2014-06-24

Credit Still Tightening: Banks Exit Personal Loan and Unsecured Loan Business

Even if real estate is offered as collateral, interest rates may be 30-40% above the base rate. Also note the loan-to-value ratio of 80% for real estate collateral. It is common wisdom that Chinese have to make 30% down payments, but then can borrow a lot against the home.

"We have done some time before the unsecured, unsecured loans, mainly for small and micro business owners, but then there have been many problems, so basically do not do now," the above-mentioned joint-stock bank account manager, said "We are now loan application approval basically need mortgage, the loan amount plus the value of the property according to the company's turnover to comprehensive assessment, up to 80% loan-to-value real estate. interest reference base rate of 20% -30%. "

......"If you use a credit card loan, then the loan up to $ 500,000 to reach 9% interest rate, loan period of 20 days if the amount is bigger, then there must be guarantees or collateral, interest rates go up 30%, lending time to much longer, "account manager of a listed bank said.

 The reporter visited several banks, only China Merchants Bank also apply for unsecured small and micro enterprises, unsecured loans, "interest rate is 10% -12%, you need to have your own real estate in Beijing," one manager told clients CMB reporters, "If it is applying for a mortgage, the interest rate between 6.9% -7.2%."


小微贷利率上浮30%成常态 多家银行信用贷隐身
"Before, we did have the kind of unguaranteed, unsecured loan, but basically do not do now, because there are many problems," a small micro-shareholding among the best in the business bank account manager told the "Securities Daily" reporters, "You can Go ask the other sub-branches, but I guess now there is little to do in this business. "

  In June of last year after a liquidity squeeze, the tightening of bank credit has become a word used frequently over the past year, apparently also listed small and micro loans contraction. This year, hit by a number of banks as signs unsecured unsecured small micro-loans, has now been non-existent, even with real estate as collateral for the loan, interest rates began to float all the way up to 30% -40%.

  "If you use a credit card loan, then the loan up to $ 500,000 to reach 9% interest rate, loan period of 20 days if the amount is bigger, then there must be guarantees or collateral, interest rates go up 30%, lending time to much longer, "account manager of a listed bank said.

  The reporter visited several banks, only China Merchants Bank also apply for unsecured small and micro enterprises, unsecured loans, "interest rate is 10% -12%, you need to have your own real estate in Beijing," one manager told clients CMB reporters, "If it is applying for a mortgage, the interest rate between 6.9% -7.2%."

  For small and micro banks tightened lending, small loans from the company's attitude is also reflected. "Before May, the applicants do not have to have a business, but also loans to 500 million; loans only after May 1 million and must have their own business", a small loan company's business staff, told reporters, " Opening bank lending rates are basically floating around 20% now generally go up 30 percent or more. "

  Small and micro credit tightening

  Credit Loan stealth

  "We have done some time before the unsecured, unsecured loans, mainly for small and micro business owners, but then there have been many problems, so basically do not do now," the above-mentioned joint-stock bank account manager, said "We are now loan application approval basically need mortgage, the loan amount plus the value of the property according to the company's turnover to comprehensive assessment, up to 80% loan-to-value real estate. interest reference base rate of 20% -30%. "

  The above listed bank customer service manager also told reporters, "If it is a pure credit risk of banks is relatively high, unless it is a good unit, the unit rating is relatively high, otherwise like normal private enterprises, small businesses do not so good , there must be relatively strong guarantee. "

  Several reporters at the joint-stock banks surveyed, only China Merchants Bank account manager can also do credit, but also a maximum amount of 500,000 yuan, the interest rate of around 10% -12%, floating up to 100%.

  "If you are applying for a mortgage, the interest rate of about 6.9% -7.2%, loans up to 500,000 yuan," the client manager.

  In fact, many banks are now small and micro business lending, in addition to micro-credit loans of less than 500,000 yuan, 500,000 yuan or more unsecured, unsecured loans have basically disappeared.

  At the same time, banks in the hands of the rope connecting small and micro loans are being tightened.

  "We had also can apply for credit online, but now do not have this channel, and will need to apply for a specific bank branches", a joint-stock bank headquartered in the South of customer service staff told reporters.

  And even if there is a mortgage loan in June last year after interest rates began soaring.

