⊙记者 颜剑 ○编辑 枫林

Even though journalists YanJian editor maple's woods

　　当中国融资租赁市场日新月异之时，全球融资租赁公司巨头们能给我们带来什么样的启示？

When Chinese financial leasing market changes with each passing day,Global finance lease company giants can bring us what kind of enlightenment?

　　近期，全球最大的融资租赁公司美联信（CIT）集团公布了其2012年第四季度业绩和全年财报。数据显示，截至2012年12月31日，CIT公司总资产440亿美元。美联信集团主要涉足的领域包括：银行业务、供应商融资、公司理财、消费金融等。供应商融资是其在美国之外所主要推广的业务。

The recent,The world's largest beauty comerica financing lease company(CIT)Group released its fourth quarter and full-year 2012 earnings.Data display,As of December 31, 2012,CIT company total assets of $44 billion.The main tread including &sanitary industry:Banking business/Vendor financing/Corporate finance/Consumer finance, etc..Vendor financing is the main promotion business outside the United States.

　　数据显示，截至去年末，CIT供应商融资业务板块资产达54亿美元。目前，CIT在中国所推广的业务也为该类业务。近期，本报记者就相关问题独家专访了CIT旗下供应商融资集团全球总裁罗恩·阿灵顿（Ron Arrinton）。

Data display,By the end of last year,CIT vendor financing business sector assets of $5.4 billion.At present,CIT promoted by the business in China for the business.The recent,Our reporter an exclusive interview on related issues of CIT's vendor financing group's global President RON Arlington(Ron Arrinton).

　　当前，融资问题仍然困扰着中国诸多融资租赁公司。尽管近期已有部分公司通过境外融资、发行债券和信托、乃至试图进行资产证券化，但从银行贷款仍是主渠道。“我们在美国并未感觉到任何融资压力。”阿灵顿表示，CIT的融资渠道主要有三个：CIT银行的存款、无抵押（担保）证券、ABS资产担保证券。

The current,Financing problems still plagued by many financing lease companies in China.Despite the recent part of the company have passed outside financing/Issuance of bonds and trust/And even tried to asset securitization,But the loan from the bank is still the main channel."We in the United States has not felt any funding pressures."Arrington said,There are three main CIT's financing channels:CIT bank deposits/unsecured(guarantee)securities/ABS asset-backed securities.

　　阿灵顿称，当前融资租赁业务有31%的资金来自于银行存款。他表示，未来希望能将银行存款的融资渠道比重增加到35%-45%，后两者的渠道降到30%左右。

Arrington said,The current financing lease business has 31% of the funds from bank deposits.He said,The future hopes to bank deposits increased to 35% to 35% of the total financing channels,The latter two channel to around 30%.

　　对于这种融资渠道结构，中国的融资租赁业者们想必只有羡慕的份。完全不同的监管模式使得中国融资租赁公司不可能复制这样的资金获取模式。

For this kind of financing channel structures,Must have only Chinese financing lease industry were the envy of copies.Completely different mode of supervision makes China's financial leasing companies are impossible to replicate such funding model.

　　“不过，由于CIT是银行控股集团，我们也需要遵守美联储的监管，同时我们还是一家州政府颁发牌照的银行，还需要受到当地政府的监管。此外，跟所有存款公司一样，我们还受联邦存款保险公司（DIC）的监管。”阿灵顿表示。作为外资融资租赁公司，美联信在中国的业务是受到中国商务部的监管。

"but,Due to the CIT is a bank holding group,We also need to follow the fed's regulatory,At the same time we issue licences or a state bank,Also required by the local government regulation.In addition,As companies all deposits,We also by the federal deposit insurance corporation(DIC)Supervision of the."Arrington said.As a foreign-funded financing lease company,Beauty comerica's business in China is regulated by the ministry of commerce of China.

　　数据显示，截至2012年末，中国银监会监管下的金融租赁公司融资租赁资产总规模达6979.71亿元，经营租赁资产规模为582.64亿元。这为外界解读为，金融租赁公司多从事的为类信贷业务，而其中又多为基础设施的融资租赁业务。

Data display,By the end of 2012,The China banking regulatory commission under the supervision of the financial leasing company finance lease assets total 697.971 billion yuan,Operating lease assets of 58.264 billion yuan.It read as for the outside world,Financial leasing companies engaged in for class credit business,And one more for infrastructure financing leasing business.

　　就此，阿灵顿认为，美国的基础设施融资租赁市场份额并没有如中国的那么大。他认为，当前中国融资租赁业务占比过大，与当前经济发展阶段、产业结构有着密切的关系。“根据我们的经验，租赁公司在经过一段时间的增长后，经营性的租赁业务会越来越多。”

In this,Arlington, think,America's infrastructure financing lease market share is not as big as China's.He thinks that,China's current financing lease business proportion is too large,With the current economic development stage/Industry structure has a close relationship."According to our experience,Leasing company after a period of growth,Operational leasing business would more and more."

　　在风险防范方面，阿灵顿说：“风险控制应该贯穿于租赁业务的始末。最重要的是要有一批非常有经验、对本地市场有深入了解的人才，才能把风险控制体系执行下去。”

In the aspect of risk prevention,Arrington said:"Risk control should be throughout the beginning and end of the leasing business.The most important thing is to have a group of very experienced/Have in-depth knowledge of local market,To the risk control system."

　　对于美联信在中国市场的发展，阿灵顿表示非常乐观，表示将进一步加大在中国市场的投入力度。

Comerica for beauty is in the development of China's market,It was optimistic Arlington,Said it would further increase the investment in the Chinese market.