The Creditinfo Chronicle
For every business objective there is an answer: How to choose your scorecard?
With more than 5 years of experience and over 200 scorecards behind, our team of analytical professionals is fully focused on Scorecards development to provide you with the best predictive models for your business needs. The primary beneficiaries of Creditinfo’s scoring model developments are Credit Bureaus and Financial Institutions including banks and non-banking lenders. Debt collection agencies, telecommunication companies and other utilities providers, on-line and in-store retailers are also amongst Creditinfo’s scorecard customers. Outsource your scorecard development with us to rely on our professional experience to make better business decisions.
Written by Alexandra Aproiants
Creditinfo Academy webinar BENCHMARKING by Alexandra Aproiants
Our colleague Alexandra Aproiants from Creditinfo Solutions, Prague was recently presenting the Benchmarking solution. Benchmarking reports focus on showing trends over time that enable credit grantors to make objective strategic decisions and to fully understand the impact on the business and customer portfolio of any changes in trends, which can help to better drive credit risk, product growth and marketing strategies. In addition, the effectiveness of past strategies can be assessed highlighting any differences from industry norms and any influencing factors.
Improving Credit Risk Management in Tanzania
Creditinfo Tanzania, in cooperation with the Creditinfo Academy, recently delivered a 2 day training course in Dar Es Salaam, Tanzania entitled “Improving your Credit Risk Management through the Incorporation of Credit Bureau Solutions.”
Public and private sector credit growth and contribution in the GCC – Focusing on Qatar, KSA, UAE and Oman
Eugene McQuaid is Senior Economist for Saudi Arabia Government Investment Authority (IDI) and on Thursday 17th December 2015, he will be hosting a webinar for Creditinfo. To access it, go to the Webex meeting room. Learn more by following this link.
Creditinfo Credit Bureau confidently accepted as a core business tool by Tanzanian Banks & MFIs
Creditinfo Tanzania, the leading credit bureau in Tanzania, recently conducted a survey amongst financial and non-financial institutions, aimed at finding out the level of understanding and acceptance of credit information sharing system. It proved to be highly successful with responses from over 130 professionals representing banking, microfinance, insurance, mobile, manufacturing amongst many other sectors of the economy.
Creditinfo analyst appears on Lithuanian business daily cover
Rasa Maskeliūniėnė, Head of Credit Risk division, appeared on the cover of Lithuanian business daily flagship „Verslo žinios“.
Rasa was picked to ilustrate an article called „Bankruptcies do not show crisis“. It focus on bankruptcies statistics which has growth trend in Lithuania. Rasa is quoted at the article saying that this statistics has little with real situation in business. According to Creditinfo, segment of companies with high credit scores is increasing. Also, number of companies with lowest credit scores is decreasing.
The article also mentions that bankruptcy is predictable using complex of information: credit history, financial information, business linkages and other data. It notes that Creditinfo scores are ranging from 1 to 10 where higher score indicates higher risk.
It's time to ‘Like’ Social Scoring
Did you know, that approximately 75% of world population has thin credit profile or no credit history at all?
Continue reading »
State of the Art in Credit Risk Modeling by Prof. Bart Baesens
Watch the webinar here: https://www.youtube.com/watch?v=jCyssAKrmEk or a lower resolution version can be found at https://youtu.be/nLK0obQz1-0
Webinar Overview
Credit risk modeling is undoubtedly among the most crucial issues in the field of financial risk management. With the recent financial turmoil and the regulatory changes introduced by the Basel accords, credit risk analytics has been receiving even greater attention by the financial and banking industry. Continue reading »
Creditinfo Georgia – SME Access to Finance
By Nataliya Soldatyuk and Elene Zoninashvili
The economy is not dominated by large and multinational corporations. SME‘s are greatly responsible for economic growth and therefore an important sector to focus on. Creditinfo Georgia has invested to develop specific tools to help companies provide better, more effective decisions to enable greater access to finance for SMEs.
In Europe, for instance, 99% of businesses are small and medium enterprises, and in the same time they contribute 58 cents in every euro in economy. This situation is not specific to the Europe. Continue reading »
The benefits of monitoring and supervising your credit reports – Creditinfo Lithuania national tv coverage
Creditinfo Lithuania were interviewed on national TV News about the benefits which people receive by monitoring and supervising their credit reports. A number of representatives from Lithuanian banks were also involved. The TV reportage with English subtitles can be found here https://www.youtube.com/watch?v=Q7eInf9IX8A&feature=youtu.be Continue reading »
Do you want to increase the profitability of your business by improving your credit risk management?
If the answer is YES – we have the perfect solution for you and your teams!
Analyst from Lithuania – among TOP online data scientists
Darius Barušauskas, Analyst within the Econometric Modeling Department at Creditinfo Lithuania, has succeeded in a competition organised by the world’s largest community of data scientists, www.kaggle.com.
JOIN US for a live webinar: State of the Art in Credit Risk Modeling by Prof. Bart Baesens
| Date: | Thursday, 22nd October 2015 | Time: | 15h00 CEST |
| Location: | Webex | ||
| Topic: | State of the Art in Credit Risk Modeling | ||
| Speaker: | Prof. Bart Baesens – Professor, KU Leuven University (Belgium) and Lecturer, University of Southampton (UK) | ||
| Link to Join: | https://meetings.webex.com/collabs/meetings/join?uuid=MAYEUHT6EQ50GI4DVYS1D8JHAS-FAZL | ||
Creditinfo Academy Webinar Overview
One person can make a difference. Working together we make lasting changes.
Creditinfo working with SOS Children’s Village Lithuania
”Creditinfo take seriously what is today often called corporate social responsibility, or what others may call karma. Simply put, we believe, ’what you sow, is what you reap’. Creditinfo want to make a difference in the world, so we participate in a number of initiatives that benefit society, particularly those impacting on the communities within which we operate,” advised Mr. Reynir Grétarsson, CEO and owner of Creditinfo Group hf. Continue reading »
