Bank Of Lanzhou's President Highlights 11.28% Growth in Tech Enterprise Lending

Deep News
6 hours ago

At a results briefing for the first half of 2026 held on September 4th, Bank Of Lanzhou Co.,Ltd. outlined its latest advancements in科技金融 services. Liu Min, the bank's Party Committee Deputy Secretary, Director, President, and Chief Compliance Officer, detailed the institution's strategic focus on supporting technological innovation as a key driver for economic growth.

Liu Min emphasized that the bank is closely following the national strategy for building a technologically strong nation and aligning with Gansu Province's "Strong Science and Technology" initiative. This commitment extends to fulfilling the "five major articles" in financial services, positioning tech finance as a primary focus for serving the real economy and optimizing the credit asset structure.

As of the end of June 2026, the bank's outstanding loans to tech enterprises reached RMB 18.551 billion, a net increase of RMB 1.88 billion from the start of the year, representing a solid growth rate of 11.28%. This lending activity plays a crucial role in supporting the development of Gansu's modern industrial system.

During business implementation, Bank Of Lanzhou Co.,Ltd. actively leverages provincial-level technology finance policies and various policy tools. On one hand, by utilizing Gansu's scientific and technological innovation support framework, the bank customizes differentiated credit schemes tailored to the operating characteristics of tech firms. These efforts are designed to lower financing barriers and overall capital costs, thereby facilitating the commercialization of scientific research achievements within the province.

On the other hand, the bank is deeply engaged in the construction of the province's "6+X" advanced manufacturing industrial clusters. It has intensified its provision of medium and long-term loans to the manufacturing sector, with a focus on supporting key local manufacturers in their technological upgrades and equipment renewal. This strategy is aimed at strengthening, supplementing, and extending the industrial chain.

Furthermore, during the first half of the year, Bank Of Lanzhou Co.,Ltd. successfully secured RMB 4.9 billion in relending funds for private enterprises. The bank is channeling these policy funds toward private tech-driven entities, providing precise support to invigorate private sector innovation and bolster the internal momentum of the real economy.

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