Wu Xiaoling: Do not step on the illegal fund-raising for all loan-red article Source: Sina Finance ?? Nov. 8 news, today NPC Financial and Economic Committee, vice chairman Chang Wu Xiaoling forum in Sina said that for the current popular network 'Everyone loans' mode, should be eva wigs careful exploration, beware become illegal raising danger to society. But she also pointed out that microfinance as a major field of micro-finance, and should be encouraged to write off bad debts by decentralized autonomous, temporary incentives and other ways to institutionalize. Beware of all mortgage lending platform network for illegal fund-raising in recent years have sought, as 'China's most stringent network lending platform,' ha ha loan is closed, so that the risk of exposure of all the loan begins.
Last August 25, the CBRC issued the 'China Banking Regulatory Commission Notice on all loan-related risks prompt notice' (Yin Jian Ban Fa [2011] No. 254) a document requiring banking institutions to establish 'Everyone loan' the agency firewall between prevent 'all loans' the agency help lenders to obtain funds from the bank for private lending. Today, Chang Wu Xiaoling on forum pointed out that the loan intermediary symbol of a loan contracted directly between the parties. But some loans companies all typical approach is the agency in its own name out loans, the borrower is a natural person, from a legal point of view the two natural contract, but the agency to a natural person to loans sold, while debt service commitments in a given period, at your own risk. And this pattern, it is the Supreme Court definition of illegal fund-raising, so the popular network 'Everyone loans' mode, should be careful exploration, beware become illegal fund-raising danger to society. Microcredit should cover the benchmark interest rate risk Wu pointed out that microfinance including microcredit, microinsurance, deposits and settlement for the poor and low-income people in small and micro enterprises in financial services, which are the main areas of microfinance. For small loan institutions, commercial and sustainable conditions is the occasion to cover interest rate risk and a correct understanding of the high interest rates. The current high interest rates for small loans institutions have a lot of criticism, micro-credit secured loans because there is government subsidized, it does not allow interest rates go up. But Wu believes that this is going to talk to interest rates than traditional banks, microfinance interest rates should in fact there is a difference, the frame of reference should be usury. 'Without Cosplay Costumes microcredit, ordinary people can go to seek loan sharks. The first loan can be a small amount, high interest rates, along with the amount then gradually enlarged, interest rates lower.
Microfinance companies should be able to use interest rates to cover the risk.' She inuyasha wigs noted that the bank should have the autonomy to write off loans. 'Now for the bad debts finds no autonomy financial institution, the bank should have the right to use a high-interest loans to wash away the risk has occurred, get the normal interest rates of financial institutions, so that the bank will actively make microfinance a. As long as resolve One problem, these markets can be developed. 'temporary policy recommendations to institutionalize Wu also suggested that the development of the GSP for the microfinance policy guidance, based microfinance institutions to give tax breaks or incentives, will present some of the policies institutionalized.
Currently, regulators microcredit loan ratio assessment, capital adequacy ratio and NPL ratio calculation tolerance policy aspects given special; moreover finance in terms of revenue, loss provisioning, administrative fees, also have concessions. However, the continuation of these policies, but also the longest 2015. Wu believes that they should be institutionalized interim policy, and the establishment of the Government of wholesale funds, loans for small nonprofit organizations for financial support. She also suggested that given the status of a non-public company microfinance non-deposit financial institutions, the establishment of local financial regulators, given the legal status of nonprofit Foundation microfinance institutions, improve governance. (Jie Lin from Beijing) Special Links:? Yixin: everyone should sample letter pattern loans where the risk? Jiangnan cynical: Talk Yixin mode Ma Weihua: net bank lending is the tendency to transform the American people credit: challenge traditional bank 'Entrepreneur': P2P lending company is also a pioneer martyrs?