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First Foreign-Invested Consumer Finance Company Settled in Tianjin

First Foreign-Invested Consumer Finance Company Settled in Tianjin

Write: Somerled [2011-05-20]
It was known by the reporter from Tianjin Municipal Government Services Office that China Banking Regulatory Commission recently approved the nationwide first foreign-invested consumer finance company-Home Credit Consumer Finance (China) Corporation to be set up in Tianjin.
The businesses of Home Credit PPF Group-shareholder approved to set up the consumer finance company cover such areas as consumer finance, insurance and retail bank, with the assets exceeding EUR11b and internationally advanced management systems, professional management team and advanced operation idea.