Property Loan Risks
By Maggie Zhang |
June 24, 2011, Friday
|
Print Edition
Print Edition
REGULATORS are confident of controlling real estate loan risks, Shanghai's top banking regulator said yesterday.
The China Banking Regulatory Commission has launched several stress tests on real estate loans, applying different scenarios.
"Regulators and banks share the same view that width and depth of risks are rising from the property loans, and we are confident we are bringing the risks under control," said Liao Min, head of the Shanghai Bureau of the China Banking Regulatory Commission.
The final results of the stress tests haven't been completed, Liao told Shanghai Daily on the sidelines of a forum in Shanghai.
Regulators have rolled out several measures to control risks in the sector.
Banks have been ordered to raise the minimum down payment on second homes to 60 percent from 50 percent.
The China Banking Regulatory Commission has launched several stress tests on real estate loans, applying different scenarios.
"Regulators and banks share the same view that width and depth of risks are rising from the property loans, and we are confident we are bringing the risks under control," said Liao Min, head of the Shanghai Bureau of the China Banking Regulatory Commission.
The final results of the stress tests haven't been completed, Liao told Shanghai Daily on the sidelines of a forum in Shanghai.
Regulators have rolled out several measures to control risks in the sector.
Banks have been ordered to raise the minimum down payment on second homes to 60 percent from 50 percent.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
