China Banking and Insurance Regulatory Commission talks about “guaranteing the delivery of buildings”: effectively meeting the reasonable financing needs of real estate companies

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 Titan Media App reported on August 12 that the head of the relevant departments of the China Banking and Insurance Regulatory Commission said at the briefing meeting that the Banking and Insurance Regulatory Commission actively instructed banks to actively guide banks to cooperate with local governments in orderly arrangements to consolidate the responsibilities of all parties. Participate in the study of the plan to reasonably solve the hard funding gap, do a good job in providing qualified credit, and do everything possible to promote "guaranteing the delivery of buildings and stabilizing people's livelihood". In the next step, we will further implement the prudent management system for real estate finance, effectively meet the reasonable financing needs of real estate companies, vigorously support rental housing construction, support project mergers and acquisitions, and focus on new citizens and urban young people to better meet rigid and improved housing needs. . Strengthen work coordination with all parties, cooperate and actively promote the work of "guaranteeing the delivery of buildings and stabilizing people's livelihood", provide relevant financial services in accordance with laws and regulations, and promote a virtuous circle and healthy development of the real estate industry. (Source: 21 Finance)

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