MLS Football Jersey

Gametime insider

Latest news, news and insights on sporting events

Finance

The State Administration of Finance and Administration of the People’s Bank of China jointly issued the "Notice on Adjusting the Relevant Policies for Automobile Loans"

In order to implement the decision -making and deployment of the Party Central Committee and the State Council, and promote the new replacement of the car in the old, the People’s Bank of China and the State Administration of Finance and Administration of the National Financial Supervision and Administration jointly issued the “Notice on Adjusting the Relevant Policies for Automobile Loans” (hereinafter referred to as the “Notice”), and it is clear that financial institutions are in accordance with the law in accordance with the law according to law.Under the premise of compliance and risk controlling, according to the borrower’s credit status and repayment ability, the highest proportion of traditional power vehicles and self -use new energy vehicle loans.Encourage financial institutions to combine the segmentation of vehicles to strengthen the innovation of financial products and service with the old and new scenarios, and appropriately reduce the liquidated damages generated by the loan in advance in the process of replacing the new process.

In the next step, the People’s Bank of China and the State Administration of Financial Supervision and Administration will guide financial institutions to implement the requirements of the “Notice”, increase financial support, and better support reasonable car consumption needs.

appendix:

Notice of the State Administration of Finance and Administration of the People’s Bank of China on adjusting the relevant policies of automobile loan

The Shanghai Headquarters of the People’s Bank of China, provinces, autonomous regions, municipalities, and planned cities branches; the State Financial Supervision and Administration Administration of Supervision and Administration; various countries and commercial banks, China Postal Savings Bank, and various joint -stock commercial banks:

In order to implement the decision -making and deployment of the Party Central Committee and the State Council, increase the support of auto consumption finance, and promote the car consumption of the car with the old replacement, stable and expanding the car consumption, the relevant matters related to the car loan policy are as follows:

I. The highest ratio of traditional power vehicles and self -use new energy vehicle loans is independently determined by financial institutions; the maximum proportion of commercial traditional power vehicle loans is 70%, and the highest issue ratio of commercial new energy vehicle loans is 75%;The ratio is 70%.

Among them, for models that implement new energy vehicle loan policies, financial institutions can be based on the “Measures for Automobile Loan Management” (issued by the China Banking Industry Supervision and Administration Commission [2017] No. 2).The principle of prudential and risk control, refer to the implementation of the “Recommended Model of New Energy Vehicle Promotion and Application” issued by the Ministry of Industry and Information Technology.

2. Encourage financial institutions to combine the subdivided scenarios of new cars, used cars, and vehicles with old -fashioned new changes to strengthen financial products and service innovation, appropriately reduce the default damage generated by the loan in advance in the process of replacement of the old, and better support the consumer demand of reasonable automobiles.

3. Under the premise of compliance and controlling risks in accordance with laws and regulations, each financial institution combines factors such as the institution’s automotive loan investment policy, risk prevention and control, etc., according to the credit status of the borrower, the repayment ability, etc., the specific distribution ratio and term of the automotive loan distribution shall be reasonably determined by the borrower.Harmony rate; effectively strengthen the management of the entire process of car loan, strengthen pre -loan review and post -loan management, continue to improve the borrower’s credit risk assessment system and pledge value evaluation system, ensure the security of loan assets, and strictly prevent loan funds.

4. Each of the branches of the People’s Bank of China and the General Administration of Financial Supervision shall strengthen the monitoring, analysis and evaluation of the quality of the assets and institutions of automobile loan assets, and promote the steady operation of the auto loan business of financial institutions.In the specific business, various financial institutions should report major situations and problems in time and problems in time to the People’s Bank of China and its branches, the General Administration of Financial Supervision and its dispatch agencies.

The notice of this notice refers to commercial banks, rural cooperative banks, rural credit cooperatives, and non -bank financial institutions that are established in accordance with the law and approved the operating RMB loan business by the State Administration of Finance Supervision in the territory of the People’s Republic of China.

Fifth, this notice will be implemented from the date of issuance.The “Notice of the People’s Bank of China and the China Banking Industry Supervision and Administration Commission on Adjusting the Relevant Policies for Automobile Loans” (Yinfa [2017] No. 234) was abolished at the same time.

People’s Bank of China

State Administration of Finance Supervision and Administration

March 28, 2024

MLS Football Jersey