Oct 14, 2021 11:20 AM (GMT+8) · EqualOcean
Recently, it was learned from Guangdong banking and insurance regulatory bureau that Guangdong strictly implemented the real estate loan concentration management system and the financing management regulations of key real estate enterprises, prevented the excessive concentration of real estate loans and promoted the steady and healthy development of the real estate market. By the end of September, the proportion of real estate loans in all loans under the jurisdiction of Guangdong banking and Insurance Regulatory Bureau (excluding Shenzhen) had decreased by 1.5 percentage points year-on-year, and the proportion of personal housing loans for the first house had exceeded 90%. By the end of September, loans to the real economy in Guangdong had increased by 17.1% year-on-year. Among them, the balance of manufacturing loans was 1.7 trillion yuan, a year-on-year increase of 21.7%.