Credit Information

NEWS
Pilot operation of the Nationwide Personal Credit Information Database. China. Pilot operation of the personal credit information database will be launched in mid-December, 2004, offering on-line credit information inquiry service to state-owned commercial banks, joint-stock commercial banks and city commercial banks in seven cities including Beijing, Chongqing, Shenzhen, Xian, Nanning, Mianyang and Huzhou. The People’s Bank of China, January 25, 2005 

What is the biggest challenge for the credit and collection industry in your region of the world today? The biggest challenge for the collection industry is the raft of legislation and regulation.

RECENT PUBLICATIONS

IPES 2005 - Unlocking Credit - The Quest for Deep and Stable Bank Lending. Chapter Thirteen “Information Sharing in Financial Markets”. Chapter thirteen focuses on the Information sharing among banks about their borrowers which is crucial to financial markets. Publication of the Research Department of the IDB

FSI Award - 2004 Winning Paper. A Review of Credit Registers and their Use for Basel II. This essay aims to highlight the enormous potential that credit registers (CRs) possess as a key tool in the hands of supervisory authorities, and to demonstrate the as-yet untapped possibilities that will allow bank supervisors to face, with sufficient assurance of success, the new environment and challenges that will accompany the implementation of Basel II. Financial Stability Institute and Bank for International Settlements. By Carlos Trucharte Artigas, September 2004.

Redesigning Ratings: Assessing the Discriminatory Power of Credit Scores Under Censoring. This paper discusses how to assess the performance of credit ratings under the assumption that for credit data only a part of the defaults and non-defaults is observed. Fraunhofer Institut f¨ur Techno- und Wirtschaftsmathematik (ITWM).  By Holger Kraft, Gerald Kroisandt, Marlene Muller, June 2004.

Super Credit Law to Your Rescue. The consumer credit industry in South Africa is worth about R362 billion and provides credit to about 15 million consumers who are largely vulnerable to the exploits of unscrupulous credit providers. Now the government has stepped in with powerful draft legislation to protect consumers.  Personal Finance. By Charlene Clayton.  January 2005. 

EVENTS
Upcoming:

Credit Scoring and Credit Control IX. This conference will focus on topics ranging from the industry issues (like Basel ll) to the latest statistical research findings. Organized by University of Edinburgh Management School, the Credit Research Centre. Edinburgh, United Kingdom.  7-9 September 2005.

EVENTS
Past:
Latin America: Effective Credit Scoring Models and Trade Solutions for the Export Credit Department. This working seminar organized by The Global Association of Executives in Finance Credit & International Business (FCIB) on Latin America will focus on Building and Implementation of Credit Scoring Models.  Maryland, USA, January 19-21, 2005.