First, the product concept

Commercial housing development loans refer to loans issued to borrowers for the construction of commercial projects such as hotels, office buildings, large shopping centers and their supporting facilities.

Non-residential investment accounts for more than 50% (inclusive) of the total investment of comprehensive real estate projects, and its loans are regarded as commercial housing development loans.

Second, the borrower's conditions

1. An enterprise legal person approved and registered by the administrative department for industry and commerce and qualified for real estate development and operation;

2. If the borrower is a comprehensive real estate development enterprise, its real estate development qualification shall be above Grade II (inclusive), and the paid-in capital shall be no less than 654.38+0 million yuan (inclusive) or the owner's equity shall be no less than 200 million yuan (inclusive);

3. If the borrower is a project company, its paid-in capital or owner's equity shall not be less than 50 million yuan (inclusive), and its holding company's paid-in capital or owner's equity shall comply with the provisions of paragraph 2 of this article, and it is agreed to provide guarantee for timely raising project construction funds when the project is completed on schedule and the project cost exceeds the budget.

Three. Project conditions

1. Suitable for commercial projects such as hotels, office buildings, large shopping centers and their supporting facilities;

2. Located in the bustling business district or central business district, with superior geographical location, convenient transportation, reasonable planning and design, and complete supporting facilities;

3. The project is legal, with state-owned land use certificate, construction land planning permit, construction project planning permit and construction project construction permit;

4. The borrower's own funds invested in the project shall not be less than 50% (inclusive) of the total investment of the project and shall be put in place before the loan funds are put in place;

5. The project is expected to have a good market prospect, and the hotel (hotel) project has been managed by a well-known brand hotel management company;

6. The expected net cash flow of the project is sufficient, and the source of loan repayment is stable and reliable.

Fourth, the loan method.

Loans should be secured. In principle, mortgage guarantee or pledge guarantee such as treasury bonds, certificates of deposit and covered letters of credit that the borrower has the right to dispose of shall be adopted. Where the guarantee ability is insufficient, the way of guarantee can be adopted.

1. In case of mortgage guarantee, the ratio of the loan amount to the actual cost or assessed value of the collateral (whichever is lower) shall not exceed 50% (including 50%);

2. Where bonds, certificates of deposit or covered letters of credit are used as collateral, the ratio of the loan amount to the face value of securities shall not exceed 90% (including 90%);

3. If the guarantee method is adopted, the credit rating of the guarantor in our bank should be above AA, and the enterprise has strong economic strength, sound financial status and sufficient guarantee ability.

V term and interest rate

The longest loan period for leasing and self-operated projects shall not exceed 15 (inclusive), and the longest loan period for selling and transferring projects shall not exceed 8 years (inclusive).

The loan interest rate shall be subject to the relevant provisions of the People's Bank of China and our Bank.

Other matters of intransitive verbs

The loan amount shall not exceed 50% (including 50%) of the total investment of the project.

For leased and self-operated projects, from the year of project completion, the loan will be repaid quarterly or semi-annually (or in an agreed proportion); When the project is sold or transferred, the loan will be repaid in installments according to the project sales progress, and all the loan principal and interest will be repaid when the project is sold at 60%.