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<CN Home>CN Property 'Whitelist' Project Loans Can Be Extended for 5 Yrs if Conditions Met: Report
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Chinese regulatory authorities issued the latest policy guidance on the real estate financing coordination mechanism this week, Chinese media reported, citing multiple national bank sources. The core of the guidance is that projects already on the "whitelist" of the financing coordination mechanism, which meet certain conditions and standards, can have their loans extended at the original lending bank. This effectively means that the relevant loans can be extended for five years, the report quoted interviewed bank personnel as saying. AASTOCKS Financial News Website: www.aastocks.com |
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