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Is CICC consumer loan formal?
Bank of China consumer finance is a formal online loan.

BOC Consumer Finance is one of the first consumer finance companies approved by China Banking and Insurance Regulatory Commission (formerly China Banking Regulatory Commission). It is a comprehensive operating company under the Bank of China and the first consumer finance company in Shanghai. It is a formal online loan.

BOC Consumer Finance Co., Ltd. was established in June, 20 10. It is one of the first batch of consumer finance companies approved by China Banking and Insurance Regulatory Commission, a comprehensive operating company under China Bank and the first consumer finance company in Shanghai.