Writer: adminsp
Translator: adminsp
July 20, 2007 13:47 Beijing Time
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On July 17, the Beijing Branch of Industrial and Commercial Bank of China (ICBC) released the personal information of university graduates who have not repaid their student loans, sparking a heated debate among netizens. The announcement included the names, ID numbers, contact information of more than 1,411 university graduates and the amount each of them owed. The total amount of the unpaid debts is around 18,575,900 yuan, including interest. The largest single debt is around 30,000 yuan, while the lowest is several hundred. The majority of the listed graduates owe more than 7,000 yuan to the bank.ICBC has already handed over the credit records of these new graduates to the central bank's credit system and urged these debtors to contact ICBC as soon as possible. Mu Lehua, general manager of the department of personal credit at ICBC's Beijing Branch, said that the bank couldn't find these listed people because they had changed their contact details. "...

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