The State Administration of Financial Supervision (SAFS) is a strong supporter of real estate financing and has supported 2,700 projects
Recently, the State Administration of Financial Supervision has clearly put forward the reasonable financing needs of the real estate industry"Fully financed"The guiding principles are designed to fully meet the legitimate and reasonable financing needs of real estate projects, so as to ensure the smooth operation and development of the real estate market. This policy initiative has been welcomed and positively responded to by commercial banks in many countries.
The Agricultural Bank of China (ABC), one of China's largest state-owned commercial banks, announced through official channels that it has so far accumulated more than 2,700 real estate projects under the bank's anchoring coordination mechanism. Since the State Administration of Financial Supervision held a special meeting on January 26 this year, ABC has approved more than 10 new real estate projects in a short period of time, with nearly RMB 5 billion in loans approved and disbursed. This action reflects ABC's strong support for the real estate market and its ability to be efficient and professional in the field of financial services.
At the same time, ICBC also quickly responded to the national policy guidance and established its branches from the head office"Special Working Group on Real Estate Financing Coordination Mechanism"。From January 30 to February 8, ICBC successfully completed the loan placement of more than 2,000 real estate projects, and took the lead in completing the loan placement of many projects in various cities, effectively alleviating the tight financing situation of real estate enterprises and enhancing the confidence in the stable development of the market. It has effectively alleviated the situation of tight funds of real estate enterprises and enhanced the confidence in the stable development of the market.
In addition, China Construction Bank, China Everbright Bank, China CITIC Bank, Industrial Bank and other financial institutions have also actively responded to the requirements of the State Administration of Financial Supervision and held a meeting on the implementation of real estate financing, promising to implement the financing needs of qualified real estate projects"Loan should be exhausted"policies to provide sufficient financial guarantee for the sustained, healthy and stable development of the real estate market. Provide sufficient financial guarantee for the sustainable, healthy and stable development of the real estate market.
It is worth noting that the State Administration of Financial Supervision of China held two consecutive special meetings on January 26 and February 6 to actively promote the effective docking of commercial banks and real estate projects. Many cities have launched real estate projects"Whitelist"Commercial banks should take the initiative to cooperate with these projects, conduct timely evaluation and credit approval, and accelerate the reasonable financing needs of real estate enterprises. This series of measures, while standardizing the market order, has also built a solid barrier for the healthy development of the real estate market.
According to China** statistics, as of the end of January, 3,218 real estate projects across the country have successfully entered financing"Whitelist"。These projects have been rigorously reviewed and evaluated, and have been identified as high-quality projects with reasonable financing needs, which intuitively reflects the strong support of the State Administration of Financial Supervision for the real estate market, as well as the high recognition and active cooperation of market players for the current policy guidance.
Taking the well-known real estate enterprise Country Garden as an example, more than 30 projects have been successfully selected"Whitelist"This will undoubtedly greatly reduce the pressure on Country Garden's capital chain and facilitate the smooth operation of the project. BCL said it will seize this policy opportunity to deepen cooperation with major banks and make every effort to ensure the funds for project development, construction and operation**.
In short, the State Administration of Financial Supervision regards"Fully meet the reasonable financing needs of real estate projects"The policy has been effectively implemented with the positive response and cooperation of many commercial banks. The implementation of this policy has played an important role in standardizing the order of the real estate market and promoting the healthy development of the real estate industry, and has also created a broader platform and opportunities for in-depth cooperation between banks and enterprises. Looking ahead, with the continuous implementation of policies and the active participation of market players, China's real estate market will surely show more prosperous and stable development prospects.