Notice on Strengthening the Credit Management of Commercial Real Estate

I. Seeking the full text of the Notice on Strengthening the Credit Management of Commercial Real Estate

The Notice on Strengthening the Credit Management of Commercial Real Estate issued by the Central Bank and the China Banking Regulatory Commission was published on the real estate portal-SouFun.com at 13: 5 on September 27. Owners forum > Tonghe. Goya Apartment Owners Forum gygy.hz.soufun.com China People's Bank China Banking Regulatory Commission's Notice on Strengthening Commercial Real Estate Credit Management Yinfa [27] No.359 Shanghai Headquarters of China People's Bank, branches, business management departments, city center branches of provincial capitals and sub-provincial city center branches; Banking regulatory bureaus; There are commercial banks and joint-stock commercial banks in various countries: according to the spirit of the 27 National Urban Housing Work Conference and the policies and regulations such as Several Opinions of the State Council on Solving the Housing Difficulties of Low-income Families (Guo Fa [27] No.24) and Notice of the General Office of the State Council on Forwarding the Opinions of the Ministry of Construction and Other Departments on Adjusting the Housing Supply Structure and Stabilizing Housing Prices (Guo Ban Fa [26] No.37), The relevant matters concerning strengthening the credit management of commercial real estate are hereby notified as follows: 1. Strict management of real estate development loans. Commercial banks are not allowed to issue loans in any form to projects whose capital (owner's equity) ratio is less than 35% or whose land use right certificate, construction land planning permit, construction project planning permit and construction permit have not been obtained; Commercial banks are not allowed to issue loans to real estate development enterprises that have been verified by the departments of land and resources and the competent departments of construction as having the behavior of hoarding land and housing; Commercial banks may not accept commercial houses that have been vacant for more than 3 years as collateral for loans. Loans issued by commercial banks to real estate development enterprises can only be issued through real estate development loan subjects, and it is strictly forbidden to issue real estate development working capital loans or other loan subjects. In principle, real estate development loans issued by commercial banks can only be used for local real estate development projects, and may not be used across regions. For loans that really need to be used for real estate development projects in different places and corresponding risk control measures have been implemented, commercial banks should report to the regulatory authorities before issuing loans. Second, strictly regulate the management of land reserve loans. Commercial banks may not issue loans specifically for paying land transfer fees to real estate development enterprises. Loans to government land reserve institutions shall be issued by mortgage, and the loan amount shall not exceed 7% of the assessed value of the acquired land, and the longest loan period shall not exceed 2 years. Third, strict housing consumption loan management Commercial banks should focus on supporting borrowers to purchase the first set of small and medium-sized self-occupied housing loan demand, and can only issue housing loans to individuals who purchase houses with capped main structures. A commercial bank shall ask the borrower to truthfully fill in the relevant information of the loan for the purchase of the first set of housing in the housing loan contract according to the principle of honesty and trustworthiness. For the purchase of the first self-occupied house with a floor area of less than 9 square meters, the down payment ratio of the loan (including this loan, the same below) shall not be less than 2%; For the purchase of the first self-occupied house with a Taoxing construction area of over 9 square meters, the down payment ratio of the loan shall not be less than 3%; For those who have used loans to purchase houses and applied for the purchase of a second house (inclusive) or above, the down payment ratio shall not be less than 4%, and the loan interest rate shall not be less than 1.1 times of the benchmark interest rate of the same grade in the same period announced by the People's Bank of China. Moreover, the down payment ratio and interest rate level of loans shall be greatly increased with the increase of the number of houses, and the specific increase range shall be determined by commercial banks