Announcement of the list of "luxury" lending institutions, foreign banks hope for consumer loans.

Recently, DongA Bank disclosed the list of institutions it cooperates with for internet loans, including Qianhai WeBank, Ant Credit, Alipay, and other institutions. Securities Times reporters found that since July, many foreign banks such as Fubon Hua One Bank, KEB Hana Bank, Kaitai Bank, and Woori Bank have announced the list of institutions they cooperate with for internet loans. The types of cooperating institutions include private banks, consumer finance companies, internet platforms, and financing guarantee companies, mainly involving customer acquisition and marketing, operational services, online and offline collection, and other businesses. Industry insiders believe that the main reasons for the collaboration between foreign banks and lending platforms are twofold: first, the "Notice on Strengthening the Management of Commercial Banks' Internet Loan Assistance Business to Improve the Quality and Efficiency of Financial Services" will be officially implemented, prompting foreign banks to accelerate the compliance adjustment of their internet loan business; second, when foreign banks carry out loan business, they face shortcomings such as insufficient scene embedding, weak customer base, lack of operational experience, and limited data accumulation. Cooperating with lending institutions is a powerful measure for foreign banks to deepen the localization layout of their loan business, helping to expand the Chinese market, especially seeking new growth points for consumer credit business.