Capital markets

Thanks to the innovative tool (CLARA), banks that query the local credit bureau to get agri-lending products will receive a fully comprehensive report, including a new section that will support both the lender and the farmer in assessing the sustainability of the credit application.

An analysis by the information service provider CRIFBÜRGEL shows that in the period from August to November 2018, the number of German agricultural companies at risk of insolvency rose by 11.1 percent.

CRIFBÜRGEL has conducted a study about the representation of women in management positions in Germany.

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.

The establishment of a fully-fledged credit bureau will create new opportunities to increase credit access to businesses, allowing them to obtain more favorable credit conditions. On the other side, it will help consumers to access loans reducing the risk of discriminatory lending practices.