Belly bank belly loan

Hello!

The short-term lending behavior of "bulging the stomach" is to bulge the stomach at the beginning of the month, release the money, and recover the stomach at the end of the month, and then recover the money.

I hope it will be helpful to you and I hope it will be adopted.

It is more effective to dredge the transmission mechanism of monetary policy and lower interest rates than RRR.

Last week, the central bank released the financial data for February 2065438+2008, with RMB loans increasing by10.08 trillion and social financing increasing by10.59 trillion, both higher than market expectations. Among the new loans, residents' loans increased by 450.4 billion yuan, which was slower than that in June 1 1, of which short-term loans increased by152.4 billion yuan and medium-and long-term loans increased by 307.9 billion yuan. In terms of enterprises, loans increased by 473.3 billion yuan, and bill financing surged, but short-term loans grew negatively. In the month of June 5438+February, the increment of bills reached 339.5 billion yuan, and the medium and long-term loans of enterprises increased by197.6 billion yuan. In June 5438+February, the financing of non-bank financial institutions increased by151800 million.

In terms of currency, the year-on-year growth rate of M2 in June and February was 8. 1%, which was 0. 1 percentage point higher than that in October. The growth rate of M 1 is still low, which is 1.5%, which is the same as last month, reflecting that the business situation of the enterprise is still poor; Near the "two festivals", the growth rate of M0 increased slightly by 3.6%. In June, 5438+065438+ 10, financial institutions increased RMB deposits by 91600 million, mainly due to the sharp decrease in fiscal deposits and deposits of non-bank institutions. In February, 65438, the scale of fiscal deposits exceeded one trillion, and the deposits of non-bank institutions decreased by 782 1 billion, while the deposits of residents and enterprises increased by 1.655 respectively.

From June 5438 to February, social welfare increased by 1.59 trillion, with a growth rate of 9.8%. Among them: entrustment and trust loans reflecting shadow banking activities continued to decrease, with a decrease of 270 billion; Undiscounted bills and discounted bills change synchronously, and the impulse increases positively; The bond market sentiment continued to pick up, and corporate bond issuance continued to remain at a high level, with an increase of 370 billion yuan; Near the end of the year, ABS and loan write-off increased significantly due to the arrangement of moving scale, adjusting profits and saving capital, with a total increase of nearly 400 billion. Excluding the influence of the change of statistical caliber of social integration, the growth rate of social integration continued to slow down slightly under the old caliber.

During the period of 65438+February, the willingness of financial institutions to provide credit turned stronger, and the increase of new credit and social financing was better than market expectations, which was significantly higher than that of the same period last year. The growth rate of M2 shows signs of bottoming out and stabilizing. The positive aspects in the field of financial credit mainly include: first, the credit support for the retail sector is still strong, the investment in consumer finance and mortgage finance is increasing, the off-season of housing consumer credit is not weak, and the pace of approval is obviously accelerated; Second, the seasonal increase in financial resources investment shows signs of acceleration, which will constitute the main force for economic stabilization in the first quarter; Third, the bond financing of high-grade enterprises has obviously picked up, the interest rates in the primary and secondary markets have dropped significantly, and the bond issuance market is relatively hot. This part of the credit investment will support the real economy through capital flow. Fourth, affected by capital constraints, profit adjustment, scale control and other factors, the banking industry has generally increased the speed of asset circulation and the write-off of non-performing assets, which is conducive to revitalizing the credit stock to some extent.

On the other hand, the structural imbalance of credit supply is still outstanding. Different from high-quality enterprises, it is still difficult for credit subjects with weak qualifications to raise funds through financial institutions. This imbalance is manifested in the following aspects: (1) The discounted amount of invoicing has increased significantly. This short-term funding arrangement not only has the beneficial effect of a sharp drop in bill interest rates, but also reflects that financial institutions are still cautious. Short-term funds such as bills can alleviate the shortage of funds in the industrial chain during the "two festivals", but it is not enough to start investment demand. (2) Shadow banking activities continued to weaken, and the negative growth of trust and entrusted loans continued to squeeze shadow banking. The cash flow risk of this part of high-risk subjects is still too high. Although we observed signs of loosening in real estate and local government financing platforms in June 5438+February, low-level companies, private enterprises and "two highs and one surplus" industries in these fields still face the risk of disorderly liquidation, especially the capital market business represented by stock pledge financing.

