A well-known financial guarantee brand, a large wholly state-owned enterprise approved and funded by the provincial government, providing guarantees, equity investment and intermediary services for small and medium-sized enterprises
Anhui Guarantee Group was established in November 2005, after 12 years of development, especially in recent years, it has become a national industry benchmark and a well-known financial brand. By the end of 2016, the Group had completed a total of 562.395 billion yuan of guarantee and re-guarantee, including 160.749 billion yuan of direct guarantee and 401.646 billion yuan of re-guarantee, serving 168,900 small and micro enterprises.
The group is a leading enterprise in the industry, with total assets of 22.408 billion yuan and net assets of 20.365 billion yuan, and six major business indicators, including registered capital, net assets, re-guarantee balance, compensatory re-guarantee liability balance, direct insurance business balance and non-financing guarantee balance, rank among the top in the national industry. The Group is one of the first batch of pilot units of the "Central and Local Financial Guarantee Risk Sharing Compensation" policy and the first batch of pilot units of "Construction of Agricultural Credit Guarantee System" in the country, and the Group is the first provincial policy guarantee institution of AAA main credit in the country.
Group is the industry benchmark enterprises, since 2014, the group has innovated and launched the "4321" new government-bank cooperation model, which has been fully affirmed by the Office of the Inter-Ministerial Joint Conference on the Supervision of National Financing Guarantee Business, and issued a notice in July 2016 to promote the Anhui guarantee model in the country. Over the past year, the Group's agricultural guarantee "persuasion loan" model has been fully affirmed by the leaders of the State Council, and the Ministry of Finance and the National Agricultural Credit Guarantee Union are promoting it to the whole country.
The Group actively carries out international cooperation and is the only local financial enterprise in China of the Sino-German Economic Advisory Council, actively learning from the operation model of the German guarantee bank to promote the comprehensive docking and cooperation between the Anhui policy-based guarantee system and the German guarantee alliance. On October 30, 2015, the Sino-German Economic Advisory Committee held its second meeting in Hefei, witnessed by the Chinese and German Prime Ministers, the Group signed a strategic cooperation agreement with the Berlin-Brandenburg Guaranty Bank of Germany, and signed a cooperation agreement with the Lower Saxony Guaranty Bank last year, and organized the first executive training course held by the members of the province's policy-based guarantee system in Germany to achieve docking with the German Guarantee Union.
Anhui Provincial Guarantee Group closely focuses on the overall development of the province, always adheres to the policy positioning, accelerates the transformation and development, actively carries out the innovation of the three major models of party building, guarantee and investment and financing, and coordinates the promotion of the three major business sectors of guarantee, investment and financing, and new finance, and strives to realize the transformation from bank-bank cooperation to government-bank cooperation, from larger volume to sound system, and from quasi-finance to finance.
