Creditinfo Lithuania presented Property Value app for World Bank
Creditinfo was invited by Centre of Registers to present for World bank delegation first application in Lithuania for pledged property value.
State owned Centre of Registers invited Creditinfo CEO Andrius Bogdanovičius to present application as a good example of public-private partnership (PPP). Creditinfo developed tool is located at Centre of Registers server. Therefore a customer, usually a bank, benefits from direct access to the database and the highest performance.
Close cooperation with Centre of Registers gives common advantages. All data used in application stays at registry’s warehouse that guarantees safety for public data. Also, public registry receives higher revenues from public-private partnership.
World bank visit had the purpose to collect Lithuanian practice in land management, land policy and it’s administration in order to share good practice examples with third countries. Therefore, Creditinfo application could be presented as good example as well