The China Banking Regulatory Commission will establish a default notification system for credit student loans in the student's place of origin, and regularly share information within the scope of bank

The China Banking Regulatory Commission will establish a default notification system for credit student loans in the student's place of origin, and regularly share information within the scope of banking financial institutions.

1. The China Banking Regulatory Commission will establish a default notification system for credit student loans in the place of origin of students, and regularly share information within the scope of banking financial institutions.

A: True B: False

2. What new regulations were issued by the China Banking Regulatory Commission in 2009

China News Service, September 27 The People's Bank of China and the China Banking Regulatory Commission issued a notice today clarifying that for those who have used loans to purchase a house and apply to purchase a second or more houses (inclusive), the loan down payment ratio shall not be less than 40%. The full text of the notice is as follows:

Notice of the People's Bank of China and the Bank of China (3.61,0.03,0.84%) Industry Regulatory Commission on Strengthening Commercial Real Estate Credit Management

Yinfa [2007] No. 359

The Shanghai Headquarters of the People's Bank of China, all branches and business management departments, all central branches in provincial capital cities and sub-provincial cities; all banking regulatory bureaus; state-owned commercial banks and joint-stock commercial banks in various countries:

According to the spirit of the 2007 National Urban Housing Work Conference and the "Several Opinions of the State Council on Solving the Housing Difficulties of Low-income Families" (Guofa [2007] No. 24), the "General Office of the State Council forwarded the Ministry of Construction and other departments to According to the "Notice on the Opinions on Adjusting the Housing Supply Structure and Stabilizing Housing Prices" (Guobanfa [2006] No. 37) and other policy regulations, the relevant matters related to strengthening the credit management of commercial real estate are hereby notified as follows:

1. Strict real estate Development loan management

For projects where the proportion of project capital (owner’s equity) does not reach 35% or where the land use rights certificate, construction land planning permit, construction project planning permit and construction permit have not been obtained , commercial banks are not allowed to grant any form of loans; commercial banks are not allowed to grant loans to real estate development companies that have been verified by the land and resources department and the construction department to hoard land and housing; for commercial buildings that have been vacant for more than 3 years, commercial banks are not allowed to Banks are not allowed to accept it as collateral for loans.

Loans issued by commercial banks to real estate development enterprises can only be issued through real estate development loan accounts, and are strictly prohibited from real estate development working capital loans or other loan accounts.

In principle, real estate development loans issued by commercial banks can only be used for real estate development projects in the local region and cannot be used across regions. For loans that are really needed for off-site real estate development projects and have implemented corresponding risk control measures, commercial banks should report to the regulatory authorities before issuing the loans.

2. Strictly regulate the management of land reserve loans

Commercial banks are not allowed to issue loans to real estate development enterprises specifically for the payment of land transfer fees. Loans to government land reserve institutions shall be granted in the form of mortgage loans, and the loan amount shall not exceed 70% of the appraised value of the acquired land, and the loan term shall not exceed 2 years.

3. Strict management of housing consumption loans

Commercial banks should focus on supporting borrowers’ loan needs to purchase their first small and medium-sized self-occupied houses, and can only purchase houses whose main structure has been capped. housing loans to individuals.

Commercial banks should remind borrowers to truthfully fill in the relevant information in the housing loan contract on which house the loan is used to purchase based on the principle of honesty and trustworthiness. For the purchase of the first self-owned house with a building area of ??less than 90 square meters, the loan down payment ratio (including this loan, the same below) shall not be less than 20%; for the purchase of the first self-owned house with a building area of ??90 square meters For those who have used the loan to purchase a house and are applying to purchase a second or more house, the down payment ratio of the loan must not be less than 40%, and the loan interest rate must not be lower than that in China 1.1 times the benchmark interest rate of the same grade announced by the People's Bank of China for the same period, and the loan down payment ratio and interest rate should increase significantly as the number of units increases. The specific increase rate is determined independently by commercial banks based on relevant principles of loan risk management, but the borrower repays the housing The monthly loan expenditure cannot be higher than 50% of their monthly income.

Commercial banks are not allowed to issue housing mortgage loans where the loan amount fluctuates with the appraised value of the property and the purpose is not specified; for mortgaged properties, the net value after reassessment is not allowed to be used as collateral before the home buyer has repaid the loan in full. Additional loans.

4. Strict management of commercial housing purchase loans

Commercial housing purchased with loans should be completed and accepted.

The down payment ratio of commercial housing purchase loans shall not be less than 50%, the term shall not exceed 10 years, and the loan interest rate shall not be lower than 1.1 times the interest rate for the same period and grade announced by the People's Bank of China. The specific down payment ratio The loan term and interest rate level are independently determined by commercial banks based on relevant principles of loan risk management; for those who apply for loans in the name of "commercial and residential housing", the down payment ratio shall not be less than 45%, and the loan term and interest rate level shall be based on commercial use. Housing loan management regulations are implemented.

