The Commercial Credit Information Industry

The Commercial Credit Information Industry Association Asia Pacific – Middle East is a Division of the Business Information Industry Association Asia Pacific – Middle East (BIIA). BIIA is a trade associations for the information content industry that includes Consumer and Commercial Credit Information and Rating Services.

BIIA Informs Users of Information (click here)

Trade Credit is the largest source for short term capital. While direct investment provides the start up capital for commercial enterprises, it is Trade Credit that provides a significant part of working capital for an enterprise. Trade Credit is also described as the largest uninsured short term asset of a firm. Granting Trade Credit is not without risks. Credit risk is not a constant. Risk has a tendency to shift over time. To measure and monitor risk one needs accurate, reliable and timely information about buyers of goods and services. Commercial credit information performs a critical function in the process of granting and monitoring Trade Credit. In essence Trade Credit and Credit Information are intertwined.

The principal objective of the CCIIA is to provide a platform for members to network and to work on common issues facing the industry in the region. CCIIA is committed to work with customers and regulators to set standards on ethics, privacy, information content and service levels.

The CCIIA also welcomes members from the information content industry from other parts of the world who have a keen interest in the Asia Pacific and Middle East region. CCIIA also accepts associate membership from institutions and individuals with an interest in the information content industry. By joining CCIIA members will enjoy the full benefits of its parent organization BIIA.