Shanghai Pudong Development Bank comprehensively promotes the implementation of urban real estate financing coordination mechanism

2024-02-11 07:16:00

15:16[The Shanghai Pudong Development Bank comprehensively promotes the implementation of the urban real estate financing coordination mechanism]According to the official website of the Shanghai Pudong Development Bank, in order to thoroughly implement the spirit of the Central Financial Work Conference and implement city-specific policies and make good use of the policy toolbox, the Shanghai Pudong Development Bank actively connects with the local real estate financing coordination mechanism and obtains Whitelist real estate projects, establish a green channel for credit, accelerate risk assessment and credit approval of real estate projects, accurately support the reasonable financing needs of real estate projects, and promote the stable and healthy development of the real estate market. In January 2024, Shanghai Pudong Development Bank Hefei Branch actively connected with the local urban real estate financing coordination mechanism and obtained the project list as soon as possible. With the strong support of the local government, the housing construction department and the Financial Supervision Bureau, it took only two weeks to complete the project. The entire process from application to approval of a private real estate enterprise’s real estate development project has been completed. It is planned to be launched following the holidays, which will effectively promote the completion and delivery of the project and protect the rights and interests of home buyers. In January 2024, Shanghai Pudong Development Bank Nanjing Branch actively implemented the “Sixteen Financial Articles” of real estate and the requirements of the urban real estate financing coordination mechanism, and provided continuous support to a private real estate enterprise’s operating property project by adjusting the repayment arrangement of an existing loan of 365 million yuan. meet their reasonable financing needs. Shanghai Pudong Development Bank Hangzhou Branch stabilized financial support for real estate companies. In accordance with the principles of marketization and rule of law, it actively negotiated with a private real estate company and provided support through the extension of existing loans. It reasonably extended the loan by 134 million yuan to promote project completion and delivery and help real estate. Corporate financing is stable and orderly.

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