During the Spring Festival, the implementation of the urban real estate financing coordination mechanism accelerated.
After the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision clarified the relevant arrangements in January, the six major state-owned banks, as well as joint-stock commercial banks such as China Merchants, Industrial Bank and CITIC, responded positively and acted quickly, putting forward specific measures from various aspects such as organizational leadership, supporting policies, coordination mechanisms, and due diligence and exemption.
According to incomplete statistics from Yicai, except for the Postal Savings Bank, which has not disclosed the specific situation, up to now, there are more than 8,200 projects in the docking list of five large state-owned banks.
The six major banks are actively investing.
Previously, Bank of China Yunnan Branch successfully took the lead in landing the first syndicated loan under the Yunnan Provincial Coordination Mechanism, and provided financing of 31 million yuan for the Yunnan VATS Real Estate *** Huacui Wenyuan" real estate project in the first batch of projects in the Kunming Real Estate Financing Coordination Mechanism.
On the basis of completing the overall approval of the syndicated loan of 800 million yuan as the lead bank of the project at the end of last year, Bank of China Yunnan continued to play the role of the lead bank of the syndicate, completed the preparation and sorting of withdrawal materials such as capital vouchers, project measurements, project supervision reports and commercial invoices within one day in response to the needs of the project payment and migrant workers' wages before the Spring Festival, actively coordinated the loan disbursement scale of the syndicate member banks, and quickly facilitated the implementation of the syndicated loan on January 30.
Urban real estate financing coordination mechanism to optimize urban development and deepen project construction is conducive to the joint efforts of multiple parties to stabilize the real estate market, is conducive to providing accurate financing support, and further promotes the stable and healthy development of the real estate market.
After the establishment of the coordination mechanism, the major state-owned banks have played the role of "head goose" to meet the reasonable financing needs of real estate enterprises under different ownership systems without discrimination.
ICBC said that it has set up a "special working group for real estate financing coordination mechanism" at the head office and branch level respectively to strengthen unified leadership, accelerate organization and promotion, increase project docking, and step up financing implementation. As of February 8, ICBC has docked more than 2,000 projects and taken the lead in lending to multiple projects in multiple cities since January 30.
The Agricultural Bank of China said that for the eligible projects pushed by the coordination mechanism, the process will be simplified, the authorization will be expanded, the resource guarantee will be strengthened, the green channel will be established, the project operation efficiency will be improved, and the project financing will be implemented as soon as possible. As of February 11, ABC has accumulated more than 2,700 projects under the coordination mechanism, and since the State Administration of Financial Supervision held a special meeting on January 26, more than 10 new projects have been approved, and nearly 5 billion yuan of loans have been approved.
On February 12, the Bank of China said that it had promoted the approval of more than 110 projects, with a total amount of about 55 billion yuan, of which 75 projects had been approved and completed, with a total amount of nearly 40 billion yuan.
China Construction Bank said that since receiving the first batch of lists at the end of January, more than 2,000 projects have been docked, nearly 100 projects have been approved, and more than 20 billion yuan has been approved for investment. Recently, CCB Beijing, Fujian, Anhui, Henan and other branches have launched 5 projects, with an investment amount of nearly 3 billion yuan.
Bank of Communications disclosed that since January 30, the list of projects was pushed to various places, and as of February 13, the Bank of Communications has obtained and docked 1,442 projects on the list, and has realized loan delivery for some of them.
On February 15, the Postal Savings Bank said that up to now, the bank has actively connected with the coordination mechanism to push the host bank projects, covering 10 provinces such as Henan, Sichuan and Guangxi, with a financing amount of 5.7 billion yuan, and has landed projects in Henan, Guangxi, Guizhou, Dalian and other provinces and cities.
Support the financing of real estate enterprises without discrimination.
In addition to large state-owned banks, joint-stock banks have also actively joined in the implementation of the urban real estate financing coordination mechanism.
For example, as of February 9, China CITIC Bank has obtained a total of 872 projects pushed by the coordination mechanism, and 37 of its branches and second-level branches have set up special teams headed by the president, which have achieved direct docking with the coordination mechanisms of cities at the provincial level and at the local level and above within its jurisdiction, and actively participated in the consultations organized by the coordination mechanism.
For another example, as of February 9, all 39 first-level branches of Everbright Bank have set up special working teams and connected with the local housing and construction departments, obtained a total of 2,622 project lists, provided resource guarantee for eligible projects, established green channels, and approved 20 projects in the list, with a credit amount of 107500 million yuan, with a loan balance of 501.4 billion yuan to help the efficient operation of the coordination mechanism.
It is worth noting that in terms of project launch, both state-owned and private real estate enterprises are included to meet the reasonable financing needs of real estate enterprises of different ownership systems without discrimination.
For example, the Agricultural Bank of China said that among the main body of loan projects, private enterprises and other non-state-owned enterprises accounted for more than 80%, and the project type mainly met the rigid demand and improved demand for housing; In January, Everbright Bank Jinan Branch approved a new private real estate project of 900 million yuan, with an investment of 400 million yuan, and as of February 9, Everbright Bank Shenzhen Branch had provided loans of 600 million yuan to two private real estate enterprises to ensure the normal construction of the development project.
Liu Shui, director of enterprise research at the China Index Research Institute, told Yicai that in the first batch of real estate project lists, 84% of the projects belong to projects developed by private real estate enterprises and mixed-ownership real estate enterprises, which shows that the whitelist measures for real estate projects focus on supporting the financing of private and mixed real estate enterprises, and meet the reasonable financing needs of real estate enterprises of different ownership systems without discrimination.
Liu Shui believes that the urban real estate financing coordination mechanism and the white list have been implemented to accelerate the implementation of the effective problem, which will effectively alleviate the shortage of funds of real estate enterprises and support the development and construction of projects. With the implementation of more real estate project loan support, the policy effect of supporting project financing will gradually appear, which will help improve the liquidity of real estate enterprises, alleviate the tightening of real estate loans, effectively drive real estate investment, and promote a virtuous cycle of real estate and finance.
Editor-in-charge: Shi Jian |Review: Li Zhen |Supervisor: Wan Junwei.
*: CBN).