New standards for loans and finance

September 04, 2009 | BY

clpstaff &clp articles

Two new regulations promise to standardise processes for project financing and lending for fixed assets, and help solve the problem of excessive loans flowing into China's stock markets

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The China Banking Regulatory Commission (CBRC) issued the Guidelines for the Project Financing Business (项目融资业务指引) (Guidelines) on July 18 2009 and the Tentative Measures for the Administration of Loans for Fixed Assets (固定资产贷款管理暂行办法) (Measures) on July 23. The aim of the two new sets of regulations