Arab Credit Reporting Guide

During the first decade of this century, from 2001 to 2010, attention focused on the development of the credit information industry in the Middle East and North Africa (MENA) region. As MENA’s role in the global economy increases along with its att...

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Main Authors: International Finance Corporation, Arab Monetary Fund
Format: Working Paper
Language:English
en_US
Published: International Finance Corporation, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/826841484717962026/Arab-credit-reporting-guide
http://hdl.handle.net/10986/25979
id okr-10986-25979
recordtype oai_dc
spelling okr-10986-259792021-04-23T14:04:32Z Arab Credit Reporting Guide International Finance Corporation Arab Monetary Fund access to finance credit reporting regulation legal framework microfinance During the first decade of this century, from 2001 to 2010, attention focused on the development of the credit information industry in the Middle East and North Africa (MENA) region. As MENA’s role in the global economy increases along with its attendant demographic integration, the development of comprehensive information sharing systems across the region has become an imperative. The overall credit information system in the region requires reform at the initiative of stakeholders. Among the challenges are the diverse levels of technology, and lack of awareness and discipline in data collection. In response to traditional risk-assessment methods and, in some cases, a resistance to change, stakeholders have been encouraged to undertake innovative changes in the methods of risk evaluation being used by the credit industry. IFC and AMF commissioned the production of this guide to map progress and provide an overview of the credit reporting systems in the region. For the first time, an index representing a quantification of credit reporting in each country has been developed. To offer lessons learned, the guide highlights selected global trends and best practice for credit information sharing. The guide contains case studies of the 19 MENA countries with specific recommendations for local conditions. 2017-01-31T21:23:20Z 2017-01-31T21:23:20Z 2015 Working Paper http://documents.worldbank.org/curated/en/826841484717962026/Arab-credit-reporting-guide http://hdl.handle.net/10986/25979 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Working Paper Middle East and North Africa Middle East North Africa Egypt, Arab Republic of
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic access to finance
credit reporting
regulation
legal framework
microfinance
spellingShingle access to finance
credit reporting
regulation
legal framework
microfinance
International Finance Corporation
Arab Monetary Fund
Arab Credit Reporting Guide
geographic_facet Middle East and North Africa
Middle East
North Africa
Egypt, Arab Republic of
description During the first decade of this century, from 2001 to 2010, attention focused on the development of the credit information industry in the Middle East and North Africa (MENA) region. As MENA’s role in the global economy increases along with its attendant demographic integration, the development of comprehensive information sharing systems across the region has become an imperative. The overall credit information system in the region requires reform at the initiative of stakeholders. Among the challenges are the diverse levels of technology, and lack of awareness and discipline in data collection. In response to traditional risk-assessment methods and, in some cases, a resistance to change, stakeholders have been encouraged to undertake innovative changes in the methods of risk evaluation being used by the credit industry. IFC and AMF commissioned the production of this guide to map progress and provide an overview of the credit reporting systems in the region. For the first time, an index representing a quantification of credit reporting in each country has been developed. To offer lessons learned, the guide highlights selected global trends and best practice for credit information sharing. The guide contains case studies of the 19 MENA countries with specific recommendations for local conditions.
format Working Paper
author International Finance Corporation
Arab Monetary Fund
author_facet International Finance Corporation
Arab Monetary Fund
author_sort International Finance Corporation
title Arab Credit Reporting Guide
title_short Arab Credit Reporting Guide
title_full Arab Credit Reporting Guide
title_fullStr Arab Credit Reporting Guide
title_full_unstemmed Arab Credit Reporting Guide
title_sort arab credit reporting guide
publisher International Finance Corporation, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/826841484717962026/Arab-credit-reporting-guide
http://hdl.handle.net/10986/25979
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