Creditinfo selected to operate the first credit bureau in Azerbaijan

After an extensive selection process spanning over 2 years, Azerbaijani Credit Bureau Executive Committee members, representing 14 key financial and credit institutions in the country, announced the selection of Creditinfo as technical partner and majority shareholder to implement and operate the first credit bureau in the country.

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Creditinfo Volo signs service delivery contracts with Credit Bureau in Burkina

Click here for this Press Release in French

Under the Aegis of the National Direction of BCEAO of Burkina, and in the presence of Professional Associations of Banks, Financial Institutions (ABPEF) and decentralized financial systems (APSFD) Burkina, a contract signing ceremony was held on 15th July 2016 between Credit Bureau (BIC) of the WAMU, Creditinfo Volo, and the 23 institutions subjected of Burkina, among them, 13 banks, 4 financial Institutions and 6 large-sized decentralized financial systems (cf. list in appendix). Continue reading »

Collateral Delivery for Iran

On the last day iof May, our colleagues from Creditinfo Solutions successfully installed a Collateral Registry System to the testing environment of Iran Credit Scoring (ICS). In the following days of their trip to Tehran, the team reviewed the system with business and technical representatives of ICS discussing what should be adjusted in the up coming month, prior to an important presentation for the Banks takes place. From left to right are Mahdi (ICS), Hossein (ICS), Jarda, Petr, Karel, Mohammad (ICS), Martin and Mustafa (ICS).

Creditinfo created legal precedent in Lithuania to use Big Data in scoring

Supreme Administrative Court of Lithuania ruled out a progress decision in Lithuania allowing to use social data, like Facebook, for creditworthiness. That decision is an important step forward easing the way to develope prediction scores based on Big Data.

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PMA aims for better credit allocation with upgraded scoring system

After a number of year of cooperation, Creditinfo have developed a new version of the Scoring Model for PMA.

Read more in the article by Daniel Hinge, Author for CentralBanking.com below

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Creditinfo Kenya and HELB partnership launch

Joint Press Release by HELB and CreditInfo CRB Kenya Ltd –  Nairobi 4th February 2016

HELB and CIKThe Higher Education Loans Board (HELB) together with the Creditinfo CRB Kenya Ltd (CIK) have launched strategic a partnership that aims to support HELB to make faster, better and more informed credit decisions, champion responsible lending, promote financial inclusion and facilitate expansion of credit to the education sector. The partnership will be a first of its kind in Kenya meaning that HELB can use credit scoring and other Creditinfo CRB systems and services to lend to mature students who may already be employed and who have credit profiles at the CRB. Continue reading »

We're now in Morocco

 morocco

As you should all be aware, we have recently opened Creditinfo Morocco having purchased an existing company from Experian.  If not, then here is the press release.

http://chronicle.creditinfo.com/creditinfo-acquire-credit-bureau-in-morocco-from-experian/

Creditinfo acquire Credit Bureau in Morocco from Experian

Creditinfo are pleased to announce that they have entered into a definitive agreement to acquire a credit bureau operation in Morocco, from Experian.  The office is based in Casablanca, and at this stage has no intention of moving location.  Continue reading »

Central Bank of Iraq sign deal with Creditinfo

Creditinfo are pleased to announce that the Central Bank of Iraq, have signed a deal with Creditinfo, having invited international competitive bids to deliver a credit bureau solution. The establishment of a credit information bureau wil assist the lending process of financial institutions operating in the country. Continue reading »

Creditinfo and Da Afghanistan Bank sign multi year SLA

Creditinfo continues to successfully develop and grow the project for the central bank, Da Afghanistan Bank (DAB).  Earlier this month, adding to the existing project, DAB  contracted with Creditinfo a further multi-year Service Level Agreement (SLA) where Creditinfo’s expert team of programmers, analysts  and consultants, will continue to service and maintain the DAB’s credit bureau solution, CBS5.  Creditinfo’s CBS5 system is fully integrated into DABs credit information and risk management processes. Continue reading »