What is entrusted loan? Public Offering of Fund products can be sold in multiple banking channels.
Second, is it illegal to buy a fund by loan?
Although it is not illegal to buy a fund by loan, it is illegal. The regulatory authorities have clearly stipulated that bank credit funds are not allowed to flow into the securities market in violation of regulations. Once the act of buying a fund with a loan is discovered by the bank, the loan will be recovered immediately. Not only that, the installment business of other loans or credit cards under the user name will also be cancelled, and the amortization principal and installment fee of the remaining installments need to be settled immediately. What materials do I need to apply for provident fund loans? 1, the deposit certificate of the applicant's and spouse's housing provident fund; 2. Identification certificates of the applicant and his spouse; 3. Proof of stable family income; 4, the purchase of housing contracts, agreements and other valid documents; 5. Collateral used for guarantee; 6. The provident fund center requires a third-party guarantor as a guarantee; 7. Other information required by the Provident Fund Center. Legal basis: Article 36 of the Law of People's Republic of China (PRC) Commercial Bank, when a commercial bank lends money, the borrower shall provide a guarantee. Commercial banks should strictly examine the repayment ability of guarantors, the ownership and value of collateral, and the feasibility of realizing collateral. After examination and evaluation by a commercial bank, it is confirmed that the borrower has a good credit standing and can repay the loan, and no guarantee may be provided. Article 39 A commercial bank shall abide by the following provisions on the management of asset-liability ratio when issuing loans: (1) The capital adequacy ratio shall not be less than 8%; (2) The ratio of the balance of current assets to the balance of current liabilities shall not be less than 25%. (3) The ratio of the loan balance to the capital balance of a commercial bank to the same borrower shall not exceed 10%. (4) Other provisions of the State Council Banking Regulatory Authority on the management of asset-liability ratio. If the asset-liability ratio of a commercial bank established before the implementation of this law does not meet the provisions of the preceding paragraph after the implementation of this law, it shall meet the provisions of the preceding paragraph within a certain period of time. Specific measures shall be formulated by the State Council.
3. Is it true that China Everbright Bank and China Foundation for Poverty Alleviation have launched a business called: competitive loans for poverty alleviation funds, which can be done by a batch of 6.5438+0.2 million?
It's not true, and it's suspicious to take the initiative to mention the idea of black households and white households. Since it is China Everbright Bank, it is safest for you to call the official number of China Everbright Bank.
4. Is it legal for a fund to have multiple entrusted banks?
Hello, this is not allowed.
It is reported in the market that private fund managers' investment in non-standardized creditor's rights, granting entrusted loans or providing guarantees, and engaging in unlimited liability investment may be considered prohibited by the regulatory authorities in the new framework of private placement supervision.
20 15, 1 June, 2008, the CBRC issued the fourth paragraph of Article 11 of the Administrative Measures for Entrusted Loans of Commercial Banks (Draft for Comment), which also prohibited private equity funds from acting as principals of entrusted loans. If the exposure draft comes into effect, the way for debt-based private equity funds to issue entrusted loans will be blocked. It can be seen that the regulatory authorities have long been determined to suspend the non-standard credit business entrusted by private equity funds.