The Credit Blowout Led To Tight &Nbsp, And Some Banks Raised Lending Rates.

A large bank personage disclosed to the China Securities Journal 25, at the beginning of the year.

According to the person in charge of the assets and liabilities Department of a large state-owned bank, "now that the credit limit of the bank has been put to the full end of the month, the head office has already issued a death order. The branches of this month must not lend beyond the credit line of the month."

To ensure that the amount of credit is not exceeded, the head office has issued a document requesting branches to raise loan interest rates.

The general guiding principle is: for the exiting industry, the lending rate will float 45% on the basis of the benchmark interest rate; for the general access industry, the lending rate will float about 30% on the base of the benchmark interest rate; the loan interest rate of the moderate admittance industry should be increased correspondingly; the loan interest rate can only be 5% if it is approved to be a high quality customer of the head line.

The source said that the bank put forward a "rigid" request for the real estate loan: to raise the loan interest rate to the key customers as far as possible; the high quality and high end customers of the head office level, the loan interest rate cannot be lower than the same level benchmark interest rate; the branch level key customer floating up 10% on the base interest rate; the general customer goes up 15%.

A grass-roots customer manager of the bank said that the head office demanded that the floating loan interest rate really be more "giving power".

"Some key customers with high ratings and years of cooperation with banks may have been able to float their lending rates appropriately, but the lending rates granted by the head office have become the benchmark interest rate or up to 10%.

Such a high interest rate has scaled away some potential loan customers.

But even so, credit resources remain extremely tight.

Now, the loan period of the head office is much longer than before.

The China Securities Journal reporter learned from a joint-stock bank that the bank gave priority to corporate loans.

"When we talk about the project, the interest rate is also raised as far as possible."

Moreover, under the circumstances of raising loan interest rates generally, loan interest rates for SMEs have also soared.

The source said that since 2011, the average interest rate of SMEs in the bank has risen about 40% on the basis of the benchmark interest rate.

However, credit demand for SMEs is still strong.

Behind the rise in lending rates, it is still a blowout for commercial banks in the near future.

It is reported that ICBC, AgBank, Bank of China and China Construction Bank increased the credit amount by more than 350 billion yuan in the first two weeks of January, and the total amount of new credit in the banking industry is close to trillion yuan.

A bank chief executive said that the central bank had already set the lines of credit for January, which could not exceed 12% of the annual credit target of each bank.

Judging from the current situation, the loan amount has been broken through in the first two weeks of January.

Therefore, the bank loan has been very cautious, and some banks have suspended the approval of some projects.

He said: "now we only support people's livelihood loans, head office loans and housing mortgage loans.

However, the entry threshold has been raised.

For example, now our bank has cancelled the preferential interest rate for the first set of mortgage loans. The first mortgage interest rate has been implemented at the same time benchmark interest rate. The two suite loan interest rate standard still maintains 1.1 times the benchmark interest rate over the same period.