Foreign bank loans under pressure loan officer guest as intermediary showmanship

Compared with Chinese banks, foreign banks are in the "non-mainstream" position in the scale of mortgage business.　　Reporter recently visited 4 major foreign banks in Shanghai to understand that, because the foreign capital bank currently "no" Provident Fund loan processing, so mainly in high-end real estate commercial loans "fuss", and some of the loan officer for Showmanship is "guest" when the intermediary actively recommend housing. At present, can not do Provident Fund loans "foreign banks in the number of loans business, certainly can not be compared with the Chinese bank."　　"The retail business director of a foreign bank reluctantly said to reporters that foreign banks in fact, the mortgage business in the 2009-year property market has just improved, but from the beginning of last year's strict controls on the mortgage business of foreign banks to create a small pressure." HSBC Mall Branch, Standard Chartered Bank Jingan Sub-branch, Bank of East Asia Jingan Sub-branch and Citibank Xujiahui branch of the Customer manager told reporters that the current foreign banks can not handle Provident fund loans.　　This is a big hurdle for foreign investment banks to develop their mortgage business, and according to the reporter understand, the current rigid demand for the first set of mortgage customers need to handle a combination of loans. Foreign banks in the home loan business is difficult and the Chinese capital line "to fight the scale", the shift to "service" as a feature. For example, account managers at the Bank of East Asia and Citigroup said they would be exempt from the assessment fee or even the insurance.　　In addition, the foreign bank in the mortgage approval and loan and other processes than some Chinese banks faster.　　"Guest" high-end second-hand housing intermediary according to reporters understand that the current Shanghai foreign banks of the basic standards of home loan business, the first set of mortgage payment ratio of 30%, the interest rate is 85 percent; the down payment ratio of two sets of mortgages is 50%, and the interest rate is up to 10%. However, in addition to some Hong Kong-funded developers will work with foreign banks, foreign banks as a whole in the domestic developers of the primary House loan business, it is difficult to compare with Chinese banks. Therefore, foreign banks to expand high-end second-hand housing loans mainly.　　And Citigroup and HSBC's mortgage commissioners in the reporter's mortgage counseling, will actively ask where the second-hand housing plate, or even said that the appropriate conditions can be recommended. "Foreign capital bank approval of second-hand housing loans, mainly focused on Lujiazui plate, Xintiandi plate, the ancient North plate and Jingan plate and other areas." "This is mainly because high-end second-hand housing loans are usually more than 2 million, which makes a single piece of home loans more profitable," says a Hong Kong-funded bank's mortgage business chief.