independently according to the relevant principles of loan risk management, but the monthly expenditure of borrowers to repay housing loans shall not be higher than 5% of their monthly income. Commercial banks may not issue housing mortgage loans whose loan amount fluctuates with the value of real estate assessment and whose purposes are not specified; For mortgaged properties, no additional loans may be made with the reassessed net value as collateral before the purchaser has fully repaid the loans. Fourth, strict management of commercial housing purchase loans. Commercial housing purchased with loans should be houses that have been completed and accepted. The down payment ratio of commercial housing purchase loan shall not be less than 5%, the term shall not exceed 1 years, and the loan interest rate shall not be less than 1.1 times of the same grade interest rate announced by the People's Bank of China. The specific down payment ratio, loan term and interest rate level shall be determined by commercial banks independently according to the relevant principles of loan risk management; To apply for a loan in the name of "commercial and residential dual-use housing", the down payment ratio shall not be less than 45%, and the loan term and interest rate level shall be implemented in accordance with the provisions on the management of commercial housing loans. V. Strengthening the management of real estate credit information. After accepting the loan application of real estate development enterprises, commercial banks should promptly inquire about the credit status of borrowing enterprises through the basic database of enterprise credit information of the People's Bank of China; After the loan application is approved, the relevant information should be entered into the basic database of enterprise credit information, and the basic information, loan amount, loan term and breach of contract of real estate development enterprises should be recorded in detail. After accepting the application for personal housing loan, commercial banks should inquire about the borrower's credit status through the basic database of personal credit information of the People's Bank of China in time; After the loan application is approved, the relevant information should be entered into the basic database of personal credit information in time, and the ID number, number of house purchases, loan amount, loan term, mortgage status and default information of the borrower and his spouse should be recorded in detail. Vi. Strengthening the Monitoring and Risk Prevention of Real Estate Loans Commercial banks should closely monitor the changes in real estate prices and their impact on the quality of credit assets, earnestly strengthen the management of commercial real estate credit and the construction of internal control mechanisms, and actively guard against real estate credit risks. All branches of the People's Bank of China and all banking regulatory bureaus shall strengthen the "window guidance" of real estate credit management of financial institutions within their jurisdiction, and intensify the investigation and punishment of relevant violations. To track the new situation and new problems in the implementation of the real estate credit policy, and timely report to the People's Bank of China and the China Banking Regulatory Commission. All commercial banks (including Chinese-funded banks, wholly foreign-owned commercial banks, Sino-foreign joint venture commercial banks and branches of foreign banks, etc.) should conscientiously implement the national macro-control policies on real estate, effectively strengthen the risk management of real estate credit, and work hard to formulate or improve the operating rules for the management of real estate credit business in accordance with the spirit of this circular and the provisions of various national real estate credit policies, and report to the People's Bank of China and the China Banking Regulatory Commission. All policy banks shall not issue commercial real estate loans without the approval of the People's Bank of China and the China Banking Regulatory Commission. Please all branches of the People's Bank of China, business management departments, city center branches of provincial capitals and banking regulatory bureaus of all provinces (autonomous regions and municipalities directly under the Central Government) jointly forward this notice to city commercial banks, rural commercial banks, rural cooperative banks, urban and rural credit cooperatives and foreign banks within their respective jurisdictions. China People's Bank China Banking Supervision Committee September 27th, 27

