The Beijing branch of the Industrial and Commercial Bank of China (ICBC) has published a blacklist of more than 1,200 college graduates who have delayed paying back their students loans for at least a year, the Beijing Morning Post reported on Thursday.
The list was published on the China Higher-education Student Information website. It was later quoted by many other websites and online forums. The bank has attached the students' names, ID card numbers, and contact information with a debt collection notice.
The report said the students owe the bank more than 37 million Yuan, or nearly 5 million USD, in total. All of them have delayed reducing their debt for at least 12 months.
The bank says it has delivered the records to the personal credit reporting system of the People's Bank of China. It means those people can't apply for a loan from any banks in China before clearing their debt.
Last December, the Guangzhou branch of the ICBC bank also published online a list of student loan hogs. |
About Us 
