Credit Bureaus News

IMF approves US$ 151.03 million credit facility for Benin


The credit facility focuses on enhancing financial intermediation and preserving macroeconomic stability in Benin

Tanzania: Credit bureaus trigger reduction in non-performing loans


Financial institutions are increasingly using the Credit Reference Databank.

Malawi: Parliament forces banks to provide information to credit bureaus


It has adopted amendments to the Credit Reference Bureau Act.

The central bank of Malawi takes steps to improve confidence in the banking sector


It unveiled new penalties for banks not complying with the Financial Services Act.

Rwanda: TransUnion launches credit score


The credit information should help banks conduct a proper risk assessment.

Cameroon to set up a credit bureau system


This is a collaborative effort between the BEAC, the IFC and the Cameroonian government.

Namibia: Credit and data providers can now share borrowers' information


The BoN said this will enable credit providers to undertake effective credit risk assessment.

WAEMU welcomes first credit bureaus


The facilities should be operational from June 2015.

First non bank-based credit card launched in Nigeria


The first non bank-based credit card in Nigeria has been unveiled by '3 Capital Nigeria Limited'.

African central banks urged to promote agricultural finance


"Central banks need to promote agriculture and increase institutional development", said deputy governor of the Bank of Ghana Millison Narh at the end of the conference on revolutionising finance for agriculture value chains recently held in Nairobi.

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