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Global
Credit Bureau Program (GCBP) News
Lebanon: IFC Supports Development of
Private Credit Bureaus — IFC, Visa International,
and the Association of Banks in Lebanon held a roundtable to share international
best practices for developing private credit bureaus, L'Orient Le Jour
reports. IFC Country Officer Julia Brickell said, "Credit bureaus
are a crucial building block that enable greater access to finance for
both individuals and small businesses, thus inducing healthier financial
systems. This workshop is yet another major step toward meeting this need
in the country.’’ Related stories, Al Liwa, Al Mustaqbal,
Annahar, Al Balad, Al Akhbar.
Next
Generation Access to Finance: Gaining Scale and Reducing Costs with Tecnology
and Credit Scoring (September 17-19, 2007, Washington DC)
— IFC's Global Credit Bureau Program (GCBP) and CGAP, in collaboration
with Visa International, organized a three-day conference to raise global
awareness on the importance of new technologies and credit reporting in
access to finance, featuring speakers from well known microfinance institutions,
technology providers, policy makers and donors. The conference also hosted
a trade fair showcasing latest innovations and products from leading technology
and credit information providers in the field. Click here
for more information on conference details. Conference materials, including
speaker presentations and conference proceedings will also be made available
shortly on this website. To read the latest press release on the event,
please click
here.
Give Credit Where Credit
Is Due: BBL on April 24, 2007—featured presentations
by guest speakers from the Political and Economic Research Council and
Brookings Institute. The discussion was based on the Political and Economic
Research Council's recent publication on the use of non-traditional and
alternative data to bridge the lending information gap to sectors that
are generally excluded from traditional credit lines. For access to full
text of the paper click here.
Pakistan:
IFC Supports Development Of Local Credit Bureau Services—IFC
PEP-MENA will assist Datacheck, Pakistan's leading consumer credit bureau,
to develop credit bureau services in order to provide local lending institutions
with the latest tools to manage credit risk, the Business
Recorder reports. IFC Director Michael Essex said, “It is …
essential that the market has timely and accurate information to help
it make more informed consumer credit decisions and adopt proven lending
practices.” Related stories, Pakistan Observer, Dawn, Frontier Post,
Statesman, Daily Times, News International, Pakistan Times, Daily Jang.
For further information on the Global Credit Bureau Program, contact:
Ghada
Teima | T: 202.458 0716
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