Jilin Province adjusts the minimum down payment ratio for commercial property loans.
The People's Bank of China Jilin Branch has announced the adjustment of the minimum down payment ratio for commercial property loans in Jilin Province: starting from today, the minimum down payment ratio for commercial property loans in various cities in Jilin Province is adjusted to not less than 30%. Based on this, various banking institutions may, in accordance with marketization and the rule of law, combine their own commercial property loan issuance policies, risk control requirements, and the credit condition and repayment ability of borrowers, to reasonably determine the specific down payment ratio for commercial property loans.
Latest

