Bank of ICBC does not stop real estate development loan

The bank's chairman, Jiang Jianqing, said yesterday in a press conference on ICBC's interim results that the regulator had not halted real estate development loans.　　On the same day in the Bank of China reported the results of the meeting, the Bank governor Lihui also said BoC did not stop the real estate company loans. He said that real estate is the pillar industry of the national economy, it has directly driven the 四、五十个 industry.　　Commercial banks should exert the regulation function of the market, impel the real estate industry to develop healthily and avoid the real estate bubble in local area.　　ICBC President Kaisheng revealed at the meeting, the current Bank of real estate development loans to take the measures to maintain pressure, that is, the appropriate control of the higher prices of real estate development loans, such as the Yangtze River Delta and the Pearl River Delta region, while increasing the two or three-line cities and the Midwest, Northeast China's real estate development　　Jiang also said he hopes to achieve ICBC's "a+h" rights issue before the end of the year. In response to concerns about real estate loans, Bank of China Governor Lihui said at the bank's report yesterday that BOC did not stop real estate company loans. Lihui stressed that BOC believes that real estate loans are relatively good quality, mortgage is relatively adequate for a business, the bank does not suspend such business arrangements. (Zhouyuyan)