Bank of Suzhou Flags Increase in Consumer Lending in 2022


Municipal lender Bank of Suzhou has outlined plans to step up its consumer finance efforts in the year ahead.

On 11 January Bank of Suzhou announced that it would “continually drive consumer category lending operations” in 2022, as well as “actively welcome the consumer market and work hard to increase consumer finance lending.”

“On the one hand, we will continue to optimise operations procedures, upgrade consumer experience and expand the services demographic in accordance with our mainline strategy of digital transformation,” said Bank of Suzhou.

“On the other hand we will enrich consumer loan product types, raise the coverage area for customer demographics, and provide differentiated products and services for different customer groups and clients.”