Recently, the application of digital RMB in credit scenarios has accelerated. Industry insiders believe that issuing loans through digital RMB will help improve the convenience of Finance and ensure the authenticity and credibility of the closed-loop flow and use of credit funds. Several banks explore loan issuance Since this year, the application scenario of digital RMB has continued to expand, and many banks have actively explored issuing loans through digital RMB. The postal savings bank recently successfully launched the bank's first digital RMB automobile consumer loan lending and entrusted payment business in Shaanxi Province. After individual customers choose the car purchase scheme on the automobile sales platform of the postal savings bank cooperative institution, they can submit a loan application in the mobile bank of the postal savings bank. After the online review of the postal savings bank is passed, the loan funds will be issued to the customer's personal wallet in the form of digital RMB, and the real-time entrusted payment will be made to the partner's corporate wallet to complete the car purchase process. Customers can use digital RMB for automatic repayment at maturity or online self-service prepayment. Recently, Bank of Suzhou launched the country's first digital RMB loan for manufacturing. After understanding the relevant situation of a Machinery Co., Ltd. in Suzhou, the bank designed an unsecured credit loan scheme of 2million yuan for the enterprise in a relatively short time, and issued the loan in the form of digital RMB to the digital wallet opened by the enterprise in the Bank of Suzhou for the payment of goods and petty cash. On June 7, the Agricultural Bank of China, Jiangsu Taicang branch, issued an inclusive loan of 1.5 million yuan to Taicang Yichang New Material Technology Co., Ltd. in the form of digital RMB. Enterprises can transfer transactions through the payment module in the corporate digital wallet to directly pay the purchase price of upstream suppliers. Give play to the advantages of safety and convenience Many insiders believe that the application of digital RMB in the field of credit is conducive to improving the convenience of financial business handling and alleviating the financing problems of small and medium-sized enterprises. In terms of convenience, in the case of auto consumer loans issued by the postal savings bank, compared with the traditional auto loan process based on the account system, customers complete all links from opening a digital RMB wallet, loan application, entrusted loan payment, and repayment online self-service on their mobile phones, making the loan process more convenient. Customers can enjoy high-quality and convenient financial services through online operation at auto dealers. "The digital RMB loan is not only a fast loan arrival, but also a real-time arrival when the enterprise actually uses the loan to pay for the goods, and the supplier can receive it immediately." Huang Xiaodong, deputy general manager of the network finance department and digital RMB Innovation Laboratory of Jiangsu Suzhou Branch of Agricultural Bank of China, said that in the above inclusive digital RMB loan, the enterprise paid the corporate wallet of the upstream supplier after receiving it on the same day, and there was no transaction handling charge in the whole process. Huang Xiaodong said that using digital RMB to issue inclusive Loans provides a new way for small and micro enterprises with high speed, low interest rate and high efficiency. It can also ensure the authenticity and credibility of the closed-loop flow and use of credit funds, and increase the convenience and availability of Inclusive Finance. Dongximiao, chief researcher of Zhaolian finance, said that commercial banks should attach great importance to the opportunities and challenges brought by digital RMB, accelerate their integration into the digital RMB ecosystem, invest in digital RMB based system development, product design, scene development, market promotion, operation and maintenance, and prepare for the official issuance of digital RMB. (Xinhua News Agency)