Express
Beijing's First Digital RMB Secured Loan Successfully Implemented
Summary: According to Beike Finance, under the guidance of the National Financing Guarantee Fund, Beijing Re-Guarantee Company has facilitated the successful implementation of a digital RMB secured loan between Guohua Guarantee and Beijing Rural Commercial Bank. This financing guarantee business involves a 1 million RMB credit loan provided by Guohua Guarantee to a Beijing energy company, ...
According to Beike Finance, under the guidance of the National Financing Guarantee Fund, Beijing Re-Guarantee Company has facilitated the successful implementation of a digital RMB secured loan between Guohua Guarantee and Beijing Rural Commercial Bank. This financing guarantee business involves a 1 million RMB credit loan provided by Guohua Guarantee to a Beijing energy company, based on a digital RMB innovative production and financing model under the scene of Kunpeng Express, a digital financial technology company under China Petroleum. After the borrowing company receives approval for the loan from Guohua Guarantee and Beijing Rural Commercial Bank, they will receive the secured loan through their digital RMB wallet and use it for purposes such as paying employee salaries. Compared to traditional financing guarantee models, digital RMB secured loans offer advantages such as fast arrival, traceability, and tamper resistance.
