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BIIA Welcomes the Credit Reference Center, People’s Bank of China as a New Member

Credit Reference Center PBOC ChinaBIIA is pleased to announce that the Credit Reference Center, the People’s Bank of China (CCRC) has joined the BIIA – Business Information Industry Association as a new member.

The Credit Reference Center, the People’s Bank of China (CCRC) was established in March 2006. Its mandate is to establish, operate and maintain the national centralized commercial and consumer credit reporting system in China.

CCRC collects a comprehensive array of credit information about enterprises and individuals. As of the end of 2013, the system covered over 840 million consumers and 19 million enterprises and other organizations.

CCRC offers consumer and commercial credit report, and value-added credit reporting services that help the financial sector to manage credit risks. It collects data and provides service to more than 1200 banking and financial institutions, including all licensed financial institutions by China’s banking regulatory body, insurance companies, and many micro-finance institutions, etc.

To know more about the Credit Reference Center, the People’s Bank of China, please visit their website at : www.pbccrc.org.cn

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