From April onwards, 105 key cities only need to log in to the bank's Land information Inquiry system, they can know which enterprises in these cities with land in the bank do a duplicate mortgage. Ministry of Land and Resources department in charge of Cadastral division recently said that to check the land mortgage records, the principle of not more than two working days. The official said that since 2000, China's land mortgage loans accounted for more and more bank lending, annual increase of about 40%, involving false land mortgage loan case also more and more, to the bank caused great pressure and no small loss. The Bank Land Information Inquiry System is an information query system based on Internet, which includes "one platform, two clients". The application scope of the system includes: 105 key cities for the dynamic monitoring of urban land price, and the land and resources departments of the area (counties), as well as all the banking financial institutions (including branch offices) which carry out land mortgage credit service in the above areas. (Reporter Xi Jian rong)
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