Banks to prevent impulsive lending rise

In the first half of China's new loans 7.37 trillion yuan, 4.92 trillion yuan Liu: to specifically prevent the real estate market and other new risk points, the annual provision of coverage to be raised to more than 150% according to Xinhua news agency, Beijing, July 19, China Banking Regulatory Commission chairman Liu said recently that in the first half of this year, China's　　Has played an important role in promoting the stability of the economy, but the risk of the accumulation of high speed loans is also increasing, and the tendency of the banking financial institutions to operate in a reckless and impulsive lending and extensive is rising. Liu said in a recent meeting of the Banking Regulatory Commission in 2009, the third economic and financial situation briefing, stressed that at present, to specifically prevent the project capital is not real or insufficient risk, Bill financing risk, loan concentration risk and real estate market risk and other new risk points.　　We should strengthen the risk management and further optimize the credit structure.　　He stressed that in order to fully implement the country's policy of "guaranteeing growth, expanding domestic demand and adjusting structure", we should ensure the safe and sound operation of the banking sector and promote steady and rapid economic development. Liu briefed the banking financial institutions on the practical strengthening of risk management, further optimize the "10 requirements" of the credit structure, including: Strictly adhere to the bottom line of capital adequacy ratio, maintain the stability of capital adequacy ratio at current level, strengthen the national key projects, small and medium-sized enterprises, "Three rural", guaranteed housing, major scientific and technological special, Energy-saving and emission reduction of credit support, strict control of the "two to one capital", overcapacity industry loans, control the risk of real estate loans, strict implementation of the "Second Suite" standard, strictly in accordance with the provisions of the mortgage loans to the first payment ratio and the loan rate, to invest in housing to adhere to　　The strict risk pricing of interest rate and the principle of strict credit audit, take effective measures to prevent the "fake mortgage" "false down payment" phenomenon occurred. BEIJING, July 19 (Xinhua) China Banking Regulatory Commission (CBRC) said in a recent meeting of the CBRC's third economic and financial situation in 2009 that financial institutions should strengthen risk management.　　Strict adherence to the bottom line of the provision coverage, in the year must increase the allocation coverage to more than 150%. The data released by the central bank show that from January to June this year, China's new RMB loan reached 7.37 trillion yuan, the year-on-year increase of 4.92 trillion yuan.　　June month, RMB loans increased 1.53 trillion yuan, more than 1.2 trillion yuan. Since this year, China's commercial banks have been increasing the provision of coverage. At the end of March, China's domestic commercial banks (including state-owned commercial banks, joint-stock commercial banks, city commercial banks, rural commercial banks and foreign banks) set the coverage rate of 123.9%, compared to the beginning of 7.5%. At the end of June, commercial banks had a 134.3% per cent coverage rate of 17.9%, up 10.4% from the end of the first quarter.