Judging from the credit supply in the banking industry in the first half of June 5438+ 10 this year, the shortage of reserve items and the credit surge in June 5438+ 10 may coexist. 1 month, the enthusiasm of the banking industry is good, especially in the habit of lending early at the beginning of the year and benefiting early, and induced by the downward stage of interest rates. By the middle of June, 5438+ 10, there was an obvious "bulging belly" in credit, and the signs of increasing credit support in the retail sector were also very obvious. However, on the other hand, there are also some problems such as insufficient effective public demand, limited reserve items, and declining investment willingness. It is difficult to significantly reverse the risk appetite of the banking system before market confidence is restored.

I am a student and have been to loans overdue for 7 times. Can I go to mortgage to buy a house?

Yes, although you are overdue, if your credit status has been good recently, and the purchase requirements meet the bank standards and are very formal, then you can apply completely. It is not difficult!

Why can some people bulge their bellies?

The action of bulging abdomen should relax the abdominal muscles and contract the diaphragm at the same time. Maybe not everyone can complete such a complicated action.

Flatulence in gastrointestinal tract is a general term for a series of symptoms caused by indigestion, which is mostly manifested as abdominal pain or discomfort after meals, often accompanied by nausea, belching, burping and abdominal distension. Among them, belching, abdominal distension, abdominal pain, excessive exhaust, burping and so on are mostly considered as flatulence in the gastrointestinal tract. The gas in the gastrointestinal tract is discharged through the mouth in the form of burping, discharged in the form of exhaust, and some of it can be absorbed by the intestinal wall. Normal adults will feel flatulence when the amount of gas trapped in the gastrointestinal tract increases every day. Long-term indigestion can also lead to malnutrition and decreased immune function. Dyspepsia is only a clinical manifestation, which needs to be differentiated from early gastric cancer, pancreas, biliary tract and liver diseases, so patients with dyspepsia should seek medical treatment as soon as possible.

The warm wind of real estate is blowing slowly: financing is loose and lending is eased. Can housing enterprises tide over the difficulties?

165438+1October 10, both real estate stocks and bond markets rose sharply. Among the real estate enterprises with sales exceeding 100 billion, the share price of 26 real estate enterprises rose by more than 5%, among which the share price of 8 enterprises including Sunac, Shimao and Aoyuan rose by more than 10%. Real estate credit bonds, which have fallen for several days in a row, have also seen a general increase.

The sharp rise of real estate stocks and bonds is related to a rumor. On the morning of 165438+ 10/0, the news that "M&A loans will not be included in the three red line indicators" began to spread widely in the capital market and real estate industry, and then more detailed versions of the content flowed out, and the capital market was full of joy.

The reporter of the Economic Observer asked for evidence in many ways. This news is not groundless. Although the details of the rumors are different, most of them are "basically reliable". In this news, most financial and real estate practitioners expressed cautious optimism. These policies are not considered by the outside world to be relaxed, but to adjust the excessive situation in the implementation of the original policies.

A real estate executive told the Economic Observer that in the second half of the year, especially since September, financial institutions unreasonably restricted the outflow of pre-sale funds of real estate enterprises and made loans, which aggravated the liquidity risk of real estate enterprises. Now it is more like releasing the overweight pressure to varying degrees and returning to the normal track.

This slightly conservative judgment is not groundless. Judging from the information disclosed by all parties, the directional pressure release still maintains a certain rhythm, and the market no longer expects a flood irrigation.

One day after the news of the restricted purchase and sale of Shenyang property market came out, it was reiterated that the regulation was implemented according to the previous terms, and it was once again clear that the main tone of the regulation of "staying in the house and not speculating" in the market has not changed.

Good: some policies have landed.

The news widely circulated in the capital market mainly includes four aspects:

First, M&A loans will not be included in the three red line indicators; Second, development loans and mortgages should be increased, and concentration can temporarily inflate the stomach; Third, the existing project banks can be extended without being downgraded; Fourth, local people's banks have informed major banks that they will clean up the backlog of mortgage loans for more than five months.

Regarding the related content of the rumor, many financial institutions said that it was basically "reliable", but the specific content was different from the rumor. An institutional source said that at present, the relevant policies have not really landed, and M&A loans are not included in the three red line indicators only for "liabilities arising from debt acquisition", not all M&A loans.

He said that even if the policy is implemented, the actual impact on the real estate industry is limited. On the one hand, the M&A loan amount is relatively small and the access threshold is high, which is not available to all housing enterprises; On the other hand, some "green file" housing enterprises have exploded, which means that the security effect of the three red lines is weakened. "Survival" is more important than mergers and acquisitions and downgrades.