  "Before last June, we can help our customers to the base rate, but later basically have to go up," a small loan company's business staff said, "Earlier this year, or go up 20 percent, and now basically have go up more than 30 percent to reach if through the relationship of our company, almost 20% of the float can be done, but it does not go any lower. "

  According to reports, after the small loan company to help customers to bank loans, many of them by the consumer in the form of loans, not the invoice, the maximum amount up to 5 million yuan. "A lot of people have to take the loans to real estate, but after May, authorities arrested for this kind of business is very tight, consumer loans are basically less than 1 million yuan, but also have their own businesses, more important is the need invoices consumption, so we have no way to help customers make loans from this way of. "

  Small and micro credit risk control in real terms:

  Find a "patron"

  Small micro-lending bank to tighten policy, on the one hand due since the end of June last year, unlike in the first half of last year as liquidity ample, the banks had to raise a small micro-lending rates; hand behind the growth in non-performing loan ratio As the highest risk of small and micro businesses - credit loans brought more danger signals. In this case, the banks have chosen different paths and patterns to reduce the risk, although these patterns are not identical, but they are by making small and micro enterprises to find a "patron" to reduce the risk of individual combat.

  "If small business collateral is not enough, there is no other units as collateral, it would need to guarantee companies because many banks have defined risk can not guarantee the company is relatively broader range of assessment of these, of course, the cost is relatively high," the above listed the bank's customer service manager, told reporters.

  Reporters noted that Huaxia Bank Beijing Branch and Beijing cultural and creative industries first franchise type of government guarantee company "Beijing National Chinese Chong Financing Guarantee Co." recently collaborated launched the "Loan Guarantee +" small micro-enterprise financing. At the end of the first quarter of 2014, the balance of Huaxia Bank Beijing Branch of cultural and creative industries loans amounted 3.148 billion yuan, an increase of 349 million yuan from the end of 2013. Loans are mainly distributed in the arts and culture, press, publishing, radio, television, software and computer services, advertising the exhibition, the art trade, design services, tourism, entertainment and other areas.

  "The development of cultural and creative enterprises need a lot of money rolling development, a large number of cultural and creative class of small and micro enterprises small scale, lack of fixed assets, 'guarantees difficult', 'financing difficulties' become a common phenomenon", Huaxia Bank Beijing Branch of the responsible person. " 'guarantee + loans' financing small and micro enterprises, by corporate, shareholders and other forms of collateral, guarantees provided by the Chinese national record Guarantee Corporation, Huaxia Bank to provide credit lines based on rapid assessment. "

  Primarily to small and micro business of Minsheng Bank 'circle a chain "mode, is actually small and micro enterprises in the business district and the industrial chain, which, instead of individual combat.

  Minsheng Bank Assistant Governor Lin Yunshan has said in public, doing business district in the small business, small businesses do industrial chain, this will reduce the risk. The bank in accordance with its standard, the customer is divided into Class A, Class B, Class different groups C, treat different types of customers have different ways to support the policy. For the chain of corporate support, based on the core business of trading information provided upstream and downstream of financial services, "on one of the small businesses do not, must follow bulk and scale of the deal, so put the risks to get rid of, "he said.

  Central Bank statistics show that the end of March, the balance of the proportion of small and micro enterprise loan balance of corporate loans was 29.1% at the end of last year accounted for a relatively low 0.3 percent; first quarter of small and micro enterprises in new loans 560.9 billion yuan, accounting for all new businesses over the same period 30.5% increase in loans.

  Minsheng Bank reported quarter, the bank balance of a quarter of small micro-enterprise loans to 405.025 billion yuan, a small number of customers 2,100,500 micro; Merchants Bank in the first quarter balance of small micro-enterprise loans to 306.254 billion yuan, an increase of 8.59% compared with the beginning, small and micro enterprises Retail loans accounted for the proportion of loans reached 37.73 percent, 1.83 percentage points over the beginning to improve.

  Annual data show that last year, Huaxia Bank small business loans 164.08 billion yuan, higher than the same period last year increments; balance accounted for a relatively early last year increased by 2 percentage points.

  In addition, Bank of Beijing , China Everbright Bank, a small balance of micro loans last year was 160.1 billion yuan, 114.5 billion yuan, an increase of 25% and 80.72%.

No comments:

Post a Comment