Under normal circumstances, BOC consumer finance has two repayment methods. In other words, there are two repayment methods: one-time repayment of principal and interest and monthly repayment of due principal.
BOC Consumer Finance Co., Ltd. was formally established in Shanghai on June 20 12 10, and was jointly funded by Bank of China, An Baili Group and Shanghai Lujiazui Financial Development Co., Ltd.
20 19 1.9, BOC consumer finance won the top 50 Hurun New Finance on 20 19.
company profile
20 10 65438+ 10 On October 6th, the first batch of consumer finance companies in China was approved by the China Banking Regulatory Commission, and BOC Consumer Finance Company was formally established.
company profile
In August 2009, China Banking Regulatory Commission issued the Measures for the Administration of Pilot Consumer Finance Companies, which officially started the pilot examination and approval of consumer finance companies, and decided to approve 1 institutions in Beijing, Tianjin, Shanghai and Chengdu to conduct pilot projects first. However, the final result shows that Tianjin has not been approved for construction. The first batch of three license photos approved to set up consumer finance companies were sent to Shanghai, Beijing and Chengdu respectively.
detailed information
The registered capital of BOC Consumer Finance Company is planned to be 500 million yuan, of which China Bank contributes 255 million yuan, accounting for 565,438+0%; An Baili Group invested 654.38+0.5 billion yuan, accounting for 30%; Lujiazui Financial Development Holding Company contributed 95 million yuan, accounting for 65,438+09%.
come to the point
According to the Measures for the Pilot Management of Consumer Finance Companies, consumer finance companies are "non-bank financial institutions that do not absorb public deposits and provide loans for consumption purposes for individual residents in China on the principle of small amount and dispersion". Consumer finance companies mainly provide loans for consumption purposes for individual residents, such as purchasing durable consumer goods such as household appliances and electronic products, and personal and family travel, wedding, education and decoration, but do not include mortgage loans and car loans.
affect
The Financial Bureau of Pudong New Area said that the approval of the establishment of consumer finance companies is a major breakthrough in promoting financial innovation in Pudong, which is conducive to improving the financial institution system, further expanding consumption, giving play to the supporting role of finance in transforming the development mode, and is of great significance for Pudong to build a core functional area of a financial center.
Honor record
20 19 1.9, BOC consumer finance won the top 50 Hurun New Finance on 20 19.
In June 2020, it was 5438+ 10, and was selected as the top 50 Hurun New Finance in 2020.