5. Strengthen the credit management of real estate credit

After commercial banks accept loan applications from real estate development enterprises, they should promptly query the credit status of the borrowing enterprises through the basic enterprise credit information database of the People's Bank of China. After the loan application is approved, the relevant information should be entered into the basic enterprise credit information database, and the basic information of the real estate development enterprise, loan amount, loan term and default situation should be recorded in detail.

After accepting a personal housing loan application, a commercial bank should promptly inquire the borrower's credit status through the People's Bank of China's personal credit information basic database; after the loan application is approved, the relevant information should be entered in a timely manner into the personal credit information basic database. The database records in detail the ID number of the borrower and his or her spouse, the number of houses purchased, loan amount, loan period, housing mortgage status, and default information.

6. Strengthen real estate loan monitoring and risk prevention

Commercial banks should closely monitor changes in real estate prices and their impact on credit asset quality, and effectively strengthen commercial real estate credit management and Establish internal control mechanisms to actively prevent real estate credit risks.

All branches of the People's Bank of China and all banking regulatory bureaus should strengthen "window guidance" on real estate credit management of financial institutions within their jurisdictions, and intensify the investigation and punishment of relevant violations. It is necessary to track new situations and new problems that arise during the implementation of real estate credit policies, and report them to the People's Bank of China and the China Banking Regulatory Commission in a timely manner.

All commercial banks (including Chinese-funded banks, wholly foreign-owned banks, Sino-foreign joint venture commercial banks and branches of foreign banks, etc.) must conscientiously implement the national real estate macro-control policy and effectively strengthen real estate credit risk management. They must implement this notice In accordance with the spirit and various national real estate credit policies and regulations, we will promptly formulate or improve the detailed operating rules for the management of real estate credit business, and report them to the People's Bank of China and the China Banking Regulatory Commission.

Policy banks are not allowed to issue commercial real estate loans without the approval of the People's Bank of China and the China Banking Regulatory Commission.

All branches, business management departments, central branches of provincial capitals (capital cities), and banking regulatory bureaus of all provinces (autonomous regions and municipalities directly under the Central Government) of the People's Bank of China are requested to jointly forward this notice to urban commercial banks and rural commercial banks within their jurisdiction. , rural cooperative banks, urban and rural credit cooperatives and foreign banks.

The People's Bank of China and the China Banking Regulatory Commission

September 27, 2007

The central bank determined that second home loans will be based on households Unit December 11, 2007 17:23 The website of the People's Bank of China In order to further implement the "Notice on Strengthening the Management of Commercial Real Estate Credit" (Yinfa [2007] No. 359, hereinafter referred to as the "Notice"), maintain the seriousness and seriousness of the policy and Effectiveness, the People's Bank of China and the China Banking Regulatory Commission, after fully listening to the opinions of relevant departments and some commercial banks, recently jointly issued the "Supplementary Notice on Strengthening the Management of Commercial Real Estate Credit" (Yinfa [2007] No. 452, hereinafter referred to as the "Supplementary Notice" Notice"), further clarified the provisions of the "Notice" on "strict housing consumption loan management", and jointly held a special meeting on strengthening commercial real estate credit management in Beijing on December 11. Jiang Dingzhi, Deputy Secretary and Vice Chairman of the Party Committee of the Banking Regulatory Commission, presided over the meeting. Liu Shiyu, member of the Party Committee and Vice President of the People's Bank of China, delivered a speech at the meeting, conveying the spirit of relevant documents and proposing specific requirements for the implementation of relevant policies.

Liu Shiyu pointed out in his speech that the housing issue is an important people's livelihood issue. The Party Central Committee and the State Council attach great importance to solving the housing problem of urban residents and have always regarded improving the living conditions of the masses as the fundamental purpose of the reform of the urban housing system and the development of the real estate industry.

With the continuous rapid growth of the national economy and the gradual deepening of the reform of the urban housing system, the real estate industry has become an important driving force for economic growth. Real estate financial business with housing development and consumer credit as the main business has become an important business type of commercial banks and has achieved Remarkable results. First, the housing level of urban residents continues to improve; second, the construction of the housing security system continues to advance; third, the real estate financial business develops rapidly; fourth, real estate financial product innovation makes progress. While the real estate market and real estate financial business are developing rapidly, the real estate market has also faced problems such as rapid rise in housing prices, unreasonable supply structure, regulatory policies that have not been fully implemented, and low-income families facing great difficulties in housing. There are deep-seated reasons. At the same time, real estate credit is growing too fast, with excessive competition and too many violations. In particular, some commercial banks have launched transfer (added) mortgage loan business without approval, which has increased the risks of the real estate credit business and has attracted great attention from relevant departments. . In addition, we can also find some noteworthy lessons from past real estate market crises in the world, including the real estate bubbles in Japan and Hong Kong, especially the U.S. subprime mortgage crisis that broke out this year.

