In early June, the CBRC required commercial banks to increase credit, especially credit support to the "Rail-based" and the protection of housing and other fields

From monetary policy, credit policy, the tone of "steady growth" policy is more and more obvious. Within one month of the People's Bank of China made a series of drop prospective initiatives to cut interest rates, the China Banking Regulatory Commission has recently begun to "action" to promote the commercial banks to increase credit efforts in order to stimulate economic growth to prevent macroeconomic-expected downstream .

"First Financial Daily reporter was informed, early in June, the CBRC required commercial banks to increase credit, especially credit support to the" Rail-based "and the protection of housing and other fields.

In addition, the CBRC recently proposed a number of specific requirements, the main contents include: credit, efforts to promote economic development; increase of export credit support; selectively support "Iron Kimimoto" project, to ensure that the railways, highways, airports advance of major water conservancy and other infrastructure projects; around the protection of housing construction, we must continue to ensure credit support.

"CBRC early issued a notice of intent is very clear, is to allow commercial banks to lend more than it now appears this month the new credit will increase significantly, while the third quarter will certainly be substantially heavy volume." Yesterday, a state accusing senior members to the newspaper reporter to disclose.

Not only that, a source close to the regulators, who recently told reporters that regulators have asked commercial banks to the full restoration of the credit support of the provincial finance platform, to prevent a greater liquidity risk.

In this regard, the state-owned lines, said: "The CBRC required commercial banks to selectively restore the support of the financing platform, the platform better qualified, the source of repayment is relatively secure financing platform to continue to make loans, not 'one size fits all 'to the stuck platform loans.

"Prior to this, commercial banks, the spirit of the credit structure adjustment, reducing the loan of many infrastructure projects and financing platform, regulators again requiring commercial banks to regain support in these areas." Some analysts have said, "needs to note that China's macro-control has always been there 'to close on death, a place on the chaos', and ultimately the commercial bank lending intensity may far more than the regulators' expectations, which need to be alert. "

According to sources, the Minsheng Bank yesterday issued an urgent notice to all the branches of small micro-enterprise credit lines fully restored to the year-earlier levels to strengthen support for small micro-enterprises.

Prior to the May 23, the State Council executive meeting held clearly pointed out some outstanding contradictions and problems still exist in the domestic economy, especially economic downward pressure should be steady growth on a more important position. At the same time stressed the need to maintain a reasonable scale of financing, further optimize credit structure, and pay more attention to meet the needs of the real economy.


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