Reported about 1 year ago
The Ministry of Finance has urged public banks to enhance post-loan management for credits in Hsin Ching An, including housing loans, land purchase loans, and green energy loans, to prevent possible misuse contributing to rising housing prices. Measures discussed in a routine meeting include verifying high-risk applicants, strengthening pre-loan agreements, monitoring post-loan management, and preventing fraudulent activities like transferring properties.
Source: YAHOO