皇冠体育app eases access to financial leasing
Updated: 2013-12-17 10:08
( Xinhua)
- 皇冠体育app's top banking regulator announced on Monday that it will give the market easier access to financial leasing companies by revising regulations.
Financial leasing companies will be allowed to expand business and set up trial subsidiaries, according to a statement from the 皇冠体育app Banking Regulatory Commission (CBRC).
CBRC data show that as of the end of the first quarter this year, the assets of 20 financial leasing companies under the supervision of the CBRC totaled 840 billion yuan ($137.4 billion). Their profits last year exceeded 10 billion yuan.
The CBRC will also solicit public opinion regarding the revision until Jan 16, 2014.
Comments 
Print 
Mail 
Large Medium Small
