CCTV News:As of the end of August, listed banks have successively announced their performance reports for the first half of 2021, and most listed banks have achieved double-digit growth in net profit. In the first half of this year, the growth rate of real estate loans in China was the lowest in eight years, and the non-performing rate of real estate loans in some banks also increased. How will the relevant policies of banks go in the future? Let’s watch together.
This year is the first year of the implementation of the real estate loan concentration management policy. Statistics show that in the first half of the year, the proportion of real estate loans of more than 20 listed banks declined. China Construction Bank said that it will digest the excessive part of real estate loans year by year according to the policy requirements.
Cheng Yuanguo, Chief Risk Officer of China Construction Bank:Resolutely implement the regulatory requirements, individual housing loans maintained steady growth, and the proportion in the total loans gradually declined. As of the first half of the year, the balance of individual housing loans was 6.1 trillion, an increase of 4.7% over the beginning of the year. In the next step, CCB will continue to carry out personal housing loan business smoothly and orderly, and promote the balanced development of price and quality of personal housing loan business.
In the first half of the year, the NPL ratio of real estate loans of China Merchants Bank, Bank of Ningbo and other banks increased. In this regard, the Bank of Communications said that the proportion of real estate loans will remain basically stable in the future, and at the same time, it is necessary to increase risk management and control.
Tu Hong, Business Director of Bank of Communications:Credit resources will focus on the Yangtze River Delta, Guangdong, Hong Kong and Macao, Beijing-Tianjin-Hebei metropolitan areas and Chengdu-Chongqing industrial park business circle with industrial population introduction, to high-quality real estate enterprises with stable financial strategies, to residential projects with obvious location and cost advantages, and to accelerate the decline of net population outflow areas and high-leverage and high-debt real estate enterprises. It is strictly forbidden for funds to enter the real estate field illegally.
Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, etc. also indicated that they will increase the identification and prevention of risks related to the real estate sector.