Keep real estate financing stable and orderly.
The meeting stressed that it is necessary to fully implement the long-term mechanism of real estate, implement differentiated housing credit policies due to urban policies, and support rigid and improved housing demand. Keep real estate financing stable and orderly, stabilize real estate enterprise development loans and construction enterprise loans, support the reasonable demand of individual housing loans, and support the reasonable extension of stock financing such as development loans and trust loans on the premise of ensuring the security of creditor's rights. Make good use of private enterprise bond financing support tools to support private housing enterprises to issue bonds for financing.
Pan said that the real estate financial policy has three objectives: first, to block and weaken the risk spillover in the real estate sector; The second is to safeguard the legitimate rights and interests of housing consumers; The third is to support rigid and improved housing demand.
From the perspective of commercial banks, Fu, deputy secretary of the Party Committee of the Agricultural Bank of China, said that he would continue to implement measures such as the Notice on Doing a Good Job in Financial Support for the Stable and Healthy Development of the Real Estate Market and the Notice on Commercial Banks Issuing Letters of Guarantee to Replace Pre-sale Supervision Funds. At the same time, the bank will also implement differentiated housing credit policies to balance real estate development loans and personal mortgage loans.
In addition, the meeting proposed to improve the legal guarantee and regulatory policy support for the new supporting financing of the "Baojiaolou" special loan, promote the accelerated implementation of "Baojiaolou", safeguard the legitimate rights and interests of housing consumers, and promote the stable and healthy development of the real estate market.
Pan revealed that in the near future, the regulatory authorities will set up a "Baojiaolou" loan support plan to help real estate enterprises with temporary difficulties together with the "Baojiaolou" special loan. The total loan support plan of Baojiaolou is 200 billion yuan, which is a brand-new and phased tool. In the process of use, it will adhere to the two principles of self-help and voluntariness of commercial banks, and its business logic is to resolve risks rather than issue loans.
Keep the credit growth rate basically stable.
The meeting pointed out that national commercial banks should strengthen their responsibilities, play the role of "head geese" and take the initiative. It is necessary to make good use of policy-oriented development financial instruments, expand medium and long-term loans, accelerate the formation of more physical workload, and give full play to the key role of effective investment. Give full play to the joint efforts of special refinancing and financial discount policies for equipment renewal and transformation, and actively support the effective demand of manufacturing and service industries.
Experts said that under the situation that the total volume is expected to maintain steady growth, credit supply will continue to tilt towards key areas and weak links in the real economy, stimulating the vitality of micro-subjects. Since the beginning of this year, the whole financial system has increased its support for the real economy, and at the same time, the stability of total credit growth has also been enhanced.
In terms of policy development financial instruments, Pan introduced that by the end of 10, two batches of policy development financial instruments had invested a total of 740 billion yuan. At present, the cumulative credit line of banks for projects supported by financial instruments has exceeded 3.5 trillion yuan. At present, the withdrawal of credit projects is small, accounting for only 4% of the credit line, and it is still necessary to continue to increase implementation in the future.
For the next stage of credit work, Xiao, vice chairman of the China Banking Regulatory Commission, said at the meeting that the credit growth rate should be basically stable; We should be good at discovering new credit demand, especially in new industries, new kinetic energy, new citizens and other fields, and at the same time activate dormant demand; We should pay attention to the management of credit and non-credit, try to carry out off-balance sheet financing in the form of loans, and reduce channels and chains; It is necessary to prevent the sharp rise of non-performing assets and increase the disposal of non-performing assets.
Take the initiative to reduce fees and make profits to the real economy.
The meeting proposed to further increase support for small and micro enterprises, individual industrial and commercial households, truck drivers and other market entities, actively support qualified inclusive small and micro enterprise loans to postpone the repayment of principal and interest in accordance with the principle of marketization, and actively reduce fees to benefit the real economy.
As far as financial institutions are concerned, Dong Ximiao, chief researcher of Zhaolian Finance, suggested that while insisting on commercial sustainability and overall controllable risks, we should continue to improve the assessment and incentive mechanism and business processes, optimize the allocation of financial resources, and increase assistance to market players, especially small and micro enterprises and individual industrial and commercial households, so as to better meet the capital needs of the real economy, especially industries and enterprises that are greatly affected by the epidemic.
In addition, the regulatory authorities revealed in the meeting that measures to support financial institutions to reduce the interest rate of small and micro loans in stages will be introduced as soon as possible.