Second, I urgently need a paper on "The Impact of Consumer Credit on Lanzhou Real Estate or the Current Situation of Lanzhou Real Estate Consumer Credit", with more than 6, words. Please remember not to paste it on Baidu according to the characteristics and specific conditions of Lanzhou.

The Central Bank and China Banking Regulatory Commission issued "About Strengthening Knowledge"-Little Play Bear 27- Real Estate Portal-SouFun.com >; Owners forum > Tonghe. Goya Apartment Owners Forum gygy..com China People's Bank China Banking Regulatory Commission on Strengthening Commercial Housing [27] No.359 China People's Bank Shanghai Headquarters, all capitals) city center sub-branches and sub-provincial city center sub-branches; Commercial banks: According to the 27 Opinions of the State Council on Solving the Housing Difficulties of Low-income Families (Guo Fa [27] No.24), the Ministry of Development and Construction and other departments on adjusting the housing supply structure and stabilizing housing prices No.6] No.37) and other policies, we will strengthen the management of commercial real estate credit and strictly manage real estate development loans for projects whose capital (owner's equity) ratio does not reach the land use right certificate, construction land planning permit, construction project planning permit and construction permit. For real estate development enterprises that have been verified by the departments of land and resources and the competent departments of construction to have the behavior of hoarding land and houses, commercial banks shall not use their commercial houses or accept them as collateral for loans. Commercial banks issue working capital loans or other loan subjects for real estate development. In principle, real estate development loans issued by commercial banks can only be used for local premises. For loans that really need to be used for real estate development projects in different places and corresponding risk control measures have been implemented, commercial banks should report to the regulatory authorities before issuing loans. Second, strictly regulate the management of land reserve loans. Commercial banks may not issue loans specifically for paying land transfer fees to real estate development enterprises. Loans to government land reserve institutions shall be issued by mortgage, and the loan amount shall not exceed 7% of the assessed value of the acquired land, and the longest loan period shall not exceed 2 years. Third, strict housing consumption loan management Commercial banks should focus on supporting borrowers to purchase the first set of small and medium-sized self-occupied housing loan demand, and can only issue housing loans to individuals who purchase houses with capped main structures. A commercial bank shall ask the borrower to truthfully fill in the relevant information of the loan for the purchase of the first set of housing in the housing loan contract according to the principle of honesty and trustworthiness. For the purchase of the first self-occupied house with a floor area of less than 9 square meters, the down payment ratio of the loan (including this loan, the same below) shall not be less than 2%; For the purchase of the first self-occupied house with a Taoxing construction area of over 9 square meters, the down payment ratio of the loan shall not be less than 3%; For those who have used loans to purchase houses and applied for the purchase of a second house (inclusive) or above, the down payment ratio shall not be less than 4%, and the loan interest rate shall not be less than 1.1 times of the benchmark interest rate of the same grade in the same period announced by the People's Bank of China. Moreover, the down payment ratio and interest rate level of loans shall be greatly increased with the increase of the number of houses, and the specific increase range shall be determined by commercial banks independently according to the relevant principles of loan risk management, but the monthly expenditure of borrowers to repay housing loans shall not be higher than 5% of their monthly income. Commercial banks may not issue housing mortgage loans whose loan amount fluctuates with the value of real estate assessment and whose purposes are not specified; For mortgaged properties, no additional loans may be made with the reassessed net value as collateral before the purchaser has fully repaid the loans. Fourth, strict management of commercial housing purchase loans. Commercial housing purchased with loans should be houses that have been completed and accepted. The down payment ratio of commercial housing purchase loan shall not be less than 5%, the term shall not exceed 1 years, and the loan interest rate shall not be less than 1.1 times of the same grade interest rate announced by the People's Bank of China. The specific down payment ratio, loan term and interest rate level shall be determined by commercial banks independently according to the relevant principles of loan risk management; To apply for a loan in the name of "commercial and residential dual-use housing", the down payment ratio shall not be less than 45%, and the loan term and interest rate level shall be implemented in accordance with the provisions on the management of commercial housing loans. V. Strengthening the management of real estate credit information. After accepting the loan application of real estate development enterprises, commercial banks should promptly inquire about the credit status of borrowing enterprises through the basic database of enterprise credit information of the People's Bank of China; After the loan application is approved, the relevant information should be entered into the basic database of enterprise credit information, and the basic information, loan amount, loan term and breach of contract of real estate development enterprises should be recorded in detail. After accepting the application for personal housing loan, commercial banks should inquire about the borrower's credit status through the basic database of personal credit information of the People's Bank of China in time; After the loan application is approved, the relevant information should be entered into the basic database of personal credit information in time, and the ID number, number of house purchases, loan amount, loan term, mortgage status and default information of the borrower and his spouse should be recorded in detail. Vi. Strengthening the Monitoring and Risk Prevention of Real Estate Loans Commercial banks should closely monitor the changes in real estate prices and their impact on the quality of credit assets, earnestly strengthen the management of commercial real estate credit and the construction of internal control mechanisms, and actively guard against real estate credit risks. All branches of the People's Bank of China and all banking regulatory bureaus shall strengthen the "window guidance" of real estate credit management of financial institutions within their jurisdiction, and intensify the investigation and punishment of relevant violations. To track the new situation and new problems in the implementation of the real estate credit policy, and timely report to the People's Bank of China and the China Banking Regulatory Commission. All commercial banks (including Chinese-funded banks, wholly foreign-owned commercial banks, Sino-foreign joint venture commercial banks and branches of foreign banks, etc.) should conscientiously implement the national macro-control policies on real estate, effectively strengthen the risk management of real estate credit, and work hard to formulate or improve the operating rules for the management of real estate credit business in accordance with the spirit of this circular and the provisions of various national real estate credit policies, and report to the People's Bank of China and the China Banking Regulatory Commission. All policy banks shall not issue commercial real estate loans without the approval of the People's Bank of China and the China Banking Regulatory Commission. Please all branches of the People's Bank of China, business management departments, city center branches of provincial capitals and banking regulatory bureaus of all provinces (autonomous regions and municipalities directly under the Central Government) jointly forward this notice to city commercial banks, rural commercial banks, rural cooperative banks, urban and rural credit cooperatives and foreign banks within their respective jurisdictions. China People's Bank China Banking Regulatory Commission September 27th, 27

