Is it legal for Ping An Pratt & Whitney Lu to lend across regions?
Legal. Ping An Pratt & Whitney's cross-regional lending is legal, and the new credit business is supervised and publicized. Ping An Pratt & Whitney lending institutions can carry out credit business in branches in provincial capitals, and also in other cities in the province. It is legal to carry out cross-regional lending, and authorized banking institutions can ensure that the loan risk is controllable through credit line inspection and compliance management.