Core Viewpoint - The number of small loan companies in China has significantly decreased in the first half of 2025, surpassing the total reduction for the entire year of 2024, driven by regulatory measures aimed at cleaning up the industry and enhancing quality and efficiency [1][3][5]. Group 1: Industry Statistics - As of June 2025, there are 4,974 small loan companies in China, with a total loan balance of 736.1 billion yuan, reflecting a decrease of 18.7 billion yuan in the first half of the year [1]. - The number of small loan companies decreased by 283 in the first half of 2025, exceeding the total reduction of 243 companies for the entire year of 2024 [3][5]. - Over the past decade, from Q2 2015 to Q2 2025, the number of small loan companies has decreased by 3,977, a decline of 44.4%, while the loan balance has dropped by 223.3 billion yuan, a decrease of 23.3% [5]. Group 2: Regulatory Actions - The People's Bank of China has implemented measures to clear out non-compliant small loan companies, with various provinces actively identifying and shutting down "lost contact" and "shell" companies [2][3]. - In Chongqing, 19 companies were identified as "lost contact" or "shell" and are facing regulatory actions to revoke their pilot qualifications [2]. - The Beijing and Shenzhen local financial management bureaus have also published lists of companies required to exit the industry, with specific deadlines for compliance [3]. Group 3: Industry Trends and Future Outlook - The industry is expected to continue shrinking, with estimates suggesting a further reduction of around 20%, stabilizing the number of small loan companies at approximately 4,000 to ensure effective service in inclusive finance while promoting high-quality development [6]. - The industry has faced challenges such as weak risk control and high borrowing thresholds, which have led to regulatory scrutiny and penalties for non-compliance [6].
小贷机构持续“瘦身”：10年锐减近4000家，11万从业大军缩至4万
Di Yi Cai Jing·2025-08-03 12:10