Facing the debt-ridden steel trade business groups, Banks have their recovering losses, recently, many Banks in fujian membership steel trade and business credit card users, overdue relief on the interest of various preferential policies, fine for delaying payment.

The personage inside course of study points out, the bank reflects the evaluation of pressure, but now steel trade business is generally lack of reimbursement ability, can achieve the purpose of the bank also said in two. It is reported in addition to credit card within the time limit, at present this group of fujian steel trade also faces a lot of credit, deterioration of trade crisis has caused Banks and steel steel trade business lose-lose situation, its legacy will continue.

Minsheng bank policy of "eighty percent discount" to express

On May 28, steel trade of fujian's announcement - zhou ning business representatives of chamber of commerce Shanghai chamber of commerce, said the current minsheng bank Shanghai branch in fujian zhou ning preferential credit card overdraft overdue customers reimbursement policy, "to deal with the principal of only 80%, apply to the head office for the rest of the amount by credit card of bank of the people's livelihood department breaks".

The announcement also said that the preferential time by the end of June, 2014, starting in July will no longer enjoy the preferential policy, "the opportunity is rare, don't miss", "preferential strength is so great that this year will be difficult to launch similar policy".

Reported that zhou ning Shanghai chamber of commerce is fujian steel trade business one of the most representative of chamber of commerce, the chamber of commerce was founded in 1996, in financing, mutual aid, unicom companies and Banks, government, and guard against financial risk, etc., to promote the development of fujian zhou ning cadastral steel trade, has played a huge role.

"Bank this way of handling a rare", the Beijing municipal AnHeng Sun Kui (Shanghai) law firm lawyers to netease finance said, but this kind of behavior belongs to the bank's own business activities, is a way to reduce the loss, from a legal point of view, is legal compliance, "the bank has the right to decide their own management policy".

In general, for credit card overdue user, the bank can take stronger coping methods. According to China's relevant laws, credit card holders for the purpose of illegal possession, the malicious overdraft, shall be investigated for criminal responsibility, in accordance with the provisions, by credit card crime of fraud of the convicted and punished.

Credit card late even can constitute a criminal offence, the bank can apply for to overdue credit card users reported detained. And Banks also did have similar processing, according to media reports, the steel trade crisis, with 80% of fujian zhou ning steel trade business bankrupt or insolvent, and wanted more than 700 people, more than 300 people in prison, severely tens of thousands of credit card overdraft.

"For years, yet still (steel trade business), must be son sonz was breaking fell", "even if it's no use being caught, their debts are serial, all set in" the nishimoto Shinkansen, a senior researcher at Qiu Yuecheng truth to this, even the bank issued credit CARDS preferential policies, exceed the time limit of the steel trade business generally lack the ability to repay, smooth reimbursement also said in two.

Surprisingly, minsheng bank the "eighty percent" reimbursement preferential policies, more preferential "overweight" is actually done six months ago. In December last year, zhou ning Shanghai chamber of commerce issued announcement, minsheng bank of steel trade, overdue credit card users are given preferential treatment scheme, including late fees and interest free; One-time payment, discount, Can be divided into 3 years waiting for.

However, the incident after media reports, zhou ning quickly removed the announcement of Shanghai chamber of commerce. Ningde city chamber of commerce in Shanghai on netease finance, minsheng bank has canceled the "eighty percent" of preferential policies, the reason is not very understanding, whether late will launch is uncertain. Minsheng bank people, said by telephone not clear this piece of business.

Many Banks cut steel trade credit card XiFei

Another caveat is that the people in the chamber of commerce, said the Shanghai pudong development bank, Shanghai bank of fujian steel trade and business credit card overdraft overdue customers, offer the corresponding reduction of late fees and interest of preferential payment conditions are still in the execution.

According to zhou ning Shanghai chamber of commerce recently issued announcement, the Shanghai bank's policy is, repayment willingness and repayment agreement signed with the bank, can enjoy free fine for delaying payment, reduction part of interest rate policy.

And Shanghai pudong development bank credit card center also negotiate with the chamber of commerce, to reach consensus on credit card payments are schemes, in installment reimbursement to relief XiFei accordingly. In addition, guangdong development bank has to overdue in July last year, a zhou ning steel trade customers developed stage reduction plan, but how much in installment payment periods, the first payments and how much interest relief after the agreement comes into effect, concrete plans need to interview.

It is reported that fujian province steel trade business with bank of repayment preferential policy generally by the chamber of commerce and the bank. Interestingly, for credit card within the time limit of steel trade, the phenomenon of traders were caught, zhou ning Shanghai chamber of commerce was specially organized "credit card overdraft risk prevention and response" seminar.

