China Guangfa Bank deploys and implements the coordination mechanism for urban real estate financing

Mondo Finance Updated on 2024-02-23

Recently, the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision and Administration jointly issued the Notice on the Establishment of a Coordination Mechanism for Urban Real Estate Financing, and held several special meetings to deploy relevant work. China Guangfa Bank conveyed the spirit of the special meeting of the State Administration of Financial Supervision and Administration as soon as possible, quickly responded to the implementation of the urban real estate financing coordination mechanism, and accelerated the project docking and achieved initial results.

Recently, China Guangfa Bank held a special meeting covering the branches of prefecture-level cities under its jurisdiction to deploy related work

The first is to strengthen organizational leadership and implement the main responsibility. At the first time, a special working group headed by the main person in charge was set up in the head office and branch respectively, and actively communicated and reported with local ** and regulatory agencies, and made good use of the coordination mechanism and list to achieve accurate docking.

The second is to establish a working mechanism for overall promotion and coordinated implementation. We conscientiously studied and studied the relevant requirements of the coordination mechanism, issued the "Implementation Plan of China Guangfa Bank on Promoting the Coordination Mechanism for Urban Real Estate Financing", and made arrangements for the division of labor in promoting the implementation mechanism and optimizing and improving the policy system.

The third is to strengthen the support of supporting resources. For the projects pushed by the urban financing coordination mechanism, the project access process will be simplified, and a green channel will be opened in terms of credit approval, and green cards will be directly granted to the projects pushed by the coordination mechanism, with priority acceptance and approval, and credit support for the projects pushed by the coordination mechanism will be increased.

Since the end of January 2024, China Guangfa Bank has actively connected with the coordination mechanism to push the host bank projects, covering 17 branches (30 cities) including Chongqing, Kunming, Chengdu, Nanning, Wuhan and Zhengzhou, with a total of 1,781 projects. There are 5 projects in the push project list, involving a financing amount of 167.5 billion yuan. At the same time, 5 projects have been docked in the push project list, involving 26 development loan financing needs600 million yuan, and the approved amount of 1.2 billion yuan has been completed.

In the next step, China Guangfa Bank will resolutely implement the decision-making and deployment, actively practice the political and people's nature of financial work, continue to pay attention to the push of the project list of the coordination mechanism in various places, take the initiative to connect and do a good job in financing support in a timely manner, tilt resources, strengthen guarantees, meet the reasonable financing needs of real estate enterprises of different ownership systems without discrimination, actively provide effective support for key areas such as the construction of the "three major projects", help build a new model of real estate development, and maintain the overall situation of economic and financial stability with practical actions.

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