PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: CRIF

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

CRIF Establishes A Full-fledged Credit Bureau in Jordan - CRIF announced today that it has obtained an operational license from the Bank of Jordan to establish the first credit bureau in the country. The tender was issued by the Bank of Jordan with the strong backing of the country’s banking association
CRIF Establishes A Full-fledged Credit Bureau in Jordan

 

NewswireToday - /newswire/ - Bologna, Italy, 2015/03/24 - CRIF announced today that it has obtained an operational license from the Bank of Jordan to establish the first credit bureau in the country. The tender was issued by the Bank of Jordan with the strong backing of the country’s banking association.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

CRIF, a global company providing credit information services, credit and software solutions, announced today that it has obtained an operational license from the Bank of Jordan to establish the first credit bureau in the country. The tender was issued by the Bank of Jordan with the strong backing of the country’s banking association, lending organizations and the Government.
The Bank of Jordan selected CRIF as a strategic partner thanks to its proven track record in the development of credit information systems worldwide.

The credit bureau platform system developed by CRIF will gather positive and negative credit information on individuals and businesses from eligible Jordanian lending institutions, banks, microfinance organizations, telco, and retailers.
Moreover, as part of the goal to establish a world-class credit bureau and support the development of the local economy, CRIF became the major shareholder, acquiring 76% of shares.
The CRIF credit bureau, compliant with international quality standards, will manage credit information sent by Jordanian organizations through an advanced technology platform, which will integrate all data on the reliability of a credit applicant into a single report.
After a detailed test phase, the credit bureau will be fully operational by the end of 2015.

This increased sharing and centralization of credit information from different entities will facilitate access to credit for more businesses and consumers by improving the lending process and reducing default rates and risks of overindebtdeness, as well as promoting responsible lending practices.
Despite the recognized advantages of a local credit bureau, CRIF will be able to help Jordanian players effectively improve credit risk management and develop a more efficient lending market from which both lenders and borrowers will benefit.
Additionally, CRIF will also develop added-value services that will be fully integrated with the credit bureau system, providing customized credit bureau scores to streamline the customer creditworthiness assessment.

Enrico Lodi, Credit Bureau CRIF Credit Bureau General Manager said “CRIF is very happy to participate in the implementation of the first credit bureau in Jordan. This project reflects our interest in the Middles East and strengthens our presence in the region. Our successful experience in delivering similar solutions in other countries make us confident that significant advantages will also be provided to Jordan’s economic system and sustain the financial needs of businesses and consumers.”

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: CRIF

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


CRIF Establishes A Full-fledged Credit Bureau in Jordan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - CRIF.com 
+39 0514176111 communication[.]crif.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any CRIF securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From CRIF / Company Profile


Read Software Most Recent Related Newswires:

Noble Composer v11 Upgrades Agent Efficiency
Oracle Buys Apiary
Xactly Introduces Commission Expense Forecasting Solution for Finance
LogiNext, a Jack Ma Funded Company Enters Indonesia's Booming Logistics Market
RNSS Celebrates 20 Years As A SYSPRO Partner
NAKIVO Announces Support for vSphere 6.5 and Adds Skip Swap File in the Upcoming v7
SKECHERS Uses Oracle to Localize Assortments As They Grow Their Retail Presence
Metatron, Inc. Announces Strategic Move into the Areas of Mobile Encryption, and Virtual Reality for its Mobile Development Business
Belk, Hot Topic and Torrid Choose Oracle Retail Stores Solutions to Unify Brand Experiences
Infor Continues Significant Growth in Retail
Infinera Transforms Subsea Networks to Cloud Scale with New DTN-X Platforms
Crate and Barrel to Transform its Retail Experience in the Cloud with Infor
Ricardo Eletro Reduces Operational Cost by 40m Brazilian Reais per Month with Oracle Retail
Babbobox and Clevertime-Consulting, LLC Announce Strategic Partnership for EU Market
Ermes Group Selects IBM Cloud-Based Pricing to Engage Customers with Timely In-Store Sales

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)