Creating Financial Infrastructure in a Large Transition Economy – Lessons from China’s New Credit Bureau

Paramanathan, Prashan; Huang, Lin

collection.link.181	https://openknowledge.worldbank.org/handle/10986/9412
collection.name.181	IFC SmartLessons
dc.contributor.author	Paramanathan, Prashan
dc.contributor.author	Huang, Lin
dc.date.accessioned	2012-08-13T12:05:41Z
dc.date.available	2012-08-13T12:05:41Z
dc.date.issued	2009-04
dc.date.lastModified	2021-04-23T14:02:51Z
dc.description.abstract	International Financial Corporation (IFC) and the World Bank have in recent years promoted the implementation of credit bureaus as a way of improving access to finance for both individuals and businesses. In 2003, no such structure existed for consumer credit information in China. Not only was access to financing reduced, but the quality of the entire lending industry was also affected nonperforming loans represented a significant proportion of the portfolio, risk management practices were weak, and loans were poorly monitored. However, as this smart lesson describes, creating financial infrastructure such as a consumer credit bureau in large countries presents a unique set of challenges.	en
dc.identifier	http://documents.worldbank.org/curated/en/2009/04/10618006/creating-financial-infrastructure-large-transition-economy-lessons-chinas-new-credit-bureau
dc.identifier.uri	http://hdl.handle.net/10986/10567
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	IFC Smart Lessons Brief
dc.rights	CC BY-NC-ND 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subject	ACCESS TO FINANCE
dc.subject	ACCESS TO FINANCING
dc.subject	ADVISORY SERVICES
dc.subject	BANK OFFICIALS
dc.subject	BANKING SYSTEM
dc.subject	BANKS
dc.subject	BEST PRACTICE
dc.subject	BUSINESS INFORMATION
dc.subject	CENTRAL BANK
dc.subject	COMMERCIAL BANKS
dc.subject	CONSUMER
dc.subject	CONSUMER CREDIT
dc.subject	CREDIT BUREAU
dc.subject	CREDIT BUREAUS
dc.subject	CREDIT EXPERIENCE
dc.subject	CREDIT INFORMATION
dc.subject	CREDIT INFORMATION SYSTEM
dc.subject	CREDIT REPORTING
dc.subject	DEVELOPING COUNTRIES
dc.subject	FINANCIAL INFRASTRUCTURE
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL SERVICES INDUSTRY
dc.subject	INFORMATION SERVICES
dc.subject	INFRASTRUCTURE DEVELOPMENT
dc.subject	INFRASTRUCTURE PROJECTS
dc.subject	JOINT-STOCK COMPANY
dc.subject	LARGE BANKS
dc.subject	LENDER
dc.subject	LENDERS
dc.subject	LIQUIDITY
dc.subject	LOCAL INSTITUTIONS
dc.subject	MEDIUM ENTERPRISE
dc.subject	MICROFINANCE
dc.subject	NEW CREDIT
dc.subject	NONPAYMENT
dc.subject	NONPERFORMING LOANS
dc.subject	PORTFOLIO
dc.subject	PRIVATE CREDIT
dc.subject	PRIVATE CREDIT BUREAU
dc.subject	PRIVATE ENTERPRISE
dc.subject	PROSPERITY
dc.subject	REPUTATION
dc.subject	RISK MANAGEMENT
dc.subject	SAVINGS
dc.subject	STAKEHOLDERS
dc.subject	TRANSITION ECONOMY
dc.title	Creating Financial Infrastructure in a Large Transition Economy – Lessons from China’s New Credit Bureau	en
okr.date.disclosure	2012-01-17
okr.doctype	Publications & Research :: Brief
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/2009/04/10618006/creating-financial-infrastructure-large-transition-economy-lessons-chinas-new-credit-bureau
okr.globalpractice	Finance and Markets
okr.globalpractice	Trade and Competitiveness
okr.googlescholar.linkpresent	yes
okr.identifier.externaldocumentum	000333038_20090601023448
okr.identifier.internaldocumentum	10618006
okr.identifier.report	48678
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/06/01/000333038_20090601023448/Rendered/PDF/486780BRIEF0IF10credit0bureau1FINAL.pdf	en
okr.region.administrative	East Asia and Pacific
okr.region.country	China
okr.topic	Finance and Financial Sector Development :: Debt Markets
okr.topic	Private Sector Development :: Emerging Markets
okr.topic	Finance and Financial Sector Development :: Access to Finance
okr.topic	Finance and Financial Sector Development :: Bankruptcy and Resolution of Financial Distress
okr.unit	China Proj. Dev. Fac - CPDF (CEACF)
okr.volume	1 of 1

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