China Real Estate Network News (Su Xiaowen).The coordination mechanism for urban real estate financing is in full swing.
On February 27, the Henan Supervision Bureau of the State Administration of Financial Supervision and Administration said that the bureau has instructed banking institutions to set up a special working group to accelerate the implementation of the real estate financing coordination mechanism. As of February 27, banking institutions in Henan Province have granted 67 credit to projects pushed by the coordination mechanism100 million yuan, 267.9 billion yuan, of which Zhengzhou has granted 351.8 billion yuan, 19$1.8 billion.
On February 26, the Hubei Supervision Bureau of the State Administration of Financial Supervision and Administration said that it had jointly issued a notice with the local housing and urban-rural development department to establish a consultation platform with the city's ** leader in charge as the convener, and the regulatory sub-bureaus and local housing and construction, natural resources, taxation and other departments participated. Research and formulate measures for the implementation of the urban financing coordination mechanism, implementation rules, etc., screen and judge real estate projects one by one, and put forward a list of projects that can be given financial support.
In addition to the above two provinces, the regulatory bureaus of Shanxi, Tianjin, Guangdong, Inner Mongolia, Yunnan, Chongqing and Sichuan have recently held a meeting to promote the work deployment of the urban real estate financing coordination mechanism, and made specific arrangements for the implementation of the urban real estate financing coordination mechanism by commercial banks within their jurisdictions.
In fact, since the deployment of the urban real estate financing coordination mechanism in January, all localities and relevant financial institutions have acted quickly to establish mechanisms, put forward lists, and grasp the implementation, and the work has made a good start.
Initial progress has been made in many places
At present, the coordination mechanism for real estate financing in many cities has made initial progress.
According to the Shaanxi Provincial Department of Housing and Urban-Rural Development, as of February 23, 11 cities (districts) in the province have established a real estate financing coordination mechanism, proposing the first batch of 114 real estate projects that can be given financing support "white list" and pushing to commercial banks, and a number of projects have been obtained bank financing and credit.
The Hebei Supervision Bureau of the State Administration of Financial Supervision disclosed that as of February 22, 423 projects have been pushed in 11 cities in the province, 17 credit projects, and the credit amount is 31400 million yuan, and the balance of financing issued is 26700 million yuan, of which 14 were newly financed100 million yuan, extension period 12600 million yuan.
According to the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision on February 29, the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision jointly held the first scheduling meeting of the urban real estate financing coordination mechanism, as of February 28, 276 cities in 31 provinces across the country have established an urban financing coordination mechanism, a total of about 6,000 real estate projects have been proposed, and commercial banks have quickly screened the projects and approved loans of more than 200 billion yuan.
The meeting required that, in accordance with the principle of "building as much as possible" of the coordination mechanism, before March 15, cities at and above the prefecture level should establish a financing coordination mechanism, which should not only complete the "white list" push with high quality, but also coordinate and solve the difficult problems of the project with high efficiency.
In addition, according to the statistics disclosed by China Real Estate Network, it is found that up to now, the "white list" projects of the real estate financing coordination mechanism in Shandong, Yunnan and Hunan involve a large number of projects, with 1,267, 619 and 576 respectively. Among them, the financing demand of Shandong's "white list" project is 18266.1 billion yuan, and 151.9 billion yuan in Yunnan. At present, 31 projects in 7 cities in Shandong Province, including Qingdao, Zaozhuang, Yantai, Rizhao, Dezhou, Liaocheng and Heze, have been granted credit 752.2 billion yuan, and the approval landed 240.7 billion yuan; At present, 24 projects in Hunan have received new financing from banks164.8 billion yuan.
18 banks disclosed the docking situation
Recently, some state-owned and joint-stock banks have also acted quickly to actively connect with "whitelist" projects, establish green channels for credit, and speed up the approval and delivery of project loans.
Up to now, 6 state-owned banks and 12 national joint-stock banks have recently disclosed relevant information, including the approval of credit for projects on the "white list".
Among the six state-owned banks, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications and Postal Savings Bank, except for the Postal Savings Bank, which did not disclose the number of list items obtained and docked, the other five banks have obtained and docked more than 10,250 projects. In terms of loan amount, the six major state-owned banks have approved loans of more than 210 billion yuan.
In addition to state-owned banks, a number of joint-stock banks are also actively docking and deploying, increasing project docking support through the establishment of special working groups and the establishment of green channels, and making every effort to promote the implementation of relevant project financing. Among them, China Everbright Bank has more than 2,600 docking projects, and China Guangfa Bank, Bohai Bank and Ping An Bank have more than 1,000 docking projects.
Yan Yuejin, research director of the E-House Research Institute, said that from the situation disclosed by the bank, the pace of loan delivery is relatively fast, indicating that the bank attaches more importance to this, and conscientiously implements the spirit of the special meeting of the regulatory department on the deployment and promotion of the implementation of the urban real estate financing coordination mechanism, and the execution is very strong, which will be conducive to preventing and resolving financial risks, and has a very good guiding role in the loan delivery in the new year.
A number of banks said that the coordination mechanism distinguishes the credit of real estate projects from real estate enterprises, and provides financing according to the actual situation and sales prospects of the project, which is more conducive to bank support. In the next step, we will continue to increase the tilt of resources and policy guarantees, further improve the efficiency of project docking and review, more accurately support the reasonable financing needs of real estate projects, and promote the stable and healthy development of the real estate market.
The above-mentioned meeting also emphasized that financial institutions should establish a special working mechanism to optimize the loan approval process, improve the approval system, and refine the due diligence exemption regulations. It is necessary to take the initiative to connect with the financing coordination mechanism, speed up the approval of credit in accordance with the principles of marketization and rule of law, improve the efficiency of project implementation, and meet reasonable financing needs. It is necessary to implement the closed-loop management of the project, and timely feedback on relevant problems for projects that cannot provide financing for the time being. It is necessary to strengthen the closed-loop management of "issuance-use-repayment" of loans, prevent loans from being misappropriated, and ensure the safety of credit funds.
The two departments pointed out that the financing coordination mechanism is currently an innovative measure to meet the reasonable financing needs of real estate enterprises of different ownership systems and solve the problems of real estate financing, and in the long run, it is a powerful starting point for building a new model of real estate development and accelerating the linkage of "people, real estate, land and money".