Nearly 90% bankers worry about housing credit risk

Newspaper reporter Wang Ying 71% of bankers believe that there may be a rise in non-performing loan concentrations in the future. A recent survey by the Chinese Banking Association in Beijing: Nearly 90% bankers worried about the risk of house credit risks, 88% of China's banks worry that tighter credit policies could put pressure on the capital chain in the real estate sector, making it a major risk for the property industry.　　Meanwhile, 71% of bankers think there may be a rise in non-performing loans in the future. The survey was published October 14 by the China Banking Association and PwC in a joint publication of the Chinese Banker's Survey Report 2010 (hereinafter "the report") in Beijing.　　The report is said to have been compiled from questionnaires and interviews of nearly thousands of Chinese bankers.　　Since the middle of April this year, the government has been tightening the price of housing, requiring banks to conduct a rigorous review of real estate development loans, and to implement a differentiated housing mortgage credit policy. According to the report, 75% of bankers agree that the real estate market is facing strong uncertainty, making bankers feel pressured to operate; 88% of bankers believe that the biggest risk in the 2010 is the pressure on the capital chain of the real estate sector, the most important of which is credit policy tightening,　　Once the risk chain of the real estate development loan is broken, it will have an impact on the upper Land Reserve loan and the deferred housing mortgage loan. Some bankers surveyed said the concentration of non-performing loans would rise over the next 35 years.　　71% of bankers believe there may be a rising concentration of non-performing loans in the future, but this is unlikely to happen in the next three years.　　Bankers generally believe that non-performing loan rates will remain at a lower level overall over the next three years.　　For the future trend of the real estate market, many bankers believe that under the pressure of regulation and control policy, the real estate market will be adjusted in a short period of time, but in the long run the real estate market will maintain the growth trend, due to the "limited land resources and urbanization of the gradual progress." However, most bankers remain cautious about future real estate development loans, with only 13% of bankers opting for "moderately scaled up".