How To Make The Two-Way Flow Of RMB More Large?

Cross border financing is undoubtedly a new financing channel for the capital demand side, and also a useful attempt for domestic enterprises to adapt to the rules of the international market.

However, there are still some problems in cross border RMB loans in pilot projects, for example, the main body of the loan is too single, the loan usage is too restrictive, and the business processes are various.

The Qianhai authority has been trying to find a good way to expand the scale of cross-border RMB loans.

He Longde told our reporter that the scale of cross-border loans needs not only to stimulate the enthusiasm of Hongkong banks, but also to stimulate the enthusiasm of domestic settlement banks.

Hongkong's banks operating Renminbi can directly borrow money from Qianhai enterprises in principle, but according to the cross border loan process, there is also a domestic clearing bank.

Some banks in Hongkong also need a guarantor issued by the domestic clearing bank. If the Qianhai enterprises default, the domestic banks should bear the responsibility for breach of contract. Cross border loans will form the bank's risky assets.

The Qianhai administration has proposed that the target of cross-border RMB loans in Qianhai in 2014 is 50 billion yuan in new record and 15 billion yuan in withdrawals.

To this end, the Qianhai authority will actively use all kinds of resources to tilt the banks with good cross-border lending business and stimulate the enthusiasm of banks.

In view of the long process of long process reflected by enterprises, He Longde said that the process of coordination and simplification is being coordinated. For example, in the use of funds, the Chinese banks will check the loan according to the contract.

Is it possible to stop auditing?

stay

In terms of use restrictions, the pilot policy of Suzhou Industrial Park, which started cross-border loan business in 2014, is that cross-border RMB loans should not be used for entrusted loans other than borrowers group companies. This is obviously more artistic than the Qianhai policy, which is simply not required for entrusted loans. It is worth learning from Qianhai.

"Qianhai is still in the construction stage. Many newly registered enterprises in Qianhai do not conform to the traditional risk assessment indicators of banks. Can banks innovate in assessing risks?" Wang Feng questioned.

In fact, Qianhai's banking institutions are also considering this issue.

A state-owned bank Qianhai branch responsible person told this newspaper that it had been trying to deal with the credit rating and operation history of Qianhai enterprises, and tried to use some new indicators to measure. The plan has been actively responded by the head office.

The relevant industry associations in Hongkong and the city have applied to the regulatory authorities to expand the banks of the renminbi from Hongkong to Hongkong financial institutions, and allow non bank financial institutions such as Hongkong insurance companies and investment banks to issue cross-border RMB loans.

There are difficulties and confidence in the pilot.

The head of the Qianhai branch of the Construction Bank said that now, how to use the low cost funds in Qianhai is a little narrow, and the actual funds from abroad are still relatively small.

But Qianhai is a breakthrough for capital flow under the capital terms. It is blessed with unique conditions. It is gradually opened up, and opportunities are always left to those who are prepared.