The guidelines for commercial banks in dealing with leasing housing operation and management compliance involve conducting thorough due diligence investigations on the legality and compliance of leasing housing enterprises, including factors such as rental levels, occupancy rates, professional capabilities, financial status, and prudent management. Commercial banks are encouraged to design loan terms, interest rates, and repayment methods that take into account the operational and risk characteristics of leasing housing enterprises, with rental income as the primary source of repayment. Other repayment sources should be evaluated cautiously, and credit loans should be provided based on the creditworthiness and operational conditions of leasing housing enterprises.
In addition, measures to diversify financing channels for the leasing housing market include supporting commercial banks in issuing financial bonds for leasing housing, expanding bond financing channels for leasing housing enterprises, and encouraging the issuance of debt financing instruments like corporate bonds and enterprise bonds for leasing housing construction, purchase, and operation. Innovative approaches like covered bonds and real estate investment trust (REITs) are also encouraged to support long-term holding and operation of rental housing by leasing housing enterprises. These measures aim to provide comprehensive financial solutions for leasing housing construction and operation enterprises, leasing brokerage institutions, and leasing management service platforms, including account opening, settlement, consulting, and cash management.
Overall, the guidelines and measures outlined in both parts emphasize the need for commercial banks to carefully assess the compliance and operational aspects of leasing housing enterprises, and to provide appropriate financial support through diverse financing channels. These efforts aim to promote the development of the leasing housing market and enhance the lending capacity of financial institutions in this sector.
http://www.pbc.gov.cn/tiaofasi/144941/144979/3941920/4803643/2023022416125884553.pdf