Table 1 Licensed consumer finance companies as of June 2019
Company name | Date of license issue | Registered capital (RMB billion) | Main shareholders | Location |
|---|---|---|---|---|
Bank of Beijing Consumer Finance | February 2010 | 0.85 | Beijing Bank | Beijing |
Sichuan Jincheng Consumer Finance | March 2010 | 0.32 | Chengdu Bank, Malaysian Hong Leong Bank | Chengdu |
BOC Consumer Finance | June 2010 | 0.89 | Bank of China | Shanghai |
Home Credit Consumer Finance | October 2010 | 7.00 | Home Credit B.V. | Tianjin |
Haier Cash | December 2014 | 1.00 | Haier Group | Qingdao |
Industrial Consumer Finance | December 2014 | 1.20 | Industrial Bank | Quanzhou |
Mashang Consumer Finance | December 2014 | 4.00 | Chongqing Bank | Chongqing |
China Post Consumer Finance | January 2015 | 3.00 | Postal Savings Bank of China | Guangzhou |
Merchants Union Consumer Finance | March 2015 | 3.20 | China Merchants Bank, China Unicom | Shenzhen |
Hubei Consumer Finance | April 2015 | 0.30 | Hubei Bank | Wuhan |
Suning Consumer Finance | May 2015 | 0.30 | Suning.com | Nanjing |
Hangyin Consumer Finance | July 2015 | 0.50 | Hangzhou Bank | Hangzhou |
Huarong Consumer Finance | October 2015 | 1.00 | China Huarong Asset Management | Hefei |
Jinshang Consumer Finance | February 2016 | 0.50 | Jinshang Bank | Taiyuan |
Shengjing Bank Consumer Finance | February 2016 | 0.30 | Shengjing Bank | Shenyang |
Shaanxi Changyin Consumer Finance | June 2016 | 0.36 | Chang’an Bank | Xi’an |
Harbin Bank Consumer Finance | September 2016 | 0.50 | Harbin Bank | Harbin |
Shanghai Shang Cheng Consumer Finance | November 2016 | 1.00 | Bank of Shanghai | Shanghai |
Zhong Yuan Consumer Finance | December 2016 | 0.50 | Zhong Yuan Bank | Zhengzhou |
Baoyin Consumer Finance | December 2016 | 0.30 | Baoshang Bank | Baotou |
Changyin 58 Consumer Finance | December 2016 | 0.30 | Bank of Changsha, 58.com | Changsha |
Hebei Happy Consumer Finance | June 2017 | 0.30 | Zhangjiakou Bank, UCAR Inc | Shijiazhuang |
Jinmeixin Consumer Finance | September 2018 | 0.50 | CTBC Bank, Xiamen Financial Investment Group, Gome Holdings Group | Xiamen |
CITIC Consumer Finance | June 2019 | 0.30 | CITIC Group, Kingdee | Beijing |
Beijing Sunshine Consumer Finance | In progress | 1.00 | China Everbright Bank | Beijing |