Bank of China's Shaanxi Branch Surpasses 20 Billion Yuan in Sports Industry Loans

Deep News
Feb 09

The inaugural Shaanxi Provincial Winter Games recently commenced in Yulin. Bank of China's Shaanxi Branch integrated services such as account management and payment settlement into the event's organizational processes, providing comprehensive financial support. Data reveals that by the end of January 2026, the branch's outstanding credit balance related to the sports industry had exceeded 20 billion yuan.

Bank of China's Yulin Branch established a dedicated team, leveraging its nine local outlets, to offer services including account setup and fund settlement for the event's organizing committee, participating teams, and athletes. Throughout the games, service personnel were on duty to ensure all branches operated smoothly, guaranteeing services with "zero distance, zero delay, and zero errors."

In recent years, Shaanxi Branch has undertaken a series of initiatives focused on its strategic priority of "supporting the sports industry." In sports facility construction, it provided financing to facilitate the renovation of the Xi'an People's Stadium. For winter sports, it extended comprehensive credit facilities to projects like the Weinan Huashan Ice and Snow World, aiding in facility upgrades and business expansion. In event support, it offered foreign exchange and cross-border financial services for the Women's Softball Asia Cup held in Xi'an and participated in event safeguarding by supporting venue construction. During the 2024 FIVB Beach Volleyball U19 World Championships in Shangluo, the bank provided services such as cross-border payments and emergency cash support at the event hotel.

By the end of January 2026, the branch's sports industry loan portfolio exceeded 20 billion yuan, covering 17 major sectors including sports venue management and facility construction. Furthermore, by expanding the reach of inclusive finance loans, it has extended services to small and micro sports enterprises. In 2025, the bank processed salary disbursements totaling 1.4 billion yuan for the sports sector.

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