BOCA: In the first half of the year, China's auto finance companies issued a total of 270987 million yuan of auto retail loans

2022-10-08

According to incomplete statistics of the Automobile Finance Professional Committee of the China Banking Association, from January to June this year, auto finance companies across the country have granted a total of 270987 million yuan of auto retail loans, supporting about 3032200 auto retail sales. According to the China Banking Association, auto financing companies stick to their main business and continue to innovate. They stimulate auto consumption demand and help the auto industry recover by implementing preferential policies for car purchase loans, increasing promotional efforts and other measures. According to incomplete statistics of the Automobile Finance Professional Committee of the China Banking Association, from January to June this year, auto finance companies across the country granted loans to auto dealers totaling 360.398 billion yuan. From January to May this year, auto financing companies provided deferred repayment services for more than 16000 individual customers, involving loan amount of more than 1.3 billion yuan and interest fee reduction of more than 2 million yuan; It provided deferred repayment services to more than 7600 corporate customers, involving loans of more than 4.62 billion yuan and interest fee reduction of more than 10.84 million yuan. At the same time, auto financing companies actively responded to the call of the state and regulatory authorities to provide loan support for truck drivers. According to incomplete statistics of the Automobile Finance Professional Committee of the China Banking Association, from January to May this year, auto finance companies across the country have granted more than 90000 personal freight loans, with a loan amount of more than 17 billion yuan; It has granted more than 5000 institutional freight loans, with a loan amount of about 1 billion yuan. (Liu Xinshe)

Edit:Yi Bing    Responsible editor:Wei Li Bin

Source:XinhuaNet

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