BizCLIR

Author (s):

IFC

Date:

2006

Publication (if applicable):

N/A

Abstract (if Available):

In 2001, the International Finance Corporation (IFC) launched the Global Credit Bureau Program. Since the launch of the program, the IFC has supported the development of credit bureaus in over 40 countries through technical assistance and investment, including support to the regional credit bureau in Central America and the first private credit bureau in Egypt,work on the legal and regulatory framework in Kenya and Panama, and ongoing assistance towards the development of a private bureau in Vietnam. The IFC, together with the World Bank, began monitoring the credit reporting environment in over 100 countries, and the results are included and disseminated through the Doing Business report. The content of this Credit Bureau Knowledge Guide reflects the IFC?s experience with credit bureau markets, and its purpose is to provide a comprehensive overview of the development of credit bureaus. IFC?s experience in emerging markets indicates that global knowledge on credit bureaus is fragmented, much like the credit information sharing environment itself in most emerging market countries.The objective of this guide is, therefore, to disseminate best practices in credit bureau development and further contribute to the development of credit bureaus in emerging markets.

URL:

http://www.ifc.org/ifcext/gfm.nsf/AttachmentsByTitle/FI-CB-KnowledgeGuide-E/$FILE/FI-CB-KnowledgeGuide-E.pdf