Baxin Bank is an internet bank jointly launched by CITIC Bank and Baidu, approved by the CBRC and then officially opened on November 18, 2017. If the loan lender shows CITIC Baxin Bank, in that case the loan platform for borrowing is Baxin Bank. There is also the fact that the consumer credit product launched by Baxin Bank is good will spend, with a maximum credit limit of 200,000 yuan, supporting repayment as you borrow.

Baxin Bank introduction:

Baxin Bank (full name "CITIC Baxin Bank Co., Ltd.") was established in 2017, by the CITIC Bank and Baidu jointly initiated the establishment of the State Council, the State Council approved, the China Banking and Insurance Regulatory Commission dominated the establishment of the first state-controlled Internet bank.

Positioned as an AI-driven digital inclusive bank, Baxin Bank carries the mission of being a testing ground for the transformation and development of China's banking industry, and is committed to exploring fintech and open banking innovations through technologies such as artificial intelligence, big data, and cloud computing, and has twice been selected for the Central Bank's Supervisory Sandbox Innovation Project, and has been awarded the AAA main long-term credit rating for three consecutive years.

Baixin Bank's business covers consumer finance, wealth management, automobile finance, small and micro finance, and financial peer-to-peer, etc. It has successively released digital financial products such as Goodwill Flowers, Wallet Plus, Baidu Flash Payment Card, Baixin Car Loan, Baixin Commercial Loan, Baixin Loan, and Baixin Ticket Sticker.

On May 22, 2020, the official website of the CBRC announced that the application for capital increase and shareholders' qualification of CITIC BITTEN BANK LIMITED (hereinafter referred to as "BITTEN BANK") was approved. After this capital increase, the registered capital of Baxin Bank will increase to 5.634 billion yuan.

On October 13, 2020, Baxin Bank released its new credit service brand, Good Club Flower, and joined hands with Happy Mahua to stage the first live comedy product launch in the financial circle on Shutterstock and Weibo.

On April 8, 2021, Baxin Bank announced its new smart auto finance brand and launched two products, "Hundred Car Loan" and "Hundred Business Loan".

In November 2020, the CBRC formally approved the capital increase and expansion plan of Baxin Bank, agreeing to introduce the Canadian pension fund as a new strategic investor." Let the people enjoy a simple and trustworthy financial life", this is the mission of our development.