The first half of the new real estate loans 1.38 trillion yuan growth fell

Long-term Loan pullback _ credit demand will fall Li Cao Jinling the central bank recently released the first half of 2010 financial institutions lending to the statistical report shows that the first half of this year, the main financial institutions and rural cooperative financial institutions and Urban credit cooperatives real estate RMB 1.38 trillion yuan loan increase, the end of June balance year-on-year growth of 40.2　　%, 4.1% lower than the end of March. "From recent months, the effect of credit line control is more obvious, the bank basically according to the established amount of balanced delivery." The recent introduction of real estate control measures not only raised the loan threshold, but also led to the formation of the real estate market wait-and-see atmosphere, the future growth of personal loans weak.　　"Bank of Communications Finance Research Center, Yongjian said. Real estate loan growth rate fell by the impact of the decline in real estate loans, has been accounted for a relatively large medium and long-term loans began to fall back.　　Central bank data show that in the first half of the year, all financial institutions in foreign currency medium and long-term loans added 4.02 trillion yuan, more than 56.6 billion yuan Year-on-year, the balance of the end of June Rose 37.6%, compared with the end of March and the end of the year respectively, down 7.1 and 5.9%. Lianping pointed out that the clean-up of local government financing platform loans will curb loan demand. In the process of cleaning up, some irregular loans need to find effective collateral and guarantee, there must be some credit deferred lending or unable to lend. Strict lending standards, and the prohibition of local government breach of guarantee will also limit the new credit.　　And the decline in housing turnover will lead to personal mortgages and real estate development loan growth decline. In addition, the bank said that the pressure on the capital chain of housing enterprises depends on the gap between cash inflows and cash losses, taking into account that from the policy to increase the pressure on the capital chain will take some time, the first three quarters of this year, the industry risk will not soon be reflected in the fourth quarter, the financial　　In this context, the investment in real estate development is expected to continue to fall, and a larger drop in space. Real estate policy difficult to loosen in particular, the first half of the housing development loan added 442.3 billion yuan, June end of the year the balance of growth of 26.1%, respectively, compared to the end of the last and March lower 4.5, 5%.　　The first quarter of this year, housing development loans added 320.7 billion yuan, according to this calculation, the second quarter of the increase fell to 121.6 billion yuan, a sharp decline in the first quarter 62.1%. A total of 932.3 billion yuan in the first half of personal home loans, the balance of the end of June growth of 49.6%, higher than the end of the year 6.5%, compared to the end of March Lower 3.8%.　　In the first quarter of this year, personal home purchase loans added 522.7 billion yuan, to this calculation, the second quarter of the new size of 409.6 billion yuan, down 21.6% from the first quarter. April 2010 issued the "State 11" real estate regulation of the new deal, known as the most stringent regulatory policy mix.　　From the first half of 2010, the performance of the real estate market, the effect of regulation effectiveness, trading volume appeared significantly lower, real estate development investment, price, business expectations and other indicators have entered the callback stage. Blending bank chief economist Lianping that the second half of the property market regulationWill not loose, there may even be further initiatives, housing turnover will lead to personal mortgages and real estate development loan growth decline. Monita Investment development company senior analyst Chilli also pointed out: "Overall, the regulatory department three-quarter ventilation meeting policy requirements are similar to the two quarter, the policy tone is still very strict, the financing platform, real estate and other sensitive areas of credit policy statement and earlier than the meaning of relaxation, At present, the policy enforcement of the regulatory department is in a stricter state. "Bank of Communications in the second half of 2010," China's macroeconomic financial outlook report, pointed out that because of the central control of real estate, the determination of the second half of the regulatory policy should maintain a high-pressure situation, a short period of time will not appear loose. However, affected by the overall macroeconomic situation in the second half of the year, follow-up real estate policy regulation will be based on the implementation of existing policies, is unlikely to further afterburner.