On the 20th, the Ministry of Housing and Urban-Rural Development said that since the deployment of the urban real estate financing coordination mechanism in January, all localities and relevant financial institutions have been in full swing to implement it, and many cities are still promoting the Spring Festival holiday, and the coordination mechanism has continued to make new progress.
As of February 20, 214 cities in 29 provinces across the country have established a real estate financing coordination mechanism, and proposed a "white list" of real estate projects that can be given financing support in batches and pushed them to commercial banks, involving a total of 5,349 projects; A total of 294 projects in 57 cities and 162 projects have received bank financing300 million yuan, an increase of 11.3 billion yuan compared with before the Spring Festival holiday. In addition, according to the relevant data of the Bank of China, the China Construction Bank, the Agricultural Bank of China, the Postal Savings Bank and some joint-stock banks, 123.6 billion yuan of loans have been approved for the "white list" projects, and loans are being issued according to the needs of the project construction progress.
In the next step, in accordance with the requirements of the Ministry of Housing and Urban-Rural Development, all localities should attach great importance to the relevant work of the urban real estate financing coordination mechanism, accurately put forward the "white list" of real estate projects, and promote the coordination mechanism to continue to achieve practical results. At the same time, all localities should form "two closed loops" when carrying out their work. First, it is necessary to form a closed loop of "push-feedback". The urban real estate financing coordination mechanism selects projects according to the conditions and pushes them to commercial banks, and the commercial banks lend after reviewing them in accordance with the regulations, and report the "reasons for the inability to lend" to the financial regulatory authorities for the projects that are not lent, and the cities will coordinate and solve them in a timely manner, forming a closed loop of work from push to feedback for "white list" projects. Second, it is necessary to form a closed loop of management of "distribution-use-repayment" to ensure that all funds are used for project development and construction, and to prevent funds from being misappropriated for land purchase, debt repayment or other investment.
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Process edit: u028