The Fitch Rating for CRIBIS Credit Management, the CRIF Group company specializing in the outsourced management of collection and NPL management processes, has once again been confirmed for 2019 for its Special Servicer activities in relation to NPL management.
CRIF High Mark Credit Information Services Ltd, a leading Credit Information Company in India, unveiled its new and enhanced version of Commercial Credit Information Platform. The new platform enables the institutional users with unified access to verify the borrower and check the credit information of business entity and its promoters, thus saving time and effort for the users.
On June 21, CRIF participated in the 8th China (Guangzhou) International Finance EXPO as the strategic partner of Guangzhou Civil Finance Street Credit Bureau Co. (GZCCB).
Starting from 2021, financial institutions (December 2020 for those directly supervised by the Bank of Italy) will be obliged to apply the guidelines on the application of the definition of default developed by the EBA (European Banking Authority), within the context of the convergence of supervisory standards that has long been committed to by EU institutions. It is an extensive topic still with some margins for uncertainty in its interpretation, and intended to interact with the guidelines on risk parameters.
On July 10, CRIF took part in the British Insurance Awards, the most prestigious awards in the UK insurance calendar, shining a spotlight on the companies that are embracing innovation and successfully transforming the world of insurance. CRIF and its clients were among the 2,000 guests that came from all over the UK to celebrate and network at the Royal Albert Hall. It was a fantastic night!
CRIF carried out the Fortune 500 Turkey ranking project for the twelfth year in a row. The list contains the top 500 companies in Turkey ranked according to their turnover in 2018 and was announced in the July issue of the Fortune Turkey magazine following a press conference in İstanbul.