The urban real estate financing coordination mechanism is an important measure and strong guarantee to achieve a virtuous cycle of finance and real estate and improve market expectations. In response to the requirements of the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision and Administration, Bank of Communications quickly promoted the docking of projects on the list. Up to now, Bank of Communications has approved a credit line of nearly 20 billion yuan for the projects on the list of coordination mechanisms, and has implemented projects in many cities.
In Qingdao, after receiving the first batch of project lists pushed by the coordination mechanism, the work team of Bank of Communications Qingdao Branch responded quickly, and the approval department intervened in the project access and plan optimization design from the front end, and worked overtime during the Spring Festival, effectively improving the initiative, accuracy and timeliness of credit services. As of February 17, Qingdao Branch has issued real estate development loans for two residential projects with more mature conditions in the list, and the relevant loans are the first single after the establishment of the Qingdao Coordination Mechanism, which meets the demand for project construction funds in a timely manner.
In Guangxi, in response to the first batch of real estate projects pushed by the Nanning Urban Real Estate Financing Coordination Mechanism, the Guangxi Branch of Bank of Communications immediately organized and carried out matchmaking, and effectively used the bank's project pre-approval mechanism, green approval and loan channel mechanism to successfully issue real estate development loans for the listed projects.
In Jiangxi, after receiving the list of projects pushed by the local urban real estate financing coordination mechanism, the Jiangxi branch of the Bank of Communications quickly visited and connected with relevant enterprises and projects, simplified the process of the list of projects, established a green channel, and quickly realized the loan to the residential project of a private enterprise in the list, which strongly supported the project construction.
In the next step, BOCOM will continue to do a good job in promoting the implementation of the urban real estate financing coordination mechanism, actively fulfill the responsibilities of major state-owned banks, accelerate the communication and docking of the list of projects, insist on treating all types of ownership real estate enterprises equally, ensure that the reasonable financing needs of the list of projects are met in a timely manner, and contribute to the stable and healthy development of the real estate industry.