Compared with the uncertainty of M&A loans, development loans and mortgage loans have landed in some cities. A number of financial institutions revealed that the specific implementation level follows the principle of city-specific policies, that is, cities grasp the scale according to the actual situation, and some cities have made greater efforts to liberalize mortgages, but some cities "should not have any changes".

Up to now, some city commercial banks have received relevant notices or guidance.

A person from Shanghai Branch of a commercial bank told the Economic Observer that his bank began to implement the relevant requirements of development loans and mortgages in May 438+10. Among them, the development loan has a certain increment, which is more obvious; Mortgage loan is mainly to clean up the stock, and the transmission at the market level is not obvious.

Reality: Liquidity is now slightly loose.

A number of housing enterprises and financial institutions revealed that the financing of housing enterprises has started to loosen recently, and many housing enterprises have obtained loans or are finalizing related financing matters.

1October 9, 165438+ Shimao Group obtained a loan of RMB 0.5 billion from China Merchants Bank/kloc. Before and after this, Shimao also obtained a loan of HK$1500 million from DBS Bank with the property in Hong Kong as collateral. Relevant institutions and Shimao Group confirmed this news and said that the loan was mainly used for reinvestment. Affected by this news, the shares and debts of Shimao Group continued to rise.

On the same day, China Resources Land announced that it had signed a five-year loan financing agreement of HK$ 6543.8+RMB 500 million with a bank. On the same day, the share price of China Resources Land rose by 8.8%.

Also affected by the good news is China Aoyuan, 165438+ 10/0. Guangzhou Chengtou and Zhujiang Industry will provide 3 billion yuan for the Olympic Park. Affected by this news, on June 5438+00 and June 5438+0 1 day, the share price of Aoyuan rose by more than 10%, and the prices of domestic credit bonds and US dollar bonds also rose sharply.

In addition, Vanke Chongqing Company received a financing of 5.8 billion yuan from Ping An Asset Management, and Sunshine City Changsha Project received a loan from Minmetals Trust 16 1 billion yuan.

The launch of a series of financing activities not only supplemented the liquidity of some housing enterprises, avoided the risk of default, but also injected confidence into the real estate industry.

In addition to financial news, some cities have also begun to slightly adjust their original regulatory policies to ease the coldness of market transactions.

165438+ 10. On 5 October, the Wuhan Municipal Government issued a notice that the senior managers of headquarters enterprises who are not registered in this city do not own their own houses in this city, and they can purchase the first set of self-occupied houses in the restricted purchase area, which is not restricted by the restriction policy.

The reason: tightening and squeezing layer by layer.

Since the end of September, many real estate enterprises such as China Evergrande, Fantasia, Contemporary, Baoneng, Sunshine City, Caesar, etc. have experienced default or liquidity risks, and there is a trend of further spread.

Many practitioners of housing enterprises and financial institutions believe that the large-scale liquidity difficulties of housing enterprises are related to the housing enterprises themselves on the one hand and the excessive implementation of relevant policies on the other.

Since the second half of the year, especially since August, because most commercial banks have less mortgage surplus in the whole year, the real estate market transactions have continued to decline. As of 10, it has fallen for four consecutive months.

The property market transaction continued to decline, and the mortgage loan decreased, which greatly reduced the repayment ability of real estate enterprises. A number of real estate companies revealed that the average repayment rate of real estate in the third quarter was around 30%, and the repayment ability declined, which also made financial institutions' expectations of real estate companies' default soar.

In this case, some banks and financial institutions began to restrict the return of sales revenue from the project to the group. "Most of the pre-sale funds are in cooperative banks. The bank is worried that you can't pay back the money, so it restricts you from withdrawing money. These funds can only be left in the project account and cannot be remitted to the headquarters. " A real estate person told the Economic Observer.

For some projects with trust loans, the corresponding official seals and accounts are pledged to trust institutions. Because the trust organization is worried that the housing enterprises can't repay, it also limits the withdrawal of pre-sale funds. "Your official seal and financial seal to the trust company, the other party does not cooperate. The project cannot remit money back to the group. " The above-mentioned housing enterprises said.

At the same time, some banks and trust institutions will also require housing enterprises to repay relevant loans in advance. The above-mentioned real estate developers said that once the rating is downgraded or other behaviors that trigger default occur, financial institutions can ask for early repayment, which is also the usual meaning. Say loan.

According to sources from financial institutions, lending has something to do with the eighth round of inspections. According to CCTV reports, in late September, the eighth round of inspections by the central government conducted routine inspections on party organizations of 25 financial institutions, and all banking institutions began to strengthen the risk control of related loans.

