Hyundai Capital
 | |
| Industry | Consumer Finance |
|---|---|
| Founded | 1993 |
| Headquarters | Seoul, South Korea |
Key people | Tae Young (Ted) Chung, CEO |
| Products |
New Car Financing Used Car Financing Auto Lease Personal Loan Mortgage |
| Revenue |
 KRW 1,963.9 bn (2015 3Q) |
|
KRW 300 bn (2015 3Q) | |
|
KRW 244.9 bn (2015 3Q) | |
| Website | https://www.hyundaicapital.com |
Overview
Established in 1993, Hyundai Capital is South Korea’s No. 1 provider of consumer financial products, including auto financing, auto leasing services, personal loans, and home mortgages. The company is a financial service unit of Hyundai Motor Group. Hyundai Capital has expanded to overseas markets – including the U.S., Canada, China, Europe, Russia, and Brazil – to provide auto financing support for Hyundai Motor Company and Kia Motors.
History
1993.12 Founded Hyundai Auto Finance Co., Ltd.
1995.04 Changed company name to Hyundai Financial Services Co., Ltd.
1999.01 Changed company name to Hyundai Capital Services. Inc.
2001.07 Started auto-lease business
2004.10 Hyundai Capital-GE Capital formed a joint venture
2005.01 Established professional volleyball team ‘Cheonan Hyundai Skywalkers’
2008.10 Acquired international standard ‘ISO 27001’ certification in information security management system
2009.09 Established Hyundai Capital Germany (HCG)
2010.05 Established Hyundai Capital Europe (HCE)
2010.07 Launched credit loan-Direct Loan
2011.11 Launched car secured loan
2012.02 Established Hyundai Capital UK (HCUK)
2012.06 Established Beijing Hyundai Auto Finance (BHAF) in China
2012.06 Achieved Fitch credit rating of BBB+
2012.07 Achieved RAM credit rating of AAA+
2012.09 Achieved JCR credit rating of A+
2012.11 Established Hyundai Capital India (HCI)
2013.05 Established Hyundai Capital Brazil (HCB)
2013.07 Completed Skywalkers multi-base camp ‘Castle of Skywalkers’
2013.12 Hyundai Capital America (HCA) received best ranking in JD Power’s Auto Finance Customer Satisfaction Survey
2014.01 Hyundai Capital UK became the first Korean finance company to issue ABS
2014.04 Established Hyundai Capital Canada (HCCA)
2015.01 S&P raised credit rating to A-
2015.03 HCA signed a partnership agreement with CCCS-OS(CSR organizations in U.S.)
2015.06 HCA won '2015 Adam Smith Award of Treasury Today' for top treasury team
Logo
Products
Credit Loan – Direct Loan/ MY BUSINESS loan
Housing Loan – Mortgage / Loan for Lease / u-Bogeumjari Loan of Korea Housing Finance Corporation(KHFC)
Auto Installments – New Car Installments / Used Car Installments / Direct Used Car
Car Secured – Car Secured Loan
Corporate Finance – Corporate Lease / Corporate Loan
Lease/Rental Car – Auto Lease / Long-term Rental Car / MY COMPANY Lease/Rental Car
See also
References
Loosening their ties. The Economist. November 28, 2015
Apple Buys Hyundai Bonds as Investor Pool Widens: Korea Markets. Bloomberg. Mar 26, 2014
BONDS: Hyundai Cap raises Rmb500m on Dim Sum debut. IFR Asia. August 27, 2012
Hyundai hungry for more dim sum after first bite. Euroweek. August 27, 2012
.svg.png){kind=logo}
