129773184465156250_164Hexun homepage established mobile phone version of the stock/fund micro-blogging news blog news study on trust trust trust company news right to view trust thematic equity trust securities trust loan trustBenefit trust hexun gather hexun.com mix use mix investment trust > body font size print RSS March 26, 2012 from: money week author: Ji Xin industry believes, in a large number of letters of creditBusiness payments, some true trading background does not exist, and only a modified form of the ordinary loan money week journalists Ji Xin ban/supervision can often become the most direct financial institution innovation dynamics (310,328, funds), I do not know is not something to be happy about. After tightening Banking Bill business supervision, had been maintainedLow profile attitude of domestic letters of credit, is becoming an instrument of the rapid development of alternative, surge in traffic.
At the same time, because Bill was the urgent need to halt these operations select the new investment trust companies, will also look here at this time, credit the trust quietly on stage.
This is a new direction. Trust products debut in the credit, banking turn in roomProperty trust encountered cash crisis looming, mines trust risk when trust again after half a year of explosive growth bills blocked by CBRC emergency stop.
This means that trust company several major products are subject to some degree of control, next business development became an urgent need for answers to difficult problems. Recently appeared on the market-linked domestic letter of creditTrust, trust is considered to be instruments of the latest alias. Chang-an international trust issue "Yue-series collection of 2nd right to financial benefits, investment funds trust scheme", set up a scale of $ 48.02 million investment for 3 years, starting from 1 million, yields 6.3%, area of investment for bank letter of credit right in proceeds, China CITIC Bank (601
tera gold,998, unit) underwriting.After the product was formally established on February 9 this year, has been established in four days after another series of "Yue 6th series," set up a scale of $ 118.3 million, increased yields, is 6.7%. Specific modes of operation, Chang-an international issue collection trust, bought rights to transfer the letter of credit receipts and transfers to the CITIC Bank, BankTrust plans to sell to a customer, and the Bank is responsible for domestic letters of credit, inspection and due notice of subsidiary documents, payment receipt, transfers and agent basis.
Raised funds equivalent to finance trade advances, after several months, corresponds to the usufruct expires, the collection of China CITIC bank money directly into a trust account. It is understood that the series will have 6Product release, but only has 2 public information, this is the first credit of trust plans to appear on the market, while more than call the trust company and so far no other follow up release.
China CITIC Bank Customer Manager, the product is only for part of the high-end customers to raise, not each dot can be assigned to the share issue raised and it was good. Serving ChinaRun weekly reporter said some people in the industry to financial management of the trust, paper products after they have been controlled, many trust companies are to study the Bank among other business, looking for cooperation in space, such as letters of credit, guarantees, but most are still in the research phase, a relatively new business. "Chang an trust this product to everyone, was also innovative progressOf significance. "But there are many people on the letter of credit did not trust the future promising, a trust company officials in Beijing believed that do this kind of business is trust, but make" change ", letters of credit, deadlines, and Bill similar to trust the trust structure, simple operation, low-risk," do it well ", but after all there is not much profit space
tera gold,To operate the power is not strong, and "letters of credit of the total fund size is smaller than the paper a lot." Reporters got a report from Chang an international letter of credit of trust trust in business training materials displayed, general rate structure of the trust arrangement for the letter of credit: reward for the trust funds of the trust 0.5%/years, 0.05%/years of banking custody fees for trust funds, silverAgent charge paid to the Trust Fund of the 0.6%, the rate is not fixed, change as the market adjusted. These people also believe that financing from the Banking Regulatory Commission halted paper class product as can be seen, regulators for banks ' off-balance sheet business risk control, continues to strengthen, so credit is hard to trust products appear as Bill spurt of product growth, onceBatch appeared, estimates are not far from was halted.
Not only trust companies, Bank-linked instruments, financial products also received a regulatory ban and also became an important alternative is the subject of the letter of credit. Bohai Bank Tianjin Branch of an account manager told financial weekly reporter, the Bank recently linked to the release of a higher-yielding financial products is the subject of the domestic letter of creditThe right in proceeds. "After the Bills can't do it, this is the lowest risk and high return of products, transfer of usufruct is our line of their enterprise customers, air control is very strict. "The banking Guild Wars credits transfer to other use credit course, trust and wealth management products debut market, premise is that the pace of development and constantly improve credit business。
Loan deadline capping, forced to pay these off-balance sheet business banking credit important occult practices. CITIC Securities (600,030, unit) said in a research report, last year at the end of four quarters pay strong up 400 billion ~5000 million; as of mid-February, is expected to pay nearly 1 trillion in total, total loansAbout 2%.
So speeding development attracted the close attention of regulatory, one bank industry confirmed that the regulator stepping up on behalf of the business review, beginning of requiring banks to report Bill pay scale of business and non-Bill pay-scale, mode of operations
diablo 3 power leveling, counterparties, and the high growth business banks issued a warning letter. However, journalistSolutions to, at present was to rein in the Bill pay service only, other categories remained private, such as domestic letter of credit payments. Today, the business not just trade settlement of letter of credit means, also a "flexible" way of financing. And bank acceptance bills similar to the domestic letter of credit in the context of real commodity transactions, into the scope of credit by a Bank, and to pay aPercentage of margin. Since the third quarter of 2011, with the discount rate high, and then bills the trust be regulatory control, bank acceptance bills businesses starting to cool.
Also have the function of increasing the size of margin deposits and loans become unlawfully at large as the domestic letter of credit business are of great concern. It is understood that the discounted General than 10%, and onceRose to 13%~14% compared to the level of interest rates, domestic letter of credit financing of costs generally at around 8% per cent, more acceptable to the company. For banks, domestic letter of credit is a pay service, does not take the credit, minimum security deposit is also relatively high. Although tedious process many, banks will be happy to operate. In addition, circulation of acceptance outside the banking system, There is a degree of fraud risk and credit transfer within the Bank system, relatively safe.
Current lines of credit deposit ratio between 40%~50%, slightly higher than acceptance. Driven by this, started in the second half of last year, many banks pay the business have seen explosive growth, especially private financing needs of Jiangsu and Zhejiang. PuyiWealth Fan Jie, a researcher at introduction, such as CITIC Bank, Shenzhen Development Bank (000001, unit) banks, joint-stock banks have in recent years stepped up efforts to expand domestic letter of credit business. The industry believes, by occult letters of credit lending is expanding, in a large number of letters of credit in the payments business, some may be true trading background does not exist, and onlyDisguise of ordinary loans. Via channels such as trusts should also attach considerable importance to financial innovation, credit control may encounter serious distortion.
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