Baihang Credit Becomes Only Credit Agency in China to Hold Both Personal and Enterprise Credit Licenses


On 13 July the Shenzhen office of the People’s Bank of China (PBOC) announced that it had completed filing to allow Baihang Credit (百行征信有限公司) to undertake enterprise credit operations.

The move makes Baihang Credit the only credit agency in China to hold licenses to engage in both personal and enterprise credit rating operations.

Bai­hang Credit (百行征信) is Chi­na’s first li­censed per­sonal credit agency, and op­er­ates un­der the su­per­vi­sion and guid­ance of the Chi­nese cen­tral bank.

The agency was established by the National Internet Finance Association of China (NIFA) on 19 March 2018 in conjunction with eight other parties including Sesame Credit (芝麻信用) – a wholly invested subsidiary of Ant Financial, and Tencent Credit (腾讯征信).

As of the end of 2019 Baihang Credit had gathered credit information on 140 million people, including over 38 million P2P borrowers, and had amassed over 1.8 billion individual credit records.

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Bai­hang Credit (百行征信)