Accruals and Other Current Liabilities

12 Months Ended

Dec. 31, 2023

12. ACCRUALS AND OTHER CURRENT LIABILITIES


	As of December 31,
	2022		2023
	(RMB in thousands)
Guarantee derivative liabilities at fair value (Note 9)		861,304		1,357,601
Funds payable to Institutional Funding Partners (i)		382,545		1,071,301
Tax payable		746,563		869,529
Accrued payroll and welfare		400,886		392,176
Accrued risk management fees		186,331		220,279
Accrued marketing expenses		130,937		150,927
Other accrued expenses		65,557		83,381
Amount due to third party sellers		102,613		80,099
Other payables		24,916		67,348
Accrued professional fees and outsourcing fees		61,604		59,668
Short-term leasing liabilities		50,747		40,942
Deferred service fees		31,112		36,614
Accrued interest payable		12,354		4,389
Total accruals and other current liabilities		3,057,469		4,434,254

(i)

The payable balances mainly include repayment received from Borrowers but not yet transferred to accounts of Institutional Funding Partners due to the settlement time lag.