2 trillion real estate channel business clearing? Several trust executives said they were not informed

category:Finance
 2 trillion real estate channel business clearing? Several trust executives said they were not informed


Its a process to reduce the channel business scale, including the real estate channel business scale, said another executive of the central enterprise background trust company interviewed. Trust institutions will resolutely not be used as regulatory arbitrage tools, and the real estate channel business will shrink significantly. But as a business development mode, the cooperation between banks and credit will exist for a long time.

According to the official data of China Trust Association, by the end of the second quarter of 2019, the balance of trust funds invested in real estate was 2.93 trillion yuan, accounting for 15.38%. According to the analysis of the insiders, the total scale of the real estate trust business is close to 3 trillion yuan, of which 2 trillion is the channel business, mainly the bank credit channel business.

A number of industry insiders said that despite the implementation of the regulatory authorities on No. 64 document to suppress channels and control real estate, the new regulations on asset management also clearly required to eliminate multiple nesting and inhibit channel business.

A number of trust company insiders told the securities times that the key task of the companys middle and back office departments in the second half of the year is to self check and rectify according to the requirements of the CBRC No. 64 document. According to the reporter, No. 64 document outlines three key points for the rectification of the industry: first, adhere to the same goal of channel removal, and do not reduce the strength; second, strengthen the compliance management and risk control of real estate trust; third, promote and optimize the business structure of trust institutions. The trend of channel pressure and real estate control will not change, but the regulatory arbitrage that is the focus of the regulatory crackdown is not to eliminate the real estate business or all channel businesses. One trust executive told reporters. Yuan Jiwei, a senior trust researcher, said: there are some difficulties in defining the channel business, a large number of existing channel projects need to gradually expire, and the current tone of real estate regulation is stable. Source: responsible editor of Securities Times: Yang bin_nf4368

According to the reporter, No. 64 document outlines three key points for the rectification of the industry: first, adhere to the same goal of channel removal, and do not reduce the strength; second, strengthen the compliance management and risk control of real estate trust; third, promote and optimize the business structure of trust institutions.

Yuan Jiwei, a senior trust researcher, said: there are some difficulties in defining the channel business, a large number of existing channel projects need to gradually expire, and the current tone of real estate regulation is stable.