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Loan curbs rein in fund overflows into realty--China Economic Net


China has made a start in reversing excessive capital flows into the real estate market, with the top banking and insurance regulator s measures to rein in funneling of business loans into property financing bearing fruit.
 
Property lending portfolio of lenders increased by 10.5 percent on a yearly basis by the end of April, with the growth rate hitting an eight-year low, said Liang Tao, vice-chairman of the China Banking and Insurance Regulatory Commission, at a news conference on Tuesday.
 
The country s top banking and insurance regulator, together with the Ministry of Housing and Urban-Rural Development and the People s Bank of China, took measures to prevent business loans from flowing into the real estate sector by requiring banks to strengthen borrower qualification verification, credit demand verification and the administration of intermediaries. ....

Wang Su , Liu Zhongrui , Liang Tao , People Bank , China Development Bank , Ministry Of Housing , Risk Surveillance Department , Rural Development , Insurance Regulatory Commission , China Banking , Urban Rural Development , Risk Surveillance , வாங் சு , லியாங் தாவோ , மக்கள் வங்கி , சீனா வளர்ச்சி வங்கி , அமைச்சகம் ஆஃப் வீட்டுவசதி , ஆபத்து கண்காணிப்பு துறை , கிராமப்புற வளர்ச்சி , காப்பீடு ஒழுங்குமுறை தரகு , சீனா வங்கி , நகர்ப்புற கிராமப்புற வளர்ச்சி , ஆபத்து கண்காணிப்பு ,

China's property loans increase at slowest pace in years--China Economic Net

China's property loans increase at slowest pace in years--China Economic Net
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Liang Tao , Liao Yifan , Insurance Regulatory Commission , China Banking , லியாங் தாவோ , காப்பீடு ஒழுங்குமுறை தரகு , சீனா வங்கி ,