3.1.3 lack of personal credit institutions
Client's financial assets not only the main proportion of liabilities are the rapid rise, especially in the wake of domestic consumer credit business continued to expand, customers have been made to the bank and how the assets and liabilities in the balance between the search and takes into account the risks and income. At present, China still lacks a complete set of norms of individual credit system, which to a large extent restricted commercial banks in particular, Personal Financial Services personal consumer credit business, a major bottleneck. The lack of credit system will lead to the banking and information asymmetry among the residents. To avoid the risk of bad debts and reduce the possibility of loan losses, banks are in the process of personal financial management operations are generally more stringent provisions of the development, business development is more cautious on credit customers a more detailed review. This has considerably reduced in the individual supply of consumer credit business, which also has hampered China's Commercial Banks, Personal Financial Services's rapid development.