本报记者 陈莹莹

Our correspondent ChenYingYing

　　实习记者 周景萍

ZhouJingPing practice reporter

　　银监会主席尚福林日前指出，坚决贯彻国家房地产市场调控政策，严格控制过热地区和高负债房地产企业贷款规模。与此同时，下半年银监会将支持中低价位、中小套型普通商品房建设，优先办理居民家庭首套真实自住购房按揭贷款。专家认为，银监会实际上是采取差别化的个人住房贷款政策，刚需购房者将进一步受益。

Banking regulatory commission chairman he recently noted，Firmly implement the national real estate market adjustment and control policies，Strict control overheating areas and high debt real estate enterprise the size of the loan。At the same time，The second half will support the CBRC low price、Small-scale common commodity house construction，The first priority for households set of real self living buys a room to mortgage loan。Experts say，Banking regulatory commission (CBRC) is actually take differentiation of individual housing loan policy，Just need the person that buy a house will further benefit。

　　房贷有保有压 Mortgages have keep pressure

　　尚福林表示，银监会将积极支持保障房等合理住房信贷需求，重点支持以省级平台为主开展的公租房、廉租房、棚改房等三类保障房建设，支持中低价位、中小套型普通商品房建设，优先办理居民家庭首套真实自住购房按揭贷款。

He says，Banking regulator will actively support security room and so on the reasonable housing credit demand，Key support to the provincial platform for male mainly rent、Low-cost housing、PengGai room and so on three kinds of security room construction，Support low price、Small-scale common commodity house construction，The first priority for households set of real self living buys a room to mortgage loan。

　　社科院金融所金融市场研究室副主任尹中立认为，在当前坚持房地产宏观调控过程中，社会公众对信贷领域的两方面政策极为关注：一是限贷政策，即第二套、第三套不应获得银行贷款，或者至少在贷款条件方面更为严格；二是房地产开发企业的贷款政策，即房地产开发贷款、房地产信托融资到底是继续收紧还是有所放松。“毫无疑问，银监会重申了要从严控制房地产信贷和房地产信托融资。”

Academy of the financial market research financial, deputy director of the YinZhongLi think，In the current insist on real estate in the process of macroeconomic regulation，The social public to credit the two aspects of policy field was concerned：One is the limit credit policy，Namely the second set of、The third set of should not get bank loans，Or at least in terms of loans more strict；2 it is real estate development enterprise lending policies，That is the real estate development loan、Real estate trust financing is it to continue tightening is a relaxed。“There is no doubt that，Banking regulatory commission reiterated to strictly control the real estate credit and real estate trust financing。”

　　由此表明，银监会实际上是采取差别化的个人住房贷款政策，刚需购房者将进一步受益。“也就是说，不光是一味打压，而是"有保有压"。"保"的是自住、首套的刚性需求，"压"的是市场上的投机需求，这才是行之有效的信贷政策。”尹中立认为。

This shows that，Banking regulatory commission (CBRC) is actually take differentiation of individual housing loan policy，Just need the person that buy a house will further benefit。“That is，Not only is blindly suppressed，but"Have keep pressure"。"the"Is self living、The first set of rigidity requirements，"pressure"Is the market demand of speculation，This is the effective credit policy。”YinZhongLi think。

　　中央财经大学中国银行(601988,股吧)业研究中心主任郭田勇认为，“个人房贷，尤其是首套房贷，国家从来都没有限制过，始终都是鼓励的，实施的是一种差别性调控。”他预计，下半年差别化的房地产调控政策仍将持续，而包括房地产在内的中长期贷款在下半年会有增加。

The bank of China, the central university of finance and economics(601988,Shares it)Industry research center director guo TianYong think，“Individual mortgages，Especially the first set of mortgages，Nations never limit，Always are encouraged，The implementation is a difference regulation。”He is expected to，The second half of the differentiation of real estate control policies will continue，And real estate, including medium and long-term loans will increase in the second half。

　　多位银行业内人士预计，下半年中长期贷款将会增加。根据央行公布的数据，6月末，主要金融机构及农村合作金融机构、城市信用社、外资银行人民币房地产贷款余额11.32万亿元，同比增长10.3%，增速比上季度末高0.2个百分点。

Many bank insiders expect，The second half of medium and long-term loans will increase。According to data released by the central bank，6 month，Major financial institutions and rural cooperative financial institutions、Urban credit cooperatives、Real estate loans outstanding foreign Banks RMB 11.32 trillion yuan，Year-on-year growth of 10.3%，Growth is 0.2% higher than the quarter。

　　多渠道补充银行资本 Multi-channel added bank capital

　　尚福林还提出，下半年要加快推进银行业改革转型。结合《商业银行资本管理办法（试行）》的实施认真制定落实资本达标规划，多渠道拓宽资本补充来源，优化资产结构。

He also raised the，The second half to speed up the banking reform transformation。Combined with《Commercial bank capital management approach（trial）》The implementation of the implementation carefully made capital such plans，Multi-channel broaden capital source added，Assets structure optimization。

　　对此，尹中立认为，按照巴塞尔新资本协议的要求，当前商业银行的核心资本都需要增加，如果资产结构不作出调整，则必须通过资本市场进行融资。而目前很多上市银行股已经“破净”，如果进一步在资本市场融资，则必然加大投资者的心理压力，对银行股的影响就更加负面。因此，银行希望能够通过调整资产结构，多渠道补充资本金来源。

this，YinZhongLi think，According to the requirements of the new Basel capital accord，The current commercial bank's core capital need to increase，If the assets structure does not make adjustments，It must be through the capital markets for financing。And at present many listed bank shares have“Broken net”，If further in the capital market financing，You must increase investor psychological pressure，To bank shares more negative influence。so，Bank hopes to be able to adjust the assets structure through，Multi-channel added capital source。

　　尹中立进一步分析：“所谓调整资产结构，我认为可能会做一些资产证券化。简单来说，就是把一部分信贷资产通过市场上出售或转让，就可以在不增加资本金的情况下达到新的监管要求。”

YinZhongLi further analysis：“The so-called adjusting asset structure，I think will do some asset securitization。In simple terms，Is a part of the credit assets through the market or transfer，Can not increase in the capital of the case to a new regulatory requirements。”

　　根据信达证券发布的研究报告，下半年上市银行的资产质量压力或有反弹，但风险可控，预计增加拨备支出的压力不大。资本新规延后实施，上市银行的再融资压力有所缓解。一是资本充足率达标过渡期有6年，而且目前上市银行的资本充足率较高；二是与先前的征求意见稿相比，资本新规还有所放松。

According to the securities research report published，The second half of the listed bank asset quality pressure or rebound，But the risk control，It is forecast to rise for expenditure pressures not dial。Capital new rule to delay implementation，Listed Banks financing pressure to ease。One is the capital adequacy ratio of standard of 6 years of transition period，And so far the listed bank capital adequacy ratio is higher；2 it is with the previous drafts compared，New rules and relax the capital。