With more banks offering services for inclusive finance, companies offering credit reporting systems based on big data analysis will benefit, said analysts. So, they are likely to experience fast growth on market demand as commercial banks are joining the inclusive finance market. Li Bin, CEO and president of Shanghai-based fintech company Huaxia Finance, said the size of unmet inclusive financing is "significant" because lenders often have concerns over non-performing loans. "Infrastructure for credit reporting systems remains to be completed, but it will take time. The point of inclusive finance is to be as inclusive as possible, making financing accessible to more clients without expanding risks," said Xue.

Source: The China Post August 06, 2017 19:30 UTC