People's Bank of China and China Banking Regulatory Commission, Measures for the Administration of Loans for Development of Economically Affordable Residential Premises

中国人民银行、中国银行业监督管理委员会经济适用住房开发贷款管理办法

More banks are allowed to provide loans for the development of economically affordable residential premises.

2 minute readMarch 12, 2008 at 12:58 AM
By
clpstaff
& clp articles

Promulgated: January 18 2008

Effective: 30 days after the date of promulgation

Interpreting Authorities: People's Bank of China (PBOC) and China Banking Regulatory Commission

Applicability: The term “loans for development of economically affordable residential premises” refers to loans granted to borrowers that are used specifically for projects of developing and building economically affordable residential premises (Article 2)

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