www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Alibaba-backed Internet bank opens in East China

(Xinhua) Updated: 2015-06-26 09:41

HANGZHOU -- Alibaba-backed Internet bank MYbank, which will mainly offer services to small businesses and rural clients, opened on Thursday.

MYbank, which is 30 percent-owned by Ant Financial Services Group, has a registered capital of 4 billion yuan ($644 million). Ant Financial is a former subsidiary of Alibaba and is still owned by Alibaba chairman Jack Ma and his colleagues.

Other founders include the Shanghai-based conglomerate Fosun Group, China's largest auto parts supplier Wanxiang Group, and Ningbo Jinrun Asset Management Company.

MYbank is headquartered in the eastern city of Hangzhou.

Ma said the idea of opening a bank first occurred to him in 1992.

"At the time, I wanted to open a translation agency, but it was hard to get a loan as I had no mortgage. Then it occurred to me, if I opened a bank, I could help more people achieve success," he said.

In China, people in rural areas and small-business owners often have difficulty securing credit from state-owned banks due to default concerns.

Yu Shengfa, president of MYbank, said individuals and small businesses may apply for loans of up to 5 million yuan.

Apart from the small business lending inherited from Ant Financial, the bank will also offer cash management, and investment and wealth management services, Yu said.

Yu said he hoped the bank could serve 10 million small businesses and individual entrepreneurs in five years.

The bank will have no physical outlets and all services will rely on data collected from credit history on Taobao, Yu said.

Since 2007, three small lending firms operated by Ant Financial have extended 400 billion yuan of loans to 1.6 million small businesses owners and the non-performing loan ratio is at about 1.5 percent.

Though many see promising prospects for the Internet bank, regulatory hurdles remain, as customers cannot open accounts online.

It was announced last year that five private banks were given permission to open. WeBank, backed by Alibaba's major rival Tencent, opened in December.

Previously, China only had one private bank, China Minsheng Bank, which was founded in 1996. It was the country's first national bank founded by private capital.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 性欧美巨大 | 免费观看欧美精品成人毛片能看的 | 男人一进一出桶女人视频 | 国产精品高清全国免费观看 | 欧洲女同互慰在线视频 | 国产欧美日韩综合一区二区三区 | 欧美有码在线观看 | 在线观看一级毛片 | 欧美成人一区二区三区在线视频 | 国内精品91最新在线观看 | 久久综合免费视频 | 国产精品久久久久久一级毛片 | 国产伦精品一区三区视频 | 欧美性精品hd在线观看 | 亚洲国产精品影院 | 欧美久久久久欧美一区 | 日韩精品一区二区三区免费观看 | 久久久这里只有精品免费 | 国产高清视频免费在线观看 | 国产亚洲精品看片在线观看 | 成年人在线观看网站 | 青青操网站 | 免费国产视频在线观看 | 欧美真人视频一级毛片 | 国产精品久久久久久久午夜片 | 久久香焦 | 色老头老太做爰视频在线观看 | 殴美一级| 精品视频 久久久 | 毛片在线免费播放 | 欧美影院久久 | 国产成人一区二区三区在线视频 | 天天se天天cao综合网蜜芽 | 亚洲精品在线播放 | 69凹凸国产成人精品视频 | a三级黄色片 | 国产玖玖玖精品视频 | 欧美无极品 | 久久高清精品 | 欧美一级视频在线观看欧美 | 国产一级片免费 |