For the news that the bank's property prices require customers to repay the loan (Call Loan) in advance, the Hong Kong HKMA responded that banks would not just pay back to the loan because of the decline in property prices.
Comprehensive Ming Pao Finance and Zhitong Finance on Wednesday (February 21) reported that Ruan Guoheng, vice president of the Hong Kong Monetary Administration, said that the government had issued a letter to the bank at the end of last year, reiterating that it should not be recovered due to the decline in property prices alone.loan.
Ruan Guoheng said that banks have social functions, and now Hong Kong's economic recovery is not strong. It is expected that banks can humanize cases humanely, but they cannot go to another extreme.It is wrong, banks need to manage risks, and regulators must also ensure the interests of bank deposits.
The Assistant President of the HKMA (Bank Supervision) Chen Jinghong added that when the bank reviews the credit quota of SMEs each year, sometimes the credit quota is reduced due to its fiscal situation.There are not many related cases and found that there are not many cases.
Chen Jinghong said that there is a case that when a mortgage loan was carried out in the past, the loan and valuation ratio of the borrowed by the bank exceeded the regulatory requirements. This kind of situation was a very few cases.If these cases are discovered, the bank will remind the bank that the bank will communicate with customers and ask customers to repay some loans.
He added that if this happens, the bank will give customers full time. If necessary, it can discuss with customers how to deal with it.
