4,946.57 TL BIST 100 BIST 100
18.63 $ USD USD
€19.71 EUR EUR
€1.06 EUR/USD EUR/USD
10.48 TL Interest Interest
86.27 $ Fossil Oil Fossil Oil
3.88 $ Copper Copper
23.31 $ Silver Silver
106.74 $ Iron Ore Iron Ore
365.00 $ Ship Dismantling Ship Dismantling
1,083.27 TL Gold (gr) Gold (gr)

Loan step for real estate projects in China

While the mortgage boycott continues in China steps have been taken for banks to provide loans to qualified real estate projects.

Loan step for real estate projects in China

As the real estate industry in China faces new risks with many refusing to pay mortgages for unfinished projects regulators have taken action to encourage banks to lend on quality real estate projects.

China Banking and Insurance Regulatory Commission (CBIRC) told industry newspaper China Banking and Insurance News yesterday that banks should meet the financing needs of real estate companies on favorable terms.

According to the news of China Banking and Insurance News, CBIRC expressed confidence that "all difficulties and problems will be resolved" through efforts.

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