Recently, the chamber of commerce also "share" the credit card malicious overdraft caught emergency response measures, the measures from lawyers will specially dealing with such cases methods and steps of system arrangement, such as questioning orgnaization of a police officer, bank, determine attitude towards each other, how to obtain a guarantor pending trial, etc.

The way to share the experience has shown that "many are being caught out now, across online wanted, because the card is much, was caught has never been clear status", "is money only has the possibility to obtain a guarantor pending trial, first make good money, at least the principal to do good", "after the money also is must have the effect, at least 30% reduction on the criterions for the conviction. Assuming that a year, reduced the 4 months or so. Can also, relatives and friends can help you still want to help as much as possible".

"Bank that is holding back is a bit of mentality", zhang Lin, an analyst at Lange steel net to comment. To netease finance and economics at the same time she points out that bank preferential policy was introduced in this point in time, also reflects the half year appraisal.

Data show that by the end of march, minsheng bank group non-performing loan ratio of 0.87%, 0.02% higher than last. Citic bank disclosed in January, the shareholders meeting examined and approved the bank 2013 annual quota increase of 3.2 billion yuan of bad assets cancel after verification of bill, after the adjustment of bad assets verification lines leap from the original 2 billion yuan to 2 billion yuan.

Citic bank President zhu huang, according to new non-performing assets is mainly formed steel trade industry between 2011 and 2013 of non-performing loans, one of the most prominent is Shanghai steel trade.

Data show that in 2013 China banking non-performing loan balance of 1.18 trillion yuan, more than at the beginning of that year an increase of 101.6 billion yuan, the non-performing loan ratio of 1.49%. Look from the region and industry distribution, bad loan balance of jiangsu and zhejiang area, most manufacturing and wholesale and retail.

Lose-lose situation crisis sequelae

Bank credit card exceed the time limit to implement preferential policies of the steel trade suppliers, from steel trade crisis hangover from the last. Learned, affected by the steel trade crisis, some failing steel trade enterprises started in 2013 with a personal credit card to repay bank loans and private lending interest, leading to a lot of credit card of bank of exceed the time limit.

It is thirty years hedong hexi thirty years. For steel trade business the capital-intensive group, campaigned for big bank credit card business, steel trade before the crisis in 2009, a piece of fujian id represents can get millions of loans, and steel trade, the boss and their family members, relatives, or even employees can easily get a quota of hundreds of thousands or even millions of credit card.

And over the years with continuous fermentation steel trade crisis, operating as a "coinsurance mutual insurance" steel trade of fujian business impact is serious, experienced during steel trade boss run, enterprise capital chain rupture failures, a number of steel trade, bosses face lawsuits, hundreds of fujian steel trade business card overdue caught and a series of events.

Steel trade area repeat pledge rules such as the bursting of the bubble is the direct cause of steel trade crisis, but there are also when in steel trade, accused bank lending threshold is low, a large amount of lending after enjoy the high return of steel trade, suppliers, and cause the coinsurance mutual insurance mode expansion, and once appear problem is immediately "turned" suspension ShouDai, let whole industry crisis, there are a lot of high quality steel trade enterprises are affected, paralyzed.

"Even now away 20% of the principal, some Banks in the past in the steel trade to earn interest and charges, is probably not kui", the personage inside course of study points out.

The question now is, in addition to the credit card was wanted, or being detained at the expiration of steel trade, this group faces and the bank of a large number of litigation, the steel trade crisis aftermath still is expected to last.

Last year, according to notice before the court in Shanghai, Shanghai received on steel trade finance about 3700 cases of commercial disputes, increased 5.5 times, cognizance standard amount of 23 billion yuan, an increase of 3.4 times.

Shanghai court net, according to data from June 3, 2013 solstice on September 16, known as the "Shanghai steel trade king" chairman xiao home keep of Shanghai songjiang steel city, involving hundreds of up and Banks "financial loan contract dispute", including the minsheng bank, industrial and commercial bank, huaxia bank, industrial bank, ping an bank, guangdong development bank, branch, and Shanghai songjiang town of the people's livelihood bank.

The personage inside course of study says, steel trade since the crisis, Banks and steel trading business is a lose-lose situation, on the one hand is the steel trade, there is a repeated the pledge, and now the Banks for credit card overdue steel trade business case the detained, or walk through court litigation process, have been unable to ensure smooth handling this part of the bad debts, "a lot of steel trade, have no ability to repay".