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Do microfinance companies need financial licenses?
1. Do microfinance companies need a financial license?

The official name of a financial license is the business license of a financial institution. None of the above companies except banks. The company that is most likely to obtain a financial license has been listed as one of the financial institutions in the organization code of financial institutions compiled by the central bank, but the CBRC has not issued a financial institution business license to the company, and its final approval power lies with the CBRC.

Second, loan companies do not have financial licenses, but their business licenses and business scope are as follows. ...

If it is a small loan company, it is still possible. As far as I know, only small loan companies can lend, but there is no financial license.

3. Does the company have a financial license?

The People's Bank of China implements a licensing system for financial institutions. Issue financial institution legal person license to financial institutions with legal person qualification, and issue financial institution business license to financial institutions without legal person qualification. No one is allowed to engage in financial business without a license. Legal basis: Article 6 of the Regulations on the Administration of Financial Institutions The People's Bank of China implements a licensing system for financial institutions. Issue financial institution legal person license to financial institutions with legal person qualification, and issue financial institution business license to financial institutions without legal person qualification. No one is allowed to engage in financial business without a license.

4. Does the company have a financial license?

Hello, the official state approved the loan business. As for the smaller ones, they are generally not available. I hope it helps you!