The bank grey credit will sunshine credit line will be tight and tight

With bank credit lines tightening tight, the CBRC recently demanded that the form of credit assets in cooperation with the bank be transferred to the table within two years, which would squeeze the banks ' already-affluent credit lines this year.　　The research center published a report that, because the bank table outside the "Gray credit" channel is blocked, VC and PE will become an important financing channel for enterprises. This reporter Xu Cochi Qingco Research Center Analysis Master Zhe said, according to statistics, the first half of 2010, the new issue of silver letter cooperation products amounted to 2,422, including the number of banks and trust companies in more than 50.　　Financing type of silver Letter cooperative financial products refers to through trust companies, the bank from the investors to borrow money from the funds to use the money, and collect interest from a financial model, the number of such products in the banking business accounts for relatively high. Industry insiders introduced, because the bank in the financing type of silver Letter cooperative financial products only play intermediary or agent role, in the past such financial services were divided into the intermediary business of the bank, related assets have been listed outside the balance sheet.　　But this year, the state through a number of regulatory measures to gradually tighten monetary policy to reduce credit, the banks in order to circumvent the monitoring have borrowed from the issue of financing Silver Letter cooperative financial products to transfer credit assets from the table to the table, resulting in a surge in the scale of credit, risk prevention and credit control increased difficulty According to the ratings agency Fitch released data, in the first half of 2010, in the form of investment products, the scale of foreign loans in Chinese banks amounted to about 2.3 trillion yuan.　　The CBRC issued in early August, "on the regulation of banking and banking cooperation business related matters of the notice" stipulates that commercial banks in this year and next two years will be the balance sheet credit assets into the table. The research center predicts that with a 7.5 trillion "red line" in the new loan line this year, the huge amount of outward lending that goes into the table will compress the bank's credit space over the next year or two. As credit volumes shrink, the difficulty of loan applications will increase. But in the first half of VC and PE market raised funds surge, so will play a more important role in corporate financing activities.