Aeon Credit Services 0900

Aeon Credit Services 0900

Postby winston » Fri Sep 28, 2012 6:43 am

not vested

Aeon Credit Services (Asia) 90900) - has also outperformed the market.

It issues credit cards and is engaged in personal loan financing and hire purchase deals.

Aeon has offices in Beijing, Guangdong and Shandong provinces, and has expanded into China's auto, finance and insurance sectors. It also started a microfinance business in Shenyang.

In the mainland, a one-year personal loan can carry interest of between 15-20 percent at present.

Aeon's loan business can generate stable profit as long as it can control the credit risks of ist clients.

Source: Dr Check, The Standard HK
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