Finnfund and Creditinfo jointly promote economic and social development in developing countries

FINNFUND logoFinnfund, a development finance company owned by the Finnish state, has provided Creditinfo, an international provider of credit information and risk management solutions, with long-term credit financing of 2.4 million euros to promote financial inclusion and boost economic growth in East Africa. Continue reading »

Creditinfo Georgia: A decade of great teamwork, entrepreneurship and vision

Creditinfo Georgia, the only active Credit Bureau in Georgia, was established in February 2005 and is now celebrating 10 years of successful business growth. A celebration for more than 100 customers, shareholders and partners was held at the Rustaveli Theatre in Tbilisi, Georgia. Continue reading »

"Strongest in Iceland" in its 5th year!

20150204-_14A9305Creditinfo Iceland held the “Strongest in Iceland” event on February 4. This was the fifth successful year of Strongest in Iceland. The day started off with a conference for approx. 130 key customers in Iceland, including two international speakers and three Icelandic speakers discussing the benefits of good data in business decisions, more specifically to score customers.

Afterwards, the venue held at the Harpa concert hall was transformed into an awards ceremony party, where 600 people from Iceland’s strongest companies celebrated.

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Milestone moment for Guyana

Credit Report for Risk Management Used for the First Time in Guyana

Financial history was created on January 21st, 2015 as the Institute of Private Enterprise Development Ltd (IPED) became the first lending institution in Guyana to use credit data on a prospective borrower to support their risk management mechanisms and to aid the decision making process for credit applications.  Continue reading »

Creditinfo VoLo has been selected to manage the Private Credit Bureau (PCB) in the West African Monetary Union (WAMU)

Creditinfo VoLo is pleased to announce the result of the recent consultation launched by the Central Bank of West African States (BCEAO) about the establishment of a private credit bureau (PCB) within the eight (8) member states of West African Monetary Union (WAMU). BCEAO issued a tender for the selection of a strategic and technologic investor on the 29th of April 2014 in order to create, operate and manage a regional private credit reporting system that meets the international standards for the eight (8) member states of WAMU. Continue reading »

Creditinfo supports PEFINDO Biro Kredit to become the largest Credit Bureau in Indonesia

Having obtained a principal license last August, the Indonesian biggest and oldest credit rating agency, PT Pemeringkat Efek Indonesia  (PEFINDO), recently announced their expectation to obtain an operating permit for its subsidiary, PT PEFINDO Biro Kredit (PEFINDO Credit Bureau), to operate as a Credit Information Management Bureau (LPIP). The issuing government authority, Financial Services Authority (OJK), will hopefully issue the licence in the second half of 2015.

After an extensive selection process, PEFINDO Biro Kredit has signed an exclusive long term partnership contract with Creditinfo earlier this month to provide a credit bureau solution and support of their Credit Bureau operations.  Creditinfo will provide PEFINDO Biro Kredit with its modular credit bureau solution, CBS5.  PEFINDO’s President Director, Ronald T Andi Kasim explained, “The company (PEFINDO Credit Bureau) will provide more comprehensive credit-risk profiles of debtors and credit-rating information about individuals to banks and other financing bodies, utilising the credit-rating information system provided and practiced by Creditinfo. We are currently preparing the company’s IT system and human resources, which are expected to be completed in the first quarter of next year.  Afterwards, we expect to obtain the permit in the second quarter of next year, so that operations can be started in the third quarter.” Continue reading »

Out with the old and in with the new

The offices of Creditinfo Solutions in Prague, Czech Republic are currently undergoing a major refurbishment to enhance the working environment for our employees. Creditinfo staff are highly valued and we want to ensure that they look forward to coming to work each day by improving their working conditions.  We are investing in improving our facilities to boost morale and to create a work space that will promote more ideas, creativity and innovation throughout the team.

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“Queen of the Slum” visits Creditinfo Iceland

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Lucy Odipo, better known to most as “Mama Lucy” or the “Queen of the Slum”, is a truly amazing woman. Mrs. Odipo is the initial founder of The Little Bees Children Self Help Group and currently serves as Director. A Kenyan national, Mrs. Odipo has played a vital role in establishing vital projects in Nairobi, such as The Little Bees School a Nursery School & Daycare to provide critical care and support for deprived children.. Through the school and related projects , Mrs.Odipo and her team provide much needed education and help to individuals and families to access medical care and to secure shelter.

Lucy lives amongst the 500,000 inhabitants of the slums of Mathare in Nairobi, Kenya. Most of the people live in tiny, one-room homes made from whatever materials they can find. Conditions are dismal with sewage and trash flowing through the streets along with crime, sickness and death running rampant. There are no government services like water or electricity. Continue reading »

Brynja on the run in Berlin

brynjaCongratulations to Brynja Baldursdottir, Head of Sales and Product Development, Creditinfo Iceland. 

Brynja recently ran the Berlin Marathon finishing in just 4 hours and 3 minutes.   She was so fast that the winner got scared and set a new world record in a marathon.  At a course know for producing fast times, Kenyan runner Dennis Kimetto ran 26.2 miles a full 26 seconds faster than ever before with a time of 2 hours, 2 minutes and 37 seconds.   Way to go, Brynja!

Having fun in Prague!

laser_gameHot off the press!  The Creditinfo Solutions team felt like shooting each other ….so they did!  LOL :o) – don’t worry, only with lasers! Glad to see they are all smiles.  It looks a fun night out!