Port communication46th of the month，CIT Group (NYSE), the world's second largest financial leasing company:CIT)Asia President Max said in an interview with a reporter from my country Securities Journal，CIT Group is very optimistic about the Asian market，Especially our shopping malls，This will be the company’s key development area in the future。
CIT Group’s statement stated that,Compared with the infinite size of our country’s national economy,，my country’s financial leasing industry is still very young，Market penetration is only 5%，There is still a certain gap compared to 15%-30% in European and American countries，Endless space for diffusion。
current，Domestic companies in our country have gradually realized the benefits brought by financial leasing，Tax incentives and capital for equipment replacement, etc.
Advantages
It also attracts the attention of more and more domestic companies.，The leasing industry in my country is booming，There is endless room for development in the future。CIT is confident in the development of China's leasing industry。Max told a reporter from China Securities Journal，CIT China will actively expand its business in the Chinese local market in the future.。
2014September，CIT China completes new RMB 2.55 billion syndicated loan，Bank of Communications serves as the lead bank，Agricultural Bank of China、China Construction Bank、Bank of China and other participating lending banks。This will not only help drive CIT’s localized financing strategic plan，At the same time, it also provides strong financial guarantee to meet the equipment financing needs of Chinese customers.。In addition, Max emphasized that，In order to meet the needs of the rapid development of the financial leasing industry，Moderate regulation is necessary。
on the one hand，There also needs to be a unified and correct interpretation of relevant laws and regulations，This requires cultivating a group of experienced professional leasing talents，Raise the overall standards of the industry。on the other hand，Risk control should run through the entire leasing business。The most important thing is to have a group of very experienced people、Talent with in-depth knowledge of the local market，Only then can the risk control system be implemented。
Effective risk management and appropriate industry supervision play a vital role in ensuring the healthy and rapid growth of the financial leasing industry.。as a bank holding company，CIT’s risk management architecture has two parts：First, when the lessee comes to apply for a leasing arrangement，Credit review by risk management department；Second, when the lessee becomes a CIT customer，CIT will have specialized personnel to follow up and pay attention to the payment situation，And conduct return visits and surveys for these customers every year，Get industry information。
CIT hopes to transplant its risk management experience accumulated in the international market to China，Help different domestic industries achieve development with the help of financial leasing as a financial tool。
Founded in 1908, CIT Group entered the Asian market in 1992，As a wholly-owned subsidiary of CIT Group in China，CIT China (CIT China Financial Leasing Co., Ltd.) currently focuses on customized equipment financing and leasing solutions for small and medium-sized enterprises in China，Business covers education、medical、Printing and technology fields。For details, please consult Shenzhen Hong Kong Xintong-。
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