Several banks in Nantong, Jiangsu reduced the down payment ratio of housing loans by 20%

According to Zhongxin Jingwei, Industrial And Commercial Bank Of China Limited(601398) , Agricultural Bank Of China Limited(601288) , Bank Of China Limited(601988) , China Construction Bank Corporation(601939) , Bank Of Jiangsu Co.Ltd(600919) are located in relevant outlets in Nantong City, Jiangsu Province. The five banks have reduced the down payment ratio of individual housing loans in the city, and the down payment ratio of home buyers who buy houses for the first time and apply for housing loans for the first time has decreased from the previous lowest 30% to the lowest 20%. However, some outlets said that the qualification requirements for applying for a 20% down payment were higher than those for house buyers.