14
Aug

Almar’s Monthly

v

Why are we holding a Global Forum?

Working together with different organisations within the industry from a wide ranging number of countries, enables us to better design, integrate and implement strategic solutions to improve credit risk management procedures worldwide.

This cooperation with key stakeholders on a global basis provides us with indispensable knowledge and information, as well as local specifics, to better tailor our products and services.

We believe that our small part in developing the financial infrastructure in various countries contributes to the welfare of its inhabitants.  We want to help people and small companies to get access to funding, and successively facilitate economic growth and a better standard of living for all.

Jointly, we can further positively impact financial inclusion and poverty reduction, by the implementation of improved credit bureau solutions.

Only about half of the world’s population has access to financial services, which is why Creditinfo continues to focus its efforts on establishing Credit Bureau and providing credit information and risk management solutions worldwide. Creditinfo’s CBS5 and other solutions enables lenders to make better informed decisions to provide credit and financial services to a wider customer base.

With our many years of experience in establishing and managing credit bureaus, particularly in emerging markets, we have acquired a deep understanding, that access to finance is unequally spread across regions, countries, income levels and gender.

We have also witnessed how Credit Bureaus can play a critical role in reducing inequality, creating financial inclusion and in supporting economic growth.  Through the exchange of information, credit reporting systems can be established to enable financial systems to use accurate information to offer credit based on objective criteria. The result is lower risk and costs for the creditor and increased economic opportunities for SMEs and members of society and especially for those at the bottom of the financial pyramid.

Having a credit reference bureau is necessary to enable lending institutions, banks, microfinance institutions and other lenders, to practice responsible lending. By improving access to finance for both consumers and companies, as such, this becomes a catalyst for economic growth, providing an improved outlook and quality of living.

The Creditinfo Global Forum will host 175 of some of the world’s most influential finance and credit industry people for 2 nights & 2 days in Istanbul, Turkey, from Wednesday, 16th September 2015 to Friday, 18th September 2015,  enabling each attendee to contribute and cooperate on a worldwide basis.

We have registered attendees from 52 countries, a good mix of current partners, potential partners and people from various government agencies.  The number of attendees really demonstrates how visible Creditinfo has become globally as an established partner in our market place.

Almar