News: 2024.03.18
The Shanghai Branch of the People's Bank of China released the "2024 Shanghai Credit Policy Guidelines" last Friday (15th) to clarify the direction of Shanghai's credit policy this year. The "Guidelines" propose that this year financial institutions within their jurisdiction must actively make good use of technological innovation and...
The Shanghai Branch of the People's Bank of China recently issued the "2024 Shanghai Credit Policy Guidelines" to maintain smooth and orderly real estate financing. The guidelines clarify the direction of Shanghai's credit lending policy this year and require financial institutions to actively use technological innovation to ensure the stable development of the financial market.
According to the "Guidelines", financial institutions within their jurisdiction should actively make good use of technological innovation this year to improve the efficiency and quality of financial services. Through technological means, financial institutions can better meet customers' credit needs, while reducing risks and promoting the healthy development of the financial market.
In addition to promoting technological innovation, the guidelines also emphasize the importance of risk management and control. Financial institutions should strengthen the monitoring and management of credit risks to prevent the occurrence of risks and ensure the stable operation of the financial system. This will help maintain the stability and healthy development of financial markets.
By maintaining stable and orderly real estate financing and strengthening technological innovation and risk management and control, the Shanghai Branch of the People's Bank of China is committed to promoting the healthy development of the financial market. This will provide stable financial support for Shanghai's economic development and promote sustained economic growth.