First of all, the rise of non-performing loans is not directly related to the property market. Why is the rise in non-performing loans a comprehensive indicator and the property market a big market? Obviously, the development of a market cannot directly affect the non-performing loan ratio of financial institutions. But from the side, there is an indirect correlation.
As we know, since the financial crisis in 2008, the investment of 4 trillion yuan has set off a wave of infrastructure fever in the whole country, which has also promoted the development of the real estate development market. According to statistics, house prices rose by 58.87% from 2008 to 20 10, and by 27.8% from 2005 to 2007, which also made many business owners very jealous, thus driving some enterprises to focus on business.
For example, from 20 10 to 20 14, many enterprises even obtain funds through false acceptance and discount, and then indirectly flow into the real estate market for investment. There is nothing wrong with this operation in the short term, but after two or three years, the real estate inventory is seriously overstocked, and many enterprises are wiped out. Coupled with the influence of the guarantee chain, many enterprises closed down, which triggered a regional outbreak of non-performing loans. (At that time, Zhejiang suffered heavy losses, and the non-performing loan ratio of many local financial institutions once climbed to 10%. )
Second, the impact of illegal inflow of funds into the property market on the quality of credit assets. At present, the development funds in the real estate field are regulated, that is, real estate enterprises need to open regulatory accounts in banks, and all pre-sale funds and bank credit funds should be put into special accounts for special purposes. At the same time, PBOC, China Banking and Insurance Regulatory Commission and Housing Construction Bureau will regularly visit this bank to check the use of account funds.
However, no matter how strict the system is, there will be loopholes. If banks can't control these funds, it will lead real estate enterprises to use the pre-sale funds for other purposes, such as bidding for the next piece of land, thus further improving the asset-liability ratio of enterprises, triggering a capital chain crisis, which is likely to lead to the failure to complete real estate normally.
Moreover, judging from the policy trends of the regulatory authorities, the price changes in some places have risen recently, and the enthusiasm for market speculation has warmed up, which has aroused great concern from relevant departments. For example, on April 22 this year, Xiao, the chief risk officer and spokesperson of the China Banking Regulatory Commission, said that the loan must be used in real terms according to the application purpose and cannot be misappropriated, and asked banks to monitor the flow of funds and resolutely correct the illegal flow of loans into the real estate market.
In addition, the regulatory authorities will also conduct on-site inspections in real time according to the bank's credit supply, and find violations to be corrected in time. Severely punish banking institutions with serious problems, and truly use operating loan funds for enterprise production and operation to ensure stable, healthy and high-quality economic development and effectively prevent and control financial risks.