BMW celebrates decade of auto financing in China

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BMW Automotive Finance China is celebrating a decade of business in China by further committing to providing high-quality and innovative financial services to Chinese customers. “Our development in the past decade has been tremendous and we have grown into one of the leading auto finance companies in the country,” said Serge Naudin, president and CEO of BMW Group Financial Services Region China.   To date, it has served 2 million Chinese customers providing an accumulated finance value of 416 billion yuan ($63.11 billion). The registered capital of the company has increased to 9.8 billion yuan and the value of its serviced portfolio has achieved 100 billion yuan by the end of 2019.   With the rapid development of digital economy in China, customers are gradually changing their consumption expectations and habits.     BMW Automotive Finance China has made great efforts to ………………………………