Consumer finance company or debit bank card

For the time being, consumer finance companies only make loans for small purchases such as household appliances.　　CFP Consumer Finance, the bank's Bank of China, which is due to open in July this year, is expected to open at the latest this July.　　Yesterday morning, the CBRC announced on its website, has approved the Beijing Bank (601169), the Bank of China (601988), Chengdu Bank as the main contributor, respectively, in Beijing, Shanghai, Chengdu three to prepare consumer finance company. According to the three commercial banks submitted to the preparation of the application, Beijing bank in Beijing to set up a wholly-owned north bank Consumer Finance Co., Ltd., BOC proposed joint Hundred Group Co., Ltd. and Lujiazui Financial development Holding company in Shanghai, the establishment of BOC Consumer Finance Co., Ltd.,　　Chengdu Bank is to unite Malaysia Hong Leong Bank in Chengdu, Sichuan Kam-Cheng Consumer Finance Co., Ltd. set up.　　In addition, the CBRC said that the establishment of a consumer finance company in Tianjin application is also being processed.　　According to the CBRC's preparation, the three commercial banks should complete the preparation work within 6 months, and submit the opening application materials to the CBRC in accordance with relevant regulations after the completion of the preparation work.　　It is worth noting that, for consumers ' most concerned about the "operation" of consumer finance companies, people familiar with the matter said that because the consumer finance company itself can not be card issuers, so its credit business will be the bank card as the carrier.　　Zhu Yu, deputy governor of BOC's Shanghai branch, had previously disclosed that it would not rule out the use of BOC's credit card as a tool for consumer finance companies. The problem followed. Some in the banking industry worry that the new consumer finance company's products and credit cards are very similar, how widely accepted by most users will be the problem. In this respect, some analysts said, consumer finance company loan interest rate should be lower than the credit card fees, can have market competitiveness.