On January 7, Bank of Beijing held the "Bank of Beijing Green Auto Finance Center Press Conference" with the theme of "Leading Green Finance and Leading Low-carbon Life", and officially established the Bank of Beijing Green Auto Finance Center. Xiao Zhengsan, vice president of The China Automobile Dealers Association, Yang Shujian, deputy secretary of the Party Committee and president of the Bank of Beijing, and other leaders attended the event. At the press conference, Bank of Beijing signed a strategic cooperation agreement with Beiqi Blue Valley, WM Motor, Gaohe Automobile, Chery Huiyin, Yimao Automobile and Baideli Group to jointly promote the long-term development of the automobile industry and support the formation of a strong domestic automobile consumer market. Based on the new situation, new characteristics and new trends of the auto finance market in the new era, we innovatively put forward the concept of green auto finance development to help build a new pattern of sustainable auto consumption development.
The continuous progress of the automobile consumer market has led to the rapid growth of China's automobile financial market. In 2020, the scale of China's retail automobile financial market will be about 1.8 trillion yuan. Personal auto consumer finance dominates the auto finance market and is growing rapidly. Based on the new development stage, Bank of Beijing actively responds to the decision-making and deployment of the Party Central Committee and the State Council on stabilizing and expanding automobile consumption, fully implements the national strategy of "carbon peaking and carbon neutrality", establishes a green auto finance center, innovates the intelligent operation of auto finance, green and low-carbon, cooperation and open development model, takes auto finance as the key business development direction of the whole bank, comprehensively lays out the auto finance business, further promotes the balanced development of the personal loan business structure, and promotes the overall acceleration of the retail transformation of Bank of Beijing.
Smart operation - Bank of Beijing adheres to the technology-enabled finance, based on the new situation, new characteristics and new trends of the auto finance market in the new era, builds a green auto consumer finance information system, and through the realization of process digitization, risk control AI intelligence, business online and other measures, while continuously improving customer experience and service efficiency, it can flexibly dock a variety of business cooperation models to escort the steady improvement of business.
Green and low-carbon - Bank of Beijing supports the development of new formats and models of green auto finance, combines its own advantages in capital, management, technology and talents, gives full play to the three major functions of green financial resource allocation, risk management and market pricing, creates a green auto finance ecosystem, and promotes the realization of the goal of "carbon peaking and carbon neutrality".
Cooperation and opening-up - Bank of Beijing has opened up a new track, boldly explored the public-private linkage model, and through the establishment of cooperation with automobile manufacturers, auto finance companies, auto dealers and Internet platforms, it is committed to creating full-chain, full-process, and all-online financial services for traditional car companies and new car-making forces, to meet diversified needs, promote the long-term development of the auto industry and broaden the combination of auto consumer finance channels.
According to reports, in recent years, Bank of Beijing has accelerated the pace of retail strategic transformation, and the personal loan business has accelerated the digital transformation, promoting the continuous improvement of business efficiency. In 2021, the scale of retail loans of Bank of Beijing has been greatly improved, while the structure of personal loan business has been continuously optimized, the level of digital management has been continuously improved, and the standardization and online transformation of a number of personal loan products have been promoted during the year, and the "short loan treasure" has been put into production without repayment and "hui loan treasure"; "Beijing E loan" has completed the localization data transformation to enhance independent risk control and enhance sustainable development capabilities; with the help of scientific and technological iteration and big data to empower business, improve approval efficiency.
In the future, Bank of Beijing will continue to adhere to the customer-centric approach, continue to optimize auto financial services, accelerate cooperation in auto finance business, achieve mutual benefit and win-win results, and contribute to further unleashing the potential of domestic auto consumption and achieving the goal of "carbon peaking and carbon neutrality".