News

Bologna (Italy), March 26, 2020

CRIF Ratings affirms Campari’s “BBB/Stable” unsolicited long term issuer rating

The rating is assigned by CRIF Ratings on an unsolicited basis, without the participation of the rated entity and relying only on publicly available information.

Zurich, March 2020

CRIF Study of the Construction Industry in Switzerland: a reduction in growth for the first time for 5 years

CRIF AG has taken a look at the progress of the construction industry over the past five years. For the first time during these five years, more companies have closed their doors than have been established in the construction industry, resulting in an overall reduction of 748 businesses.

Bologna (Italy), March 19, 2020

Covid-19 emergency: €15 billion needed over the next three months for cash-strapped Italian SMEs

The ongoing health emergency in Italy over the next three months will have an impact on the working capital (or cash flow) of SMEs estimated at between EUR 10 and 19 billion out of a total of EUR 342 billion in trade receivables and payables. The alarm has been raised by the first Working Capital Observatory created by CRIBIS, a CRIF group company specializing in business information, and Workinvoice, the first Italian digital invoice trading platform.

Krakow, March 11, 2020

CRIF named Financial Brand of the Year 2020 in Poland

The weekly newspaper "Gazeta Finansowa”, in its issue of March 6–12, presents the “Golden Hundred” ranking of the 100 largest financial institutions in Poland and awards the accolade of Financial Brand of the Year 2020. Our brand was among the group of recognised companies, receiving the award in the business information category.

Krakow, March, 2020

CRIF supports social projects organized by secondary school pupils in Poland

In 2020, CRIF has decided to sponsor projects organized in Poland by secondary school pupils dedicated to the removal of barriers and levelling of educational opportunities.

March, 2020

The 5 Ws of Open Banking, starting with W for Who. Find out WHO has already chosen CRIF’s open banking solutions in Italy

What do Prestiamoci, Credimi and MotusQuo have in common? They have all chosen the open banking solutions powered by CRIF.

Nassau, January 24, 2020

The first private credit bureau in the Bahamas is ready for take off

CRIF presented the onboarding process for Credit Information Providers, which will allow the credit bureau to be up and running by the end of 2020.

Pune (India), February, 2020

India, sharp rise in MFI delinquency rate in Assam in Q3

Early delinquency among micro-lenders in Assam (India) shot up eight-fold over the national average, leading to a 50% growth in delinquency across the country in the December quarter. While at a national level, the micro-loan book recorded a 8.5% growth, the northeastern region witnessed a 3% de-growth.

Hamburg, February 27, 2020

Lowest number of corporate insolvencies in Germany in 2019

CRIF BÜRGEL expects an increase in company bankruptcies to 19,500 cases in 2020.

Hamburg, February 27, 2020

CRIF BÜRGEL is a new member of the financial centre initiative Frankfurt Main Finance

Frankfurt Main Finance has been the leading financial center in Germany and the Euro zone since 2008.