 140 clients totaling 71.93 million yuan. The bank's broader strategy includes specialized loan products like 'Rice Processing Loan,' 'Silage Loan,' and 'Black Soil Premium Products Loan.' It is also pursuing digital transformation through partnerships, launching online lending products that have surpassed 10 billion yuan in cumulative credit. As of the report, the bank's county-level branch loan balance is nearly 20 billion yuan. The article presents the bank's actions as part of a provincial strategy to drive county economic growth and rural revitalization.
Read sourceHarbin Bank Provides Targeted Loans to Boost County-Level Economies in Heilongjiang Province
According to a report by Zhitongcaijing, Harbin Bank (stock code 06138) is actively implementing a strategy to support county-level economic development in Heilongjiang Province. The bank has introduced specialized loan products tailored to local industries, such as a 'fungus bag factory' loan for the black fungus industry in Dongning City, a major production hub. In 2024, the bank's Mudanjiang branch launched a 'one black, one white' industrial strategy, focusing on the black fungus and dairy sectors, and has since provided credit to 140 clients in the fungus market cluster, totaling 71.93 million yuan. In May 2025, the bank issued an action plan to support county economic development, emphasizing inclusive finance, digital transformation, and industrial integration. Other products include 'rice processing loans', 'silage loans', and 'black soil premium product loans'. The bank has partnered with tech firms to launch digital lending products, with cumulative online credit disbursements exceeding 10 billion yuan. As of the report, the bank's county-level branch loan balances total nearly 20 billion yuan.