Such cooperation terrorize entrust loan

"When the periodicals in financial products sell red-hot suddenly be interrupted, but Banks soon find countermeasures, in the CBRC ordered the periodicals cooperation financial products shall not invest in issuing bank's loan, commercial Banks will take between Banks to issue pattern." A bank official said.

2010 in August, CBRC issued the regulating financial cooperation business matters related to the periodicals, notice of such provisions, financing business and financial cooperation business periodicals proportion shall be not less than 30% balance, the requirement of trust companies do business surviving subsequent management, also requires commercial Banks in before the end of 2011 will turn into the periodicals cooperation off-balance-sheet activities within a table, and provision for the corresponding provision and capital.

Although from the document see hasn't completely prohibited such co-operation, but because from deadline, scale, structure, re-establishing, financial 5 respects such as constraint in the future of the periodicals cooperation, credit the issuance of financial product is restricted.

"Every time about the periodicals cooperation regulatory policies, just came out of the commercial Banks of influence is still very big, but after a period of Banks also begin to actively seek countermeasures." A bank money tube department sources told our correspondent.

"Business still is doing, just noticing the financing of financial cooperation business periodicals shall not be higher than the balance account for more than 30%, while bank also during develop 100.8 sets trust." The above bank official said.

In custody, the CBRC punch periodicals cooperation scale fell back quickly. According to the latest figures show that the periodicals cooperation scale from 2010 July 56.60 trillion yuan down to end 1.66 trillion yuan, including financing class trust business reach 1.07 trillion yuan, accounting for ratio reaches 66.52%, partly the CBRC urged from table to table the assets within the sentinel plants.

"From the periodicals financial product is commonly one-year within a large part of the short-term products, will be in the first half of this year the natural expires, does not exist turn table problem." The official said.

But the reporter understands, in such cooperation channels are blocked, existing Banks began to bypass trust company, conduct financial entrust loan business. Specific operating mode is spilling financial planning for the trustor, and branch is the trustee issuing entrust loan, with no trust company's participation, equivalent to bypass the CBRC relevant periodicals cooperation regulation.

"This is actually the periodicals regulatory policies for new and innovative development of new products, mutton dressed as lamb." A personage inside course of study told reporters.

"So in the supervision of commodities, Banks layer under the background of deposit tight in not occupy bank capital lead both poundage income, on the other hand in the credit increasingly tightens circumstances, can help some customers especially some big client, superior customer solve financing issues, thus maintain customer relationship," he said.