wholesale jewelry bylot Where does Huayan and borrowing money come from?

wholesale jewelry bylot

5 thoughts on “wholesale jewelry bylot Where does Huayan and borrowing money come from?”

  1. black jewelry box wholesale According to regulations, Huayan and borrowing can only come from 4 aspects: asset transfer financing; major shareholders' orientation borrowing; interbank borrowing; own funds;
    in 2017, borrowing and flowers can develop rapidly, except for the independence of the Ali system alone In addition to some risk control data advantages, scene advantages, and traffic advantages, another important reason is that sufficient funds can be used for loan.
    It regulations have limited the leveraged rate of financing channels 1, 2, and 3 of financing channels. The specific leverage ratio, the financial office of various places formulates itself.
    In June 2017, Ant Shangcheng Small Loan and Ant small and small amounts, the two companies have a total of 3.8 billion yuan of registered funds. Among them, Ant Small Loan registered funds were 1.8 billion yuan, and the ants small and micro registered funds were 2 billion yuan.
    If in accordance with the "Interim Measures for the Financing Regulatory Supervision of Chongqing Municipal Small Loan Company", it can be amplified by 2.3 times. The scale of borrowing and spending 260 billion yuan obviously exceeds this leverage.

    So, Ant Financial made off -balance -sheet financing through ABS (asset securitization) to avoid the limitation of leverage.
    ABS's process is: Ant Shangcheng issued loans to borrowing users to form credit assets; then transfer assets to Debon Securities Design and Management Asset Support Special Plan (SPV), Debon Securities to the asset pool In the future, the cash flow that will be generated will be transformed into securities product projects for structured design (generally priority, inferior, post -inferiority, and equity). It is issued publicly in the Shanghai Stock Exchange and subscribed by institutions or individual investors. The funding custody of the special plan is in the Construction Bank. CSI is responsible for registering and hosting share.
    Is after assets are securitized, the loan balance of borrowing and Hua Tao becomes less (moved from the inside to the outside of the table), that is, the loan assets have completed the statement. Investors purchase ABS share, borrowing and Hua Tong's in -table loans converted into cash. The two small loan companies get sufficient cash backflow and continue to lend to form new basic assets to issue ABS to make it again.
    In 2017, Ant Financial issued 236.3 billion yuan of ABS products. According to CNABS data, in 2017, the distribution scale of the personal consumer loan ABS series of borrowed and Huayan's personal consumer loan series was 130.3 billion yuan and 106 billion yuan, respectively, occupying 17.51%and 14.25%of the entire company's ABS market share.
    If compared with the credit ABS between banks, the total amount of ABS issuance of Ant Financial has far exceeded the four major banks, which is equivalent to the total issuance of CCB, China Merchants Bank, ICBC, and Bank of Communications.

    Huayan, borrowing is through this cycle: loan formation → ABS financing, lending again, to achieve rapid enlargement of operating leverage in just a few years, increase loan scale, create creation Rich profits.

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