What is the relationship between Sino-German Housing Savings Bank and China Construction Bank?

The relationship between investment and invested, China Construction Bank is the major shareholder of Sino-German Housing Savings Bank. The Sino-German Housing Savings Bank is jointly invested by China Construction Bank and Germany's Schwaibihaus Housing Savings Bank. China Construction Bank holds 75.1% of the shares and Germany's Schweibihaus Housing Savings Bank holds 24.9%. The bank is the owner of the bank. Operating a housing savings business.

The Sino-German Housing Savings Bank currently has a registered capital of 1 billion yuan. It is jointly invested by China Construction Bank and the German Schweibihaus Savings Bank in Tianjin, with a shareholding ratio of 75.1% respectively. and 24.9%. In 2008, the Sino-German Housing Savings Bank was allowed to expand its business scope. Based on the original housing savings business, it launched personal housing loans and supported the development and construction of affordable housing, low-rent housing, economic rental housing and price-limited housing. It provides comprehensive and professional housing financial services to home-buying consumers and real estate development companies. In accordance with the business scope approved by the China Banking Regulatory Commission, the Sino-German Housing Savings Bank will gradually start to accept public deposits, issue financial bonds, act as an agent for issuance, redemption and underwriting of government bonds, act as an agent for collection and payment, act as an agent for selling funds, act as an agent for insurance and domestic and foreign settlements, etc. .

The Sino-German Housing Savings Bank "specializes in housing finance and focuses on housing savings" to create a characteristic housing finance platform. Since its establishment in 2004, the Sino-German Housing Savings Bank has piloted housing savings business and has become a company "specialized in housing finance and focused on housing savings". Housing) is a professional bank with service characteristics that provides new ideas for local governments to solve the housing security problem for low- and middle-income residents.

Housing savings is a mature housing financing system widely implemented in European countries. Together with the commercial mortgage system and the housing provident fund system, it is known as the three major housing financing systems in the world. Various groups of people voluntarily enter into contracts with housing savings banks and regularly deposit deposits into the "cash pool". After reaching certain loan conditions, they can obtain housing loans from the "cash pool" at a fixed low interest rate and quota agreed in advance - —This is home savings.

The attraction of this system is that it can achieve a "win-win-win" situation: for home buyers, they can lock in forward loan interest rates and quotas, accumulate bank credit, enjoy government incentives, and save home purchase costs; For banks, it can effectively alleviate information asymmetry with loan customers and greatly reduce credit risks; for the government, it can guide low- and middle-income groups to accumulate housing funds, cultivate residents' rational and planned housing consumption concepts, and promote real estate development. The market develops steadily.