At present, the main functions of credit card in the construction of credit information system are as follows: first, financial institutions use credit card code as the identity of enterprises to submit and query enterprise credit information; Secondly, they collect the basic information of the enterprise through the credit card during the annual issuance and annual review.

So will the cancellation of the loan card affect the operation of the credit information system? The credit center has long been prepared for this, except for the credit card code. As early as last year, the People's Bank of China began to study the establishment of an institutional credit code system, assigning a unique and lifelong credit code to each institution that opened a basic deposit account in a commercial bank, and establishing a corresponding relationship with other commonly used institutional codes. It has multiple functions such as institution identification, query and search, information collection and so on. By the end of the year, the issuance of institutional credit codes has basically achieved full coverage, accumulating to 1 10,000 institutions. At the same time, the agency credit code was released, and the system was promoted nationwide in March. The credit information center has gradually applied the agency credit code to the construction of the credit information system, playing a role similar to a loan card. Basic deposit account Sino-Singapore institutions can apply to banks when opening basic deposit account, that is, institutions that have opened basic deposit account before March can apply to banks in basic deposit account. As of March, the amount of institutional credit codes issued was 10000.