The CBRC's interim measures on the administration of personal loans (draft for soliciting opinions)

The Banking Regulatory Commission concerned officials on the "personal loan management interim measures (draft)" answer the reporter asked recently, China Banking Regulatory Commission on the "Personal loan management interim measures" (hereinafter referred to as the "method") public for comments.　　The head of the CBRC's relevant departments answered the reporter's questions on the relevant contents of the scheme.　　Q: What is the background of the "approach"? A: In recent years, with the continuous development of our national economy and the increasingly active financial markets, personal loan business has developed rapidly, only in the first half of 2009, the cumulative increase in personal consumption loans of 650.8 billion yuan, compared with the same period last year more than 391.7 billion yuan. However, compared with the increasing number and variety of personal loan status and trends, China still lacks a unified management method to regulate such loans. Although the Commercial bank individual loan management has obtained the more mature experience, but lacks the unified standard for each other, faces the big legal risk and the reputation risk, at the same time, some banking financial institutions loan business illegal operation phenomenon, especially "false mortgage", "Top imposter" and loan misappropriation and so on, Not only seriously endanger the legal rights and interests of borrowers, but also affect the capital into the real economy, the impact of credit on the steady and rapid growth of the national economy continued to support the effect. In order to further implement the policy requirements of the Party Central Committee and the State Council to "guarantee growth, promote development, adjust structure and Huiminson", boost the confidence of individual loans, further increase the support role of credit to expand domestic demand, ensure credit funds enter the real economy, protect the legitimate rights and interests of borrowers and lenders, and　　The China Banking Regulatory Commission has formulated these measures on the basis of a comprehensive reference to and absorbing the advanced management experience of domestic and foreign loan business.　　Q: How is the definition of "personal loan" in the scheme? A: "The method" from the protection of the legitimate rights and interests of personal loans, the definition of personal loans as "personal loans refers to the lender to have full civil capacity of natural persons, according to the agreed conditions to provide loan funds and recovery of principal and interest business behavior." The approach includes the whole process of credit activities from loan acceptance to loan recovery, covering the main parties ' behaviors, such as borrowers, lenders, transaction objects, intermediaries and so on, from the operational integrity and systematic consideration. This is the first personal loan management regulation issued by China, and it is also an important part of the Banking Regulatory Commission in the past two years.