Hyundai Capital

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 IncreaseKRW 3,331 bn (2011)
IncreaseKRW 659 bn (2011)
IncreaseKRW 507 bn (2011)
Website 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 US, Canada, China, Europe, Russia, and Brazil – to provide auto financing support for Hyundai and Kia Motors.

History

1993.12 Founded Hyundai Auto Finance Co... Ltd.

1995.04 Changed company name Hyundai Financial Services Co., Ltd.

1999.01 Changed company name Hyundai Capital Services. Inc.

2001.07 Started auto-lease business

2004.10 Hyundai Capital-GE Capital formed 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 wons '2015 Adam Smith Award of Treasury Today' for top treasury team

See also

External links

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