Bank of Beijing Consumer Finance Co., Ltd., a well-known consumer financial service brand, is a consumer finance platform initiated and established by Bank of Beijing, which is a non-bank financial institution that provides loans for consumption purposes for residents and individuals in China

Introduction to consumer finance companies

A consumer finance company refers to a non-bank financial institution established within the territory of the People's Republic of China with the approval of the China Banking Regulatory Commission, which does not absorb deposits from the public and provides loans for consumption purposes to residents and individuals in China on the principle of small amounts and decentralization.

Features of consumer finance companies

Consumer finance companies have unique advantages such as small single credit line, fast approval speed, no mortgage guarantee, flexible service methods, and short loan terms.

Profile of Beiyin Consumer Finance Company

Founded on March 1, 2010, Beijing Bank Consumer Finance Co., Ltd. is approved by the China Banking Regulatory Commission and initiated by Bank of BeijingEarlierThe Consumer Finance Company is a non-bank financial institution that provides loans for consumption purposes to residents and individuals in China.

In 2013, it successfully realized the investment restructuring, signed share subscription agreements with the world's largest consumer finance company - Santander Consumer Finance Company of Spain, as well as a number of well-known domestic private enterprises such as Lisi Group, Legend Holdings and Dalian Wanda, and signed a comprehensive strategic cooperation agreement with Santander Consumer Finance Company of Spain. Since then, the registered capital of the company has increased to 850 million yuan, and a modern corporate governance structure with the shareholders' meeting, the board of directors, the board of supervisors and the management as the core has been established.

At present, the company has made leapfrog development and breakthroughs in business scale, number of customers, model innovation, etc., and has created a series of personal consumption loan products close to the market, such as "Easy Payment", "Easy Loan", "Mini Revolving Consumer Loan", "Benefiting Farmers Loan", "Easy e-Loan", etc., which meet the differentiated consumer finance needs of low- and middle-income people, and have a positive impact on stimulating consumption growth, improving people's lives, and enhancing credit awareness.

Facing the future, the company will continue to keep up with the pulse of the times, keep up with economic hotspots, and closely follow the lives of the people, take it as its social responsibility to provide a full range of consumer financial services for the public, meet the consumption needs of the citizens and promote the growth of consumption in the capital, seize opportunities, innovate and develop, so that more low- and middle-income people can enjoy more diversified financial services, and make greater and newer contributions to promoting the healthy and stable development of social economy and finance.