Why China's Skyworth sets up in-house bank

Skyworth Digital Holdings CFO tells CT why the TV maker created an in-house bank through the formation of a financial company in China.
Why China's Skyworth sets up in-house bank
By I-Ching Ng
Sep 16, 2013
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In early September, Skyworth announced it had been granted a licence from China's banking regulator to operate a finance company. We spoke to Skyworth's outgoing CFO, Frederick Leung Chi-ching, about the set up to facilitate intercompany lending at more competitive costs.

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