Agricultural loans support Tibetan traditional handicraft industry
Photo shows the female Tibetan workers weaving Tibet wool in Shigatse Prefecture, southwest Tibet on April 30, 2014. [Photo/Xinhua]
As a bank with the largest deposit and loan scale in Tibet Autonomous Region, the Tibet Branch of Agricultural Bank of China (ABC) also provides financial services for the three rural issues including agriculture, farmer and rural area.
Depending on the location advantage, resource endowment and industry characteristics, the bank promotes the development of Tibetan traditional handicraft industry through kinds of loans, such as the small interest loan, small interest loan for urban and rural women, and speed loan for small and micro business.
So far, the Tibet Branch of ABC has accumulative delivered 2 billion yuan (about 0.32 billion U.S. dollars) of credit funds to the Tibetan handicraft industry, which realized the aim of supporting one industry in Tibet, activating local economy and bringing wealth to the people.
Photo shows the Tibetan women weaving carpet in a traditional Tibetan carpet factory in Shigatse Prefecture, southwest Tibet on April 29, 2014. [Photo/Xinhua]
Lekden Palzangpo, a villager from the Tsedong Village of Ema Township, Namling County of Shigatse Prefecture, is producing a figure of Buddha in Tsedong’s copper factory, Feb. 28, 2014. [Photo/Xinhua]
Photo shows a Tibetan woman weaving Tibetan apron in the Lhoka Prefecture of Tibet on May 5, 2014. [Photo/Xinhua]
Staff member from the bank of Shigatse Prefecture is explaining the knowledge of discount loan to the local people on April 29, 2014. [Photo/Xinhua]
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