Banks approved loans for "whitelist" projects exceeding 160 billion yuan! Establish urban real estate financing coordination mechanisms in many places. More than 100 cities across the country have established urbanReal Estate financing coordination mechanism.
Under the coordination of this mechanism, banks have granted more than 160billion yuan in credit to real estate projects. Many banks are connecting with the "white list" projects pushed by the real Estate financing mechanism. Many provincial and municipal financial regulatory authorities have recently increased coordination efforts to promote banks to speed up the approval of the reasonable financing needs of "white list" Projects.