Some foreign capital two suites discount rate quietly canceled

Yangshui CBN yesterday learned from several foreign-funded corporate banks in Shanghai that the Bank of East Asia and Citigroup's two sets of mortgage rates have been on the benchmark rate of 10%, but HSBC and Standard Chartered Bank two sets of mortgage rates, the minimum still performs a 71 percent discount. "The two suites are now out of discount. "CBN reporters yesterday called the Bank of East Asia (China) customer service, was told that the bank two of the current benchmark rate of interest rates floating 10%, down payment 40%.　　A Citi customer service also said the bank had implemented two sets of mortgage rates at 1.1 times times the benchmark rate.　　And CBN reporters from HSBC and Standard Chartered Bank learned that as long as the intervention requirements and the provision of loan terms, the two sets of mortgage rates can still enjoy a maximum of 71 percent discount.　　In this connection, Lin Zhimin, deputy governor of the Bank of East Asia (China), said that because most of the home loans of foreign banks are foreigners, the first home loan majority, in accordance with the regulations, foreigners to buy two suites loans are limited, so two sets of mortgage interest rate increase on foreign banks mortgage business will not be very However, at present 71 percent of the interest rate concessions will be foreign loans to the "last Bus" discount. Standard Chartered Bank customer service staff Xu to CBN reporters repeatedly stressed: "Next year two of mortgages are likely to start the implementation of new interest rates, floating 10% and the maximum loan limit of 60%." "Catch the last bus!"　　"The customer service staff to write a bill, the current two sets of mortgage interest rate is 5.94% (5 years above the benchmark rate) down 29%, then if the benchmark interest rate of 10%, before and after the difference of 2.32%.　　For the majority of Chinese banks to tighten the mortgage business, the strict implementation of the second suite interest rate standards, a foreign bank said that because of the rapid growth of Chinese bank loans since this year, many banks have run out of (mortgage) quota, has already begun to implement two sets of mortgage rates 1.1 times times the standard.　　However, foreign bank loans were relatively slow in the first half of the year, Lin Zhimin said yesterday that the bank's loan quota has not run out. As a result, when Chinese banks tighten the "money bag", foreign banks are waiting for the market. CBN reporter learned that a number of foreign banks to carry out mortgage promotion activities, and the introduction of new mortgage products. Taking HSBC (China) For example, recently introduced to deal with the renminbi mortgage business tax relief fees, housing assessment fees, and give home insurance and other activities, and for the Bank of East Asia (China) renminbi credit card, can be in the mortgage business to reduce fees and legal fees, and send insurance; Standard Chartered Bank (China)　　Recently also launched a housing mortgage loan products. A Bank of East Asia account manager told CBN reporter, the bank recently launched a two-suite mortgage products, if the loan period within 15 years, according to the 3-year lending benchmark rate, the implementation of 71 percent discount.