At the same time, since September, many trust executives have been investigated, and trust institutions have also increased their risk control. Under the influence of these factors, banks and trusts strictly control the withdrawal of pre-sale funds from housing enterprises, and at the same time require housing enterprises to repay some unexpired loans in advance.

A person from the top 20 housing enterprises told the Economic Observer that in the context of market downturn and repayment difficulties, banks and trusts lent money at the same time in September, which aggravated the liquidity risk of housing enterprises to some extent and was one of the main reasons for the liquidity difficulties of some housing enterprises.

To make matters worse, after the liquidity risk of Evergrande appeared, the project guarantee and delivery fell on the local government, which caused great pressure on the local government. For this reason, since the end of September, most cities have strengthened the supervision of pre-sale funds.

Moreover, around the end of September, ABS financing of real estate was suspended, and financing through other channels became difficult. "It is not because the supervision does not approve the quota, mainly because of the frequent storms of housing enterprises, and many investors are afraid to buy credit bonds, resulting in many debts not being issued," said the above-mentioned top 20 housing enterprises. "A variety of factors are superimposed together, which leads to the aggravation of real estate liquidity risk." The source stressed that the current real estate liquidity risk does not rule out the reasons of individual enterprises' own operations, but most of them are caused by external factors. "There is money in the account, but it can't be withdrawn. There are assets, but it is difficult to realize."

Sunshine City executives told investors that as of the beginning of 1 1, Sunshine City had 26 billion yuan in cash and less than 700 million yuan could be used; Caesar executives also told investors that there was only a small amount of more than 38 billion yuan in cash in the account. "If you don't adjust, other housing companies may also have problems." The above-mentioned top 20 housing enterprises said that fortunately, after a round of investigation since the end of September, the regulatory authorities have a certain grasp of the difficulties of housing enterprises, and the strict implementation of financial institutions has improved.

Follow-up: tightness is still measured.

Since the end of September, the central bank, the China Banking Regulatory Commission, the Association of Interbank Dealers, the Ministry of Housing and Urban-Rural Development and local governments have successively convened meetings of relevant housing enterprises to find out the status quo of enterprises, markets and industries. After every thorough investigation, some good news will be released.

A number of housing enterprises and financial institutions revealed that after the central bank and the Ministry of Housing and Urban-Rural Development convened a meeting of eight housing enterprises at the end of September, the attitude of banking institutions towards housing enterprises began to improve. On the one hand, they suspended lending to housing enterprises, on the other hand, they also moderately increased a small amount of development loans and a small amount of mortgage loans. "The development loan has been loosened, but the overall amount is not large." The above-mentioned housing enterprises revealed that although the development loan quota has been liberalized to a certain extent, it is a drop in the bucket for housing enterprises. "At that time, it was still controlled by the' two upper limits'. If the regulatory authorities have no clear opinions, banks will not dare to break through privately. "

With the intervention of the regulatory authorities, financial institutions have also relaxed their lending to housing enterprises. The above-mentioned top 20 real estate enterprises said that financial institutions have restrictions on the return of funds and lending of real estate enterprises. "We understand that the regulatory authorities did not know it before, but now they know it and make corresponding adjustments."

Not lending means that the blood loss of housing enterprises is reduced, but it is still difficult for housing enterprises to withdraw their own funds and financing ability, or it is difficult to withdraw pre-sale funds.

The above-mentioned housing enterprises said that in the current environment, all parties including financial institutions and local governments have insufficient confidence in housing enterprises. "The supervision of pre-sale funds used to be there, but it was relatively loose and easy to extract. Now it is not only strict, but also the scale of capital restrictions has increased. "

A financial institution believes that even if the quota control is relaxed, it will be less than two months by the end of the year. Many banks don't have mortgage lines. "Even if the mortgage amount can be inflated, there will not be too many real landings in such a short period of time." .

Most financial and real estate professionals believe that more housing enterprises can avoid liquidity risks if they can make appropriate adjustments in two aspects. First, after the credit rating of the main body is lowered, financial institutions will not lend; Second, the supervision of pre-sale funds will be controlled within a reasonable proportion and scope.

On June165438+1October 1 1, major commercial banks held a meeting to arrange and implement policies related to real estate loans, but there was no further clear information on how to implement them before the deadline.

However, Shenyang, which previously released the policy of relaxing restrictions on purchases and sales, implemented the policy of "admitting loans but not admitting houses" for personal mortgage loans, also said on June165438+1October 1 1 day that it still followed the original control policy.

The introduction of belly loan and belly bank ends here. Did you find the information you needed from it?