Regulators punished to guarantee company pulled high store

mulberry bags Part of the bank regulators have received by the risk prevention work notice. Notice to put forward, the financial institutions should alert the recent network lending, folk lending and small loan companies, such as the risk of field highlight, banking financial institutions to build on a firewall. This personage said: "on the part of financing guarantee companies and microfinance company is engaged in the store and usury referring to embrace illegal activities such as, regulators will severely punished mulberry handbags."

The sources said, regulators also on alert "guarantee the mess" to financing guarantee industry, has spread speed up the process, intensify, reasonable classification, mainly to solve, establish disposal plan. Regulators would as soon as possible the financing guarantee company engaged in the illegal absorb deposits and illegal fund-raising and usury illegal problems, such as actively prepared to fight and disposal of raising funds illegally the related work alexa mulberry.

The most popular folk financing of wenzhou, for example, according to clsa folk lending research report says, wenzhou folk outstanding mortgages of about 800 billion yuan, because some local enterprise began to bankruptcy, estimated this year 10%-15% of the outstanding loan will become bad loans mulberry factory shop.