CBRC Chairman: Strictly Control The Risk Of Real Estate Loans Such As Large Housing Enterprises

Liu Mingkang pointed out that in the first three quarters of this year, the banking operation was generally stable, but the instability and uncertainty of the global economic and financial system were increasing. The impact of external demand and capital flow should not be ignored. The risk situation faced by the banking industry is still grim. The banking industry should soberly understand and actively deal with the outstanding risks, and risk management should not be relaxed for a day.

Liu Mingkang stressed that banking financial institutions should intensify their efforts to effectively manage and control the loan risks of local financing platforms.

We should carry out dynamic account management for local financing platform loans, conduct classified disposal according to the principle of cash flow coverage, and strengthen the management of platform loan collateral, project cash flow and repayment conditions as well as asset classification and provision management.

In addition, the risk of real estate loans has also been listed as the focus of attention by the CBRC.

Liu Mingkang asked that banking financial institutions should continue to strictly implement differentiated housing credit policies, strictly control the risk of large housing enterprises group loans, pre risk the exposure of high-risk real estate enterprises, and rationally meet the needs of small and medium sized apartments, low and medium real estate development loans, and continue to support affordable housing projects on the basis of grasping the risk and income.

Liu Mingkang urged that we should increase credit control over projects with high energy consumption and high emission. We should actively participate in the work of shutting down the list of those listed on the list of backward production capacity and do a good job in the preservation of credit assets. In line with the requirements of national industrial restructuring and energy saving and emission reduction, we should speed up financial services and product innovation under the premise of risk control, vigorously promote the long-term mechanism for supporting energy conservation and emission reduction, and attach great importance to the development trend of credit risk in the industry, and establish an effective risk monitoring and early warning system.

The CBRC also requires banking financial institutions to do well in liquidity risk management.

We should strengthen the management of daily liquidity of banks, attach importance to liquidity risk stress testing, and learn from the new regulations of international regulation to improve the level of liquidity risk management.

At the same time, we should deploy the management of the end of the year as early as possible.

When it comes to promoting the "12th Five-Year" planning and development of the banking industry, Liu Mingkang pointed out that banking financial institutions should strictly abide by the bottom line, and strive to do well in the development and construction of four regulatory tools, such as capital adequacy ratio, dynamic provision rate, leverage ratio and liquidity ratio.

We should continue to further advance the scientific work of credit and promote the implementation of the "three methods and guidelines". We must ensure that credit funds are invested in the pactions and fields that have been carefully agreed and carefully examined in advance. We must strictly and scientifically determine the way of repayment so as to ensure early detection, early intervention and timely release of risks.