The China Banking Association Auto Finance Professional Committee was established in Beijing on June 11 and released China's first "China Auto Finance Company Industry Development Report". The report shows that as of the end of 2013, China's auto finance company has grown to 17; total assets scale From 6 billion yuan in 2005 to 260 billion yuan. Among them, dealer wholesale loans increased from 2.57 billion yuan to 55.63 billion yuan; consumer retail loans increased from 1.28 billion yuan to 181.85 billion yuan.
At the meeting, SAIC General Motors Finance Co., Ltd. was selected as the first director of the special committee, and its general manager Yu Yarui was appointed as the first director. The meeting reviewed and approved the Proposal on the Working Rules of the China Banking Association Auto Finance Committee and the Proposal of the 2014 Work Plan of the China Banking Association Auto Finance Professional Committee. The "Self-discipline Agreement on Standardizing the Development of Auto Finance Business" was released at the same time.
Yang Zaiping, full-time vice president of China Banking Association, hopes that the auto finance professional committee will give full play to the industry's own advantages and strengthen the effective communication between member units and regulatory agencies and government departments through the establishment of regular exchange mechanism; strengthen the regulation of auto finance business through self-discipline system construction. Development; through the exchange of data and information, promote the common progress of the industry; through in-depth study and discussion of the scientific development of the automotive finance industry, put forward the opinions and suggestions for sustainable development of the industry, and jointly promote the more standardized and stable development of automobile finance.
Zhang Dianzhong, deputy director of the Banking Regulatory Commission's non-bank financial institution supervision department, believes that how to meet the challenges according to the actual development situation is the main problem facing auto finance companies. I hope that the auto finance company's business development will be localized by the local government and will be adopted by the auto finance committee platform. Strengthen the self-discipline awareness of the industry, do a good job in basic information such as data information reporting, timely reflect the business development needs of member units to the regulatory authorities, improve the level of financial services, and continue to grow and expand while effectively serving the real economy and consumers, and gradually become a market. An efficient and professional financial force in the economy.
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