Mr Liu proposes to restrain city firms from expanding

Source: Internet
Author: User
Keywords Banks loans credits Kandy
Extensive hidden risk Jing Chu Network news (Chu Tian Metropolis Daily) According to the "First financial" report September became the main credit growth of the city firm, quickly become the regulator's focus on "care" object.  Yesterday, in Shanghai, held in the "City Business development strategy and market positioning" meeting, the CBRC chairman Liu said the city's development of the "Three do not", that is, do not speak speed, do not speak on the scale, do not speak rankings.  One of the triggers that led regulators to pay so much attention to the credit growth of the city firm was the September credit surge. Data show that September new RMB loan 516.7 billion yuan, four lines only 110.5 billion yuan, accounting for more than 70% from the previous level down to about 24%, other 13 national joint-stock banks also only added 15.425 billion yuan.  In contrast to the credit contraction of large banks, the month of the city firm, agricultural firms, rural credit cooperatives, policy banks and other institutions of new loans up to 390.8 billion yuan.  In fact, it is not the work of the two March that makes the city firm a major credit force. In the past two years, the city firm has experienced a round of rapid development.  First, some City firms become "provincial firms", some of the leading City firms to achieve the listing financing, after more provincial capitals or central city-level cities have ushered in restructuring, investment, renaming and so on, to achieve the big development before the flop, and most of the ambitious 35-year development plan. The desire for expansion of the city's businesses has again been ignited by policy. But the risk of extensive expansion began to accumulate. "Some of the city's real estate loans accounted for a high proportion of large loans, the phenomenon is also becoming serious, some banks lack of capital problems have been again exposed."  "Guo Tianyong, director of the Central Banking Research Center, told reporters. Another risk for the development of the city firm is "pro-government expansion". It was revealed that the relationship between the city firm and local government became one of the issues at the meeting.
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