[ad_1]
Original title: Bank mortgage payments will not be lost after New Years Day after the new regulations are issued. For the banking industry, you need to plan ahead to avoid becoming a risk taker
Securities Times reporter Pan Yurong
In January of previous years, bank mortgages were relatively plentiful, but the situation has changed in 2021.
Recently, a branch manager of a large and medium-sized bank told the Securities Times · Brokers China reporter that the bank’s mortgage payment will not be lost in 2021. The background to this statement is that on December 31, 2020, the Bank Central and the China Banking Regulatory Commission issued a notice on the management of real estate loan concentration of financial institutions.
According to the notice, the share of personal home loans from each bank cannot exceed 32.5%. The smaller the bank, the lower the upper limit of the personal home loan business.
Mortgage
No more relaxed than 2020
As early as 2021, Ms Wu (pseudonym), who was about to move houses, began urging the loan intermediary to contact the bank to apply for a loan as soon as possible. Ms. Wu, who received the loan commitment letter in November 2020, has been waiting for more than a month due to insufficient loans at the end of the year. Earlier, the loan intermediary said that loans can be made after New Year’s Day.
However, a loan broker contacted by a Securities Times and Brokerage China reporter stated that January of the previous year was the time when the bank’s mortgage payment was the most abundant, but banks have reported in recent days that the situation in 2021 it is relatively abnormal and the quota is generally tight.
“Personal mortgages in 2020 are already very tight, and I’m afraid they won’t loosen in 2021,” a chairman of a branch of a large and medium stock bank told reporters.
According to the “Notice on the Establishment of a Management System for the Concentration of Real Estate Loans of Banking Financial Institutions” issued on December 31 of last year, banks are divided into categories:
Among them, large Chinese banks—ICBC、Construction bench、ABC、Bank of China, China Development Bank,Communications Bank, Postal Savings Bank real estate loans must not exceed 40% and personal home loans must not exceed 32.5%;
Chinese midsize banks, includingMerchant Bank of China, Agricultural Development Bank,Shanghai Pudong Development Bank、CITIC Bank、Industrial Bank、Bank of Minsheng、Everbright Bank、HSBC Bank, Export-Import Bank, China Guangfa Bank,Ping a bank、Bank of Beijing、Bank of shanghai、Jiangsu Bank, Hengfeng Bank,Zheshang Bank, Bohai Bank’s real estate loans accounted for no more than 27.5% and personal home loans no more than 20%;
The upper limit of the proportion of real estate loans from Chinese small banks and rural cooperative institutions outside the county shall not exceed 22.5%, and the proportion of personal loans for housing shall not exceed 17.5%;
The upper limit of the real estate loan ratio of the county rural cooperative institutions shall not exceed 17.5% and the share of personal home loans shall not exceed 12.5%;
The upper limit of the share of real estate loans from rural banks shall not exceed 12.5% and the share of personal loans for housing shall not exceed 7.5%.
Some banks
Personal or overflowing mortgage business
As of January 1 of this year, banks have implemented the management of concentration limits on real estate loans. Banks that exceed the limit must adjust the limit within a specified time. Among them, the trade adjustment transition period is 2 years if it exceeds 2%, and the trade adjustment transition period is 4 years if it exceeds 2% or more.
According to the statistics of the 2020 semi-annual reports of the listed banks, the Securities Times · Brokers China reporter found that if the level is followed at the end of June 2020, the real estate loan business of most banks is within the limit. However, some banks are too high, such as China Construction Bank,Postal Savings BankOf the personal loans for housing it exceeded 32.5%; China Merchants Bank exceeded 20%, slightly higher than the corresponding limit in the current standard.
It should be noted that at the end of June 2020, the share of personal loan businesses of most banks was lower than the share at the end of 2019: on the one hand, due to the epidemic, the plan to purchase a bank was postponed. house for individuals; on the other hand, it was confirmed. The market feels that home loans in 2020 are not weak.
With the implementation of home loan concentration management, it means that if buyers want to apply for home loans in 2021, it can be relatively easy to apply for loan lines at major banks.
Bank warning
Avoid becoming the biggest owner
There must be funds behind the historic housing boom. The approval of bank mortgage payments is the most important part of real estate transactions, and it is also the “seven inches” of cracking down on real estate speculation.
In 2020, under the impact of the epidemic, in order to guarantee the continuous flow of industries, the central bank adopted unconventional measures to free liquidity to small and micro enterprises. However, the rapid growth of M2, driven by market liquidity, has led to an increase in real estate transactions and a rise in house prices in Shenzhen and Shanghai.
In December last year, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, stated in a signed article that more than 100 of the more than 130 financial crises in the world since the last century were related to real estate. At present, China’s real estate-related loans account for 39% of bank loans and a large number of bonds, stocks, trusts, and other funds enter the real estate industry. The real estate sector is arguably the biggest “gray rhino” in terms of financial risks in China at this stage, and the housing bubble should be resolutely curbed.
This means that for the banking industry, you have to plan ahead to avoid becoming a risk taker. In late September last year, regulators reportedly required large banks to control the scale of home loans, requiring many large banks to reduce the proportion of new home loans to less than 30 %. At that time, control of the growth of personal home loans was coming.
In 2021, for banks, only by increasing the scale of various loan balances can they increase their mortgage business share proportionally. How to make good use of the limited mortgage payment for maximum operating results, banks must use their brains.
Massive information, accurate interpretation, all in the Sina Finance APP
Editor in charge: Qi Qiqi
