1 thought on “What is a financial leasing company”
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Financial Leasing Companies refers to non -bank financial institutions that are mainly based on the China Banking Supervision and Administration Commission approved by the China Banking Supervision and Administration Commission (see the Administrative Measures for Financial Leasing Company for details. For approval, no unit or individual may operate the financial leasing business or use the word "financial leasing" in its name, except for laws and regulations. One is the financial leasing company. The difference between the two is mainly. The former only transferred the right to use, and then eventually transferred the ownership. Therefore, the financial leasing company is actually a financial institution. Give enterprises, enterprises are used to buy equipment, and the principal is returned to the principal in order to pay interest. The financial leasing company is to buy the equipment first, and then rent the equipment to the enterprise. Summary equal to the fund to increase interest.
extension information: The development of financial leasing company China
It originated in April 1981. The earliest leasing company appeared in the form of a Chinese -foreign joint venture. Its original motivation was to introduce foreign capital. The first non -bank financial institution "China Rental Co., Ltd." composed of Chinese -funded non -bank financial institutions established in July 1981 " By 1997, there were 16 financial leasing companies approved by the People's Bank of China in 1997. 1997, Hainan International Leasing Co., Ltd., Guangdong International Rental Co., Ltd., Wuhan International Leasing Company and China Huayang Financial Leasing Co., Ltd. (2000 Turn off the market every year. At present, there are 18 financial leasing companies operating normally after capital increase expansion. nThe financial leasing is an effective mechanism for resource transmission and capital transformation between different capital markets. Because financial leasing has other unparalleled advantages of other funding methods, it has been commonly used internationally internationally, and its development speed is also preferred. Eighty. At the beginning of the age, as the product of reform and opening up, it was introduced in China. In the past 20 years, China's leasing industry has developed greatly, but for various reasons. financial leasing companies generally have relatively chaotic business scope, in high risk fields, in high risk fields Excessive investment scale is too large and neglected to risk control and asset management, coupled with the incomplete market economy system, the four pillars (legal, supervision, accounting standards and taxes) of the development of the leasing industry are unsuitable, which has led to some financial leasing companies Faced with the deterioration of asset quality, serious payment difficulties, and normal business operations are unsustainable. Pecent
With the continuous improvement of the Chinese market economy system, the Chinese capital market of China's capital market Further development and improvement, the support of law, supervision, accounting standards, and taxation environment for the leasing industry is increasing, according to the legislative planning requirements of the Standing Committee of the 10th National People's Congress. The Ministry of Commerce, the China Banking Regulatory Commission and other departments have fully investigated and studied and widely listened to the opinions of all parties. Based on the national conditions, they are easy to draw on their drafts, forming the "Financing Lease Law of the People's Republic of China (draft)" (secondary solicitation opinion draft). The financial leasing legislation will promote the marketization process of the financial leasing industry, revitalize fixed assets, optimize resource allocation, meet the requirements of corporate technology transformation, improve the technical level of enterprise, promote the development of SMEs, and guide consumption. In the industry and other aspects to play a positive role. The legislation of financial leasing will promote the rapid development of the financial leasing industry, and give major policies to accelerate the depreciation of depreciation, the preparation of bad debts, the transfer of tax payment, tariff payment, foreign exchange settlement funds, etc. Supporting, the macro political environment is very conducive to the development of China's leasing industry. In prospects
In the next decades will be the high economic development period in China. The state will continue to invest in energy and transportation and infrastructure. Later, industrial renewal and technological transformation are urgently needed. These will bring a large number of sets of equipment, transportation, and the needs of dedicated machinery. The successful experience of developed countries has proven that leasing is the most effective way to solve these needs. The huge demand in the market in the future is the best time to develop the leasing business. Reference information Source: Baidu Encyclopedia-Financial Leasing Company
Financial Leasing Companies refers to non -bank financial institutions that are mainly based on the China Banking Supervision and Administration Commission approved by the China Banking Supervision and Administration Commission (see the Administrative Measures for Financial Leasing Company for details.
For approval, no unit or individual may operate the financial leasing business or use the word "financial leasing" in its name, except for laws and regulations. One is the financial leasing company. The difference between the two is mainly. The former only transferred the right to use, and then eventually transferred the ownership. Therefore, the financial leasing company is actually a financial institution. Give enterprises, enterprises are used to buy equipment, and the principal is returned to the principal in order to pay interest. The financial leasing company is to buy the equipment first, and then rent the equipment to the enterprise. Summary equal to the fund to increase interest.
extension information:
The development of financial leasing company China
It originated in April 1981. The earliest leasing company appeared in the form of a Chinese -foreign joint venture. Its original motivation was to introduce foreign capital. The first non -bank financial institution "China Rental Co., Ltd." composed of Chinese -funded non -bank financial institutions established in July 1981 " By 1997, there were 16 financial leasing companies approved by the People's Bank of China in 1997.
1997, Hainan International Leasing Co., Ltd., Guangdong International Rental Co., Ltd., Wuhan International Leasing Company and China Huayang Financial Leasing Co., Ltd. (2000 Turn off the market every year. At present, there are 18 financial leasing companies operating normally after capital increase expansion. nThe financial leasing is an effective mechanism for resource transmission and capital transformation between different capital markets. Because financial leasing has other unparalleled advantages of other funding methods, it has been commonly used internationally internationally, and its development speed is also preferred. Eighty. At the beginning of the age, as the product of reform and opening up, it was introduced in China. In the past 20 years, China's leasing industry has developed greatly, but for various reasons.
financial leasing companies generally have relatively chaotic business scope, in high risk fields, in high risk fields Excessive investment scale is too large and neglected to risk control and asset management, coupled with the incomplete market economy system, the four pillars (legal, supervision, accounting standards and taxes) of the development of the leasing industry are unsuitable, which has led to some financial leasing companies Faced with the deterioration of asset quality, serious payment difficulties, and normal business operations are unsustainable.
Pecent
With the continuous improvement of the Chinese market economy system, the Chinese capital market of China's capital market Further development and improvement, the support of law, supervision, accounting standards, and taxation environment for the leasing industry is increasing, according to the legislative planning requirements of the Standing Committee of the 10th National People's Congress. The Ministry of Commerce, the China Banking Regulatory Commission and other departments have fully investigated and studied and widely listened to the opinions of all parties. Based on the national conditions, they are easy to draw on their drafts, forming the "Financing Lease Law of the People's Republic of China (draft)" (secondary solicitation opinion draft).
The financial leasing legislation will promote the marketization process of the financial leasing industry, revitalize fixed assets, optimize resource allocation, meet the requirements of corporate technology transformation, improve the technical level of enterprise, promote the development of SMEs, and guide consumption.
In the industry and other aspects to play a positive role. The legislation of financial leasing will promote the rapid development of the financial leasing industry, and give major policies to accelerate the depreciation of depreciation, the preparation of bad debts, the transfer of tax payment, tariff payment, foreign exchange settlement funds, etc. Supporting, the macro political environment is very conducive to the development of China's leasing industry.
In prospects
In the next decades will be the high economic development period in China. The state will continue to invest in energy and transportation and infrastructure. Later, industrial renewal and technological transformation are urgently needed.
These will bring a large number of sets of equipment, transportation, and the needs of dedicated machinery. The successful experience of developed countries has proven that leasing is the most effective way to solve these needs. The huge demand in the market in the future is the best time to develop the leasing business.
Reference information Source: Baidu Encyclopedia-Financial Leasing Company