Central Bank Zou Lan: Some financial institutions have misunderstandings about the “third-tier and fourth-tier” financing management rules

Chinese peopleBankDirector of the Department of Financial Markets Zou Lan stated at a press conference on financial statistics for the third quarter of 2021 that in the first three quarters of this year, the amount of personal housing loans has remained stable, basically matching the amount of commercial housing sales during the same period.Among them, a few citiesHouse priceThe increase is too fast, personal housing loans are subject to some constraints, and the rate of housing price increases is suppressed. After housing prices stabilize, the supply-demand relationship of mortgages in these cities will return to normal.

Zou Lan said that recently, individual large-scale real estate companies have been exposed to risks, and financial institutions have beenreal estateThe industry’s risk appetite has dropped significantly, and consistent shrinking behavior has appeared.real estateThe growth rate of development loans declined significantly.This short-term overreaction is a normal market phenomenon. In 2019, contractorsBankSimilar phenomena also occurred in the interbank market and the credit bond market after the risk of insurance and the default of Yongmei Coal and Brilliance last year.

In addition, Zou Lan pointed out that some financial institutions also have some misunderstandings about the financing management rules of the 30 pilot real estate companies in the “third-tier and fourth-tier” financing management rules.BankNew development loans are not allowed, and after the repayment of loans from the sales of enterprises, new projects that should have been reasonably supported cannot receive loans, which has also caused some enterprises to tighten their capital chains to a certain extent.

“In response to these situations, the People’s Bank of China and the China Banking and Insurance Regulatory Commission have held a meeting at the end of September.real estateFinancial work seminars to guide major banks to accurately grasp and implement the real estate financial prudential management system, and maintain real estateCreditStable and orderly launch to maintain the steady and healthy development of the real estate market. “Zou Lan said.

(Source: China Securities Network)

Article source: China Securities Network

Editor in charge: DF552

Original title: Zou Lan from the Central Bank: Some financial institutions have misunderstandings about the “third-tier and fourth-tier” financing management rules