Bank of Jiujiang Issues First “Elderly Care Future Loan” to Boost Silver Economy

Bank of Jiujiang has issued its first “Elderly Care Future Loan”, granting a 6 million yuan loan to a elderly care company in Jiujiang. The funds will help the company upgrade its services and expand supporting amenities. This marks a solid step forward for the bank in serving the silver economy and financing the senior care sector, offering a replicable model for regional elderly service systems.

The Bank took an innovative approach by using future revenue rights as collateral for loans— turning stable projected cash flows such as bed fees and nursing fees from elderly care institutions into a real credit booster. The bank completed pledge registration through PBOC’s Uniform Registration and Publicity System for Movable Asset Financing, efficiently completed the approval and disbursement process under strict risk control, and addressed financing bottlenecks in the elderly care industry.

Going forward, Bank of Jiujiang will continue strengthening its support for elderly care finance by improving products and services, streamlining approvals, and increasing lending support for new projects, expansions and equipment upgrades. The bank aims to help build a more inclusive, sustainable and multi-tiered elderly care system while contributing to the development of the silver economy.