Consumer Finance and Non-banking Financial Institutions Working Group Position Paper 2020/2021 - 消费金融与非银行金融机构工作组建议书2020/2021 Go back »

  • Published on:
    2020-09-10
  • Category:
    Position Paper
  • by:
    Non-Banking Financial Institutions (Sub-working Group) Working Group / Forum
  • Keywords:

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The Consumer Finance and Non-banking Financial Institutions (NBFIs) Working Group was established in 2008. It includes leading European consumer finance specialists who operate consumer finance companies (CFCs), auto finance companies (AFCs), small loan companies and other entities engaged in consumer finance services in cooperation with third parties (e.g. guarantee companies) in China. As of 2020, the working group also includes financial leasing companies and equipment leasing companies. This working group reflects the importance attached to the emerging consumer finance and leasing industry in China, its relevance to the State Council’s major policy objectives and the attention European players pay to this agenda.

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