Measures of CBRC for the Administration of Operating Real Estate Loans

Legal analysis: Operating property loans refer to loans granted by banks to legal persons with operating properties. The properties owned by banks are used as collateral for loans, and the repayment sources include but are not limited to the operating income of operating properties. Operating property refers to commercial premises and office premises that have been completed and put into commercial operation, and have abundant operating cash flow, good comprehensive income and stable repayment sources, including commercial premises, star-rated hotels, comprehensive commercial facilities (such as shopping malls and shops) and other commercial premises. In principle, the longest period shall not exceed 8 years. (Maximum 15 years)

Legal basis: Article 11 of the Interim Measures for the Administration of Personal Loans shall meet the following conditions:

(1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

(2) The purpose of the loan is clear and legal;

(3) The amount, duration and currency of the loan application are reasonable;

(4) The borrower has the willingness and ability to repay;

(5) The borrower's credit status is good and there is no significant bad credit record;

(6) Other conditions required by the lender.