Liu Shiyu emphasized that in order to implement the spirit of the National Urban Housing Work Conference and prevent financial risks, the People's Bank of China and the China Banking Regulatory Commission jointly issued a "Notice" on September 27, requiring commercial banks to further strengthen commercial real estate credit management. . After the "Notice" was issued, the overall social response was positive, and the regulatory effect is gradually emerging. In response to different understandings of the relevant provisions and policy orientations in the "Notice", the People's Bank of China and the China Banking Regulatory Commission decided to jointly issue a "Supplementary Notice" to make clear provisions on issues related to strict management of housing consumption loans.

Liu Shiyu requested that commercial banks should further improve and strengthen commercial real estate credit management. The People's Bank of China, the China Banking Regulatory Commission and its branches, and all commercial banks must conscientiously study and understand the spirit of the Party and the spirit of the Central Economic Work Conference, thoroughly implement the Scientific Outlook on Development, resolutely implement tight monetary policies, strengthen real estate credit regulation, and effectively strengthen real estate development. Credit risk management, efforts to promote real estate financial innovation and promote the healthy development of the real estate financial market.

In summarizing the meeting, Jiang Dingzhi emphasized that the introduction of policies to strengthen real estate credit management is not only a requirement for implementing national macro-control policies, but also an inherent need to strengthen risk management of banking financial institutions. The branches of the People's Bank of China, the China Banking Regulatory Commission and banking financial institutions must conscientiously implement the spirit of this meeting. First, we must accurately grasp the spirit of the notice and effectively prevent mortgage risks. All banking financial institutions must take the spirit of the meeting as a benchmark and conscientiously do a good job in communication and implementation; they must be prepared for danger in times of peace, learn from and learn from the harm caused by the U.S. subprime mortgage crisis to the financial system, increase analysis and research on the operating risks of the real estate market, and strengthen the real estate market. Risk management in credit operations. The second is to unify understanding and pace. All banking financial institutions must formulate implementation details for commercial real estate credit management as legal entities. The detailed rules must not only conform to the spirit of the document, but also be operational. In particular, regulations must be formulated for the collection of borrower information and credit review work, and strict requirements must be imposed on the authenticity of the personal housing information, income information, and family information provided by the borrower. Review screening measures. The third is to intensify supervision, inspection and punishment for violations. All banking financial institutions must consciously correct regulations and practices that are inconsistent with the spirit of the documents; the People's Bank of China and the China Banking Regulatory Commission must make the implementation of the spirit of the documents a focus of supervision, and strictly investigate and deal with violations and workarounds such as fake mortgages, additional mortgages, and re-mortgages. Fourth, the spirit of the meeting should be conveyed to all banking financial institutions, including foreign-funded banks, city commercial banks, rural commercial banks and other financial institutions, to ensure that all financial institutions engaged in related businesses should be fully informed and regulate relevant businesses according to unified policies.

Jiang Dingzhi finally asked everyone to follow the requirements of the Scientific Outlook on Development, unswervingly implement various national macro-control policies, further strengthen real estate credit management, and make contributions to the sound and rapid development of the national economy. greater contribution.

Relevant persons in charge from the Shanghai headquarters and branches of the People's Bank of China, all banking regulatory bureaus, policy banks, state-owned commercial banks and joint-stock commercial banks participated in the special meeting.

It is reported that the "Supplementary Notice" was issued on December 5, focusing on the following issues: First, the number of mortgage loans is determined based on the borrower's family (including the borrower, spouse and minor children).

Second, families that have used bank loans to purchase their first home, if the per capita housing area of ??the borrower's family is lower than the local average, and apply for a housing loan from a commercial bank again, can follow the first home loan policy, but the borrower must Provides query results of the total area of ????family housing issued by the local real estate management department based on the housing registration information system. The remaining families that have used bank loans to purchase houses should follow the second home loan policy when applying for loans from commercial banks again. Third, families that have used housing provident fund loans to purchase houses should also follow the relevant provisions of the "Notice" when applying for housing loans from commercial banks. The "Supplementary Notice" also emphasizes that all commercial banks shall not accept credit applications if they are found to have filled in false information or provided false certificates.

3. Does the Banking Regulatory Bureau stipulate that working capital can be used to pay land transfer fees?

Perhaps yes.