New observation on property market: ICBC does not suspend real estate loan

Source: Internet
Author: User
Keywords property market BOC ICBC real estate loan
In recent days, there have been media reports that banks have suspended real estate development loans, a rumour that has aroused widespread concern in the community. Our correspondent was informed today by the semi-annual results Conference of the Bank of China and ICBC that BOC and ICBC are not currently suspending loans for real estate development.  Look at the report.  Jiang Jianqing, chairman of ICBC, said there are many rumours of a moratorium on real estate development loans, and I have come to the rumor that we did not suspend the business. "We have not suspended the relevant real estate development loan business," said Lihui, the bank's president. Although ICBC and BOC have denied rumors of a moratorium on real estate development loans, analysts in the industry said behind the rumours that the big banks were suspending real estate development, they also reflected a change in the direction of the current real estate industry, such as the recent policy expectations for real estate receivables Management, The introduction of these policies has a certain realistic basis, once implemented, will aggravate the real estate listed companies operating cash flow pressure, the real estate price trend can not be ignored. Industry insiders also said that, although some banks such as Agricultural Bank for the balance of real estate loans, to avoid the end of the month, the choice of a short period of time to stop lending, but a longer period of time to suspend the loan policy will not appear in the near future.
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