China Banking Regulatory Commission, Measures for the Administration of Auto Finance Companies
中国银行业监督管理委员会汽车金融公司管理办法
The business scope of auto finance companies expanded.
Date:
April 2008
CLP Reference: 3610/08.01.24
PRC Reference: 银监会令 [2008] 第1号
Promulgated: 24 January 2008
Effective: 24 January 2008
Keywords (click to search): [auto finance] [auto credit] [motor vehicle leases] [automobile leases] [motor vehicle lease financing] [automobile financial leasing] [auto loans] [automobile manufacturer]
Promulgated: January 24 2008
Effective: as of date of promulgation
Main Contents: The revised Measures allow auto finance companies to engage in six more types of businesses:
(1) accepting deposits from dealers for loans for the procurement of motor vehicles and deposits from lessees for motor vehicle leases;
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