III. Provisions of the Banking Regulatory Bureau on mortgage of commercial buildings?

the down payment ratio of "commercial housing" loans shall not be less than 5%, the loan term shall not exceed 1 years, and the loan interest rate shall not be less than 1.1 times of the same grade interest rate in the same period.

IV. Banking Supervision Regulations on Mortgage

On the evening of March 4, China Banking Regulatory Commission and China People's Bank issued the Notice on Strengthening Financial Services for New Citizens (hereinafter referred to as the Notice). 131 includes nine aspects. In view of the financial needs of new citizens in key areas such as entrepreneurship, employment, housing, education, medical care and old-age care, banks and insurance institutions are encouraged and guided to actively link up with existing support policies, strengthen product and service innovation according to local conditions, expand financial supply with high quality, and improve the fairness and convenience of financial services. The fourth point is clear: support and encourage banks and insurance institutions to optimize housing financial services, help increase the supply of affordable housing, support the healthy development of the housing rental market, and meet the housing needs of new citizens. 31 also makes it clear that new town democracy refers to all kinds of groups who come to the town for permanent residence because of entrepreneurship, children's schooling, refuge, etc., but have not obtained local household registration or have obtained local household registration for less than three years, including but not limited to migrant workers and newly employed college graduates. There are about 3 million people at present. Because the distribution of new citizens in various provinces, cities and counties is very uneven, the scope of serving new citizens can be clearly defined according to the local actual situation and the policies of the local government. Attachment: Notice of China Banking Regulatory Commission of the People's Bank of China on Strengthening Financial Services for New Citizens Order No.4 of China Banking Regulatory Commission [222] All banking regulatory bureaus and insurance regulatory bureaus, Shanghai Headquarters of the People's Bank of China, Branches, business management departments, central sub-branches of provincial capitals, sub-provincial central sub-branches, policy banks, large banks, joint-stock banks, wealth management companies, insurance groups (holding companies), insurance companies, insurance asset management companies, pension management companies, insurance professional intermediaries, banking associations and insurance associations: With the in-depth promotion of industrialization, urbanization and agricultural modernization in China, hundreds of millions of rural people have obtained employment and schooling. Doing a good job in financial services for new citizens is very important for smoothing the national economic cycle, building a new development pattern, achieving high-quality development and promoting