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Credit policy of China Minsheng Bank on mining

#Green Finance# #ESG Policy# #Credit Policy#

China Minsheng Bank has formulated credit policies related to the mining industry, clarifying differentiated credit granting strategies, access standards and risk control pointsIt was clearly stipulated that credit customers should implement compliance procedures such as project establishment, environmental protection, pollutant discharge, safety and land; mining enterprises should obtain core licenses such as mining license, resource reserve verification report, mine manager's safety qualification license and civil explosives use permit; credit support should not be provided to mining enterprises included by the Ministry of Industry and Information Technology in the list of enterprises with backward production capacity, poor mining conditions and low quality.