The urban real estate financing coordination mechanism is accelerating its implementation and achieving results. At present, most cities have established a coordination mechanism for urban real estate financing, proposed a "white list" of real estate projects, and pushed it to commercial banks. Commercial banks have responded positively, effectively connected with the list of projects, and have provided a number of new financing and loan extensions to meet the reasonable financing needs of non-** real estate projects.
In January this year, the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision jointly issued the Notice on the Establishment of an Urban Real Estate Financing Coordination Mechanism to guide cities at and above the local level to establish a real estate financing coordination mechanism, build a communication platform between government and banks and enterprises, meet reasonable financing needs, and do a good job in financing guarantee.
Wen Bin, chief economist of China Minsheng Bank, said: "The coordination mechanism is headed by the responsible comrade in charge of housing and urban-rural construction in the city, and the local housing and urban-rural development department and the dispatched agency of the State Administration of Financial Supervision are member units. Through regular consultations, problem coordination and resolution, and building a communication platform between banks and enterprises, a policy synergy is formed. "This mechanism is conducive to strengthening the territorial responsibility of the local government, enhancing the confidence of financial institutions, and consolidating the main responsibility of real estate development enterprises.
Xiao Yuanqi, deputy director of the State Administration of Financial Supervision, said that for projects with normal development and construction, sufficient collateral, reasonable assets and liabilities, and guaranteed repayment, it is necessary to actively meet reasonable financing needs; For projects that encounter temporary difficulties in development and construction but can balance funds, it is necessary not to blindly draw loans, pressure loans, or cut off loans, and provide support through the extension of existing loans, adjustment of repayment arrangements, and new loans.
Wen Bin believes that the coordination mechanism proposes a list of projects, not a list of enterprises, so that the risks of real estate enterprises can be distinguished from those of projects. This will help to support the development and construction of projects, and dredge the cycle of supply and demand in the real estate industry itself, as well as the virtuous circle between finance and real estate.
Banks should act as soon as possible, under the leadership and coordination of the city, together with the housing and urban-rural development departments, and make good use of the policy toolbox according to the city's policies, so as to accurately support the reasonable financing needs of real estate projects. Xiao Yuanqi said that the real estate industry chain is long, involving a wide range, has an important impact on the national economy, and is closely related to the lives of the people, the financial industry is duty-bound, must be vigorously supported.
The relevant person in charge of the Chongqing branch of the Agricultural Bank of China said: "On January 30, the Chongqing Municipal Commission of Housing and Urban-Rural Development and the Chongqing Supervision Bureau of the State Administration of Financial Supervision and Administration jointly pushed the first batch of real estate projects in Chongqing to financial institutions. The Chongqing Branch of the Agricultural Bank of China actively implemented the project, immediately organized and analyzed the items in the list, accelerated the approval process, and shortened the approval time. "The bank has approved the development loan 3200 million yuan, the term of 5 years, the first 54.5 million yuan of funds have been put in place on February 4, mainly used for enterprises to pay wages and project payments.
Minsheng Bank Nanning Branch has supported the development loan of commercial housing and residential projects in Nanning3300 million yuan. The relevant person in charge of the bank said that it will speed up the sorting out of high-quality real estate projects in the region, sort out and implement the loan conditions one by one, and start the "green channel" of credit.
Next, commercial banks will establish a special working mechanism to optimize the loan approval process and refine the due diligence exemption provisions. A few days ago, the State Administration of Financial Supervision held a special meeting and proposed that all commercial banks should take the initiative to connect with the coordination mechanism, review the list of real estate projects in a timely manner, speed up the approval of credit, and achieve "full satisfaction" for reasonable financing needs. (Economic ** reporter Guo Ziyuan).