CMB Financial Leasing Wins the 3rd China Financial Leasing “Taking-off Award” – “Specialized Leasing Leader”

On November 4–5, the 7th Global Leasing Industry Competitiveness Forum was held in Tianjin, where the winners of the 3rd China Financial Leasing “Taking-off Award” were unveiled. CMB Financial Leasing, with its positive exploration in specialization, won the honor of “Specialized Leasing Leader”. CMB Financial Leasing Party Secretary and President (proposed) Zhang Lianhuai attended the event, in the company of Vice President Shi Yongjiu.

Global Leasing Industry Competitiveness Forum, focusing on the sustainable development of financial leasing, is the first China-centered world leasing forum. At the 2020 forum on the theme of “Focus on the Dual Circulation, Seek Innovation in the 14th Five-Year Plan Period”, participants exchanged views extensively on promoting business collaboration in leasing and exploring paths of sustainable development in this sector. China Financial Leasing “Taking-off Award” is voted by a review committee consisting of authoritative experts and scholars in financial leasing, enjoying high influence and authority in the world.

In recent years, CMB Financial Leasing has been devoted to specialized sectors and comprehensively improving capabilities. In terms of asset organization, it has set up several specialized teams, covering aviation, shipping, new energy, energy conservation and environmental protection, culture and tourism, warehousing and logistics, urban travel and shield, heat supply, and “E-Leasing”. Meanwhile, it keeps practicing “Real Leasing”, and steps up efforts in exploring operating lease, direct lease and other businesses better reflecting the nature of leasing with more eligible leased property and clearer use of funds. It also develops specialized capabilities different from bank credit products, making positive contribution to promoting industrial innovation and upgrade, advancing social investment and driving economic structural adjustment. With respect to process risk control, CMB Financial Leasing sets about developing a credit risk management and control system that is centered on early risk warning and connects with business system, and continues to enhance the full-cycle specialized risk management. Regarding operation management, it stages a specialized internal governance system covering foreground, middle-ground and background and takes multiple measures to improve the specialized competence of its teams and strengthen the specialized support of middle-ground and background departments for foreground business.

The award is a recognition of CMB Financial Leasing for its achievements in specialized development. Looking forward, CMB Financial Leasing will stick to the original aspiration of serving the real economy and equipping the future, and make in-depth and careful efforts to promote specialized development, so as to facilitate the development of real economy with innovative financial services.