Banks in Guangdong have provided 1.21 trillion yuan in credit to 1,929 "white-listed" projects.
According to the Guangdong Financial Supervision Bureau, the bureau will strengthen risk prevention and control in the real estate sector by 2025, guide financial institutions to implement the "white list" and "sixteen financial policies", and within its jurisdiction, banks have provided credit of 1.2123 trillion RMB for 1929 "white list" projects, with a landing amount of 911.9 billion RMB. The number of projects, credit amount, and landing amount rank first in the country. Banks within its jurisdiction have provided credit of over 1 trillion RMB for the "Three Major Projects", with a landing amount of 411.2 billion RMB. Among them, a special loan balance of 391.8 billion RMB has been provided for 116 urban village renovation projects, ranking first in the country in terms of investment amount.
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