The bank said it firmly believes in the growth story of housing finance and will continue to support businesses and their management in implementing growth plans.
Illegal financing is a kind of financing without the approval of relevant departments. The interest of private loans is more than four times that of bank loans in the same period, which is not protected by law.
The only way to finance real estate development is to sell commercial housing in advance. The difference between legal and illegal is: whether the license for commercial housing pre-sale has been obtained, it is legal if it has been obtained, and illegal if it has not been obtained.