China

History and Business activities Within the scope of BNP Paribas retail banking, BNP Paribas Personal Finance has expanded consumer credit in a number of countries including Algeria, Morocco, Poland, Serbia, Tunisia, Turkey, Ukraine, and China through the Bank of Nanjing. BNP Paribas Personal Finance capitalizes on the expertise of BNP Paribas in these countries and […]

History and Business activities

Within the scope of BNP Paribas retail banking, BNP Paribas Personal Finance has expanded consumer credit in a number of countries including Algeria, Morocco, Poland, Serbia, Tunisia, Turkey, Ukraine, and China through the Bank of Nanjing. BNP Paribas Personal Finance capitalizes on the expertise of BNP Paribas in these countries and applies a model that takes into account today’s geopolitical realities.

In 2013, Geely Automobile Holdings Limited and BNP Paribas Personal Finance came together to establish a joint venture for vehicle financing. Geely Automobile Holdings Limited is an automobile manufacturer focusing on the development, manufacturing and sale of passenger vehicles. Last February, Geel Automobile Holdings Limited and BNP Paribas Personal Finance confirmed having received approval from the CBRC (Chinese Banking Regulatory Commission) to start the set-up of a joint venture company engaging in auto-financing activities in the People’s Republic of China.

At the end of 2014, BNP Paribas Personal Finance, Suning, the largest distributor of household appliances in China with 1,600 stores and 140 million customers, and Bank of Nanjing decided to create a joint-venture dedicated to consumer credit. Suning CFC received the license from the CBRC (Chinese Banking Regulatory Commission) in December 2014.

Websites

Press and News

Geely Automobile Holdings Limited and BNP Paribas Personal Finance received approval from the CBRC (China Banking Regulatory Commission)to start the set-up of the auto finance joint venture company – February 12, 2015

Geely Automobile Holdings Limited and BNP Paribas Personal Finance
Signed Joint Venture to Establish Auto Financing Business – December 16, 2013