Capital markets

Personal insolvency proceedings in Germany were reformed on July 1, 2014. Since the reform came into effect, 7.4 percent of those affected have been able to reduce residual debt discharge to three years.

CRIBIS Credit Management has obtained the Fitch Rating for Special Servicer activities in relation to NPL management.

CRIF Decision Solutions has launched Cyber Check to provide small and medium size enterprises with an economically viable service to allow them to rapidly identify their cyber risk vulnerabilities. 

In order to support the evolving needs of original equipment manufacturers (OEMs) and car dealers in a rapidly changing environment, BNP Paribas Personal Finance and CRIF S.P.A. have developed a scalable, end-to-end credit platform designed at a HQ level, deployed in 14 countries and serving around 7000 BNP Paribas Personal Finance car dealers.

As a European entity registered in the UK, CRIF is now the first company across Europe authorized to offer a new suite of services helping customers and companies benefit from the Open Banking initiative, with the PSD2 Passport issued in other 20 European countries.

Marking another important milestone in the development of the financial sector, the Autoriti Monetari Brunei Darussalam selected CRIF as its strategic partner to develop a world-class credit bureau in Brunei.