Some commercial banks have implemented new mortgage regulations

-Our correspondent Zhang Zhahui Ren Gao Chanfang to the State Council after the introduction of the two suite down payment is not less than 50% of the new rules, some commercial bankers said 19th, although no formal notice of the headquarters, but in order to prevent the risk of non-compliance, has been on the incremental loan contract in accordance with the new regulations. At present, ICBC has formally implemented a differentiated housing credit policy starting from 16th, implementing new rules for the new contract and approval of individual housing loans. As of the time of the Chinese securities newspaper, the Bank of China, CCB and ABC have not issued a clear announcement on the implementation of new mortgage regulations at the headquarters level.　　Among them, in the mortgage market accounted for the largest construction bank in China Securities newspaper reporters said the construction bank will be in accordance with the requirements of the State Council to speed up the implementation of new rules. In addition, CITIC Bank has issued a request to all branches of the country to fully implement the new rules.　　After receiving the notification, Citic Bank has responded positively and deployed immediately, and earnestly implemented the relevant policies of the supervisory department and the headquarter. In foreign banks in China, Standard Chartered Bank on 19th to make adjustments to the housing policy.　　Citigroup China, East Asia and China said it is currently studying the details of the mortgage operation, and so on after the announcement. A bank official said the approved loan contracts would not be affected by the new mortgage rules. However, if the current customer will be prepared to report the material, approval will take a certain period of time, during which policy changes may bring customers down payment and interest rate changes.　　As a result, "contracts awaiting approval are variable". A joint-stock bank said that it is still waiting for the head office and branch documents. "The new rules are still in the process of drafting the document, it may take some time to come out."　　"As a result, there may be discrepancies in the operational details of the banks that have implemented new mortgage regulations." Banks in the industry said that before 19th, banks can still carry out the past mortgage regulations, starting from 20th, the bank basically began to implement new rules.