CRIF, a company specializing in the development and management of credit reporting, business information and decision support systems, has opened an office in Jakarta, Indonesia, as part of its regional expansion strategy. 

With existing operations in China, and partnerships in Vietnam, India and Bangladesh, the new representative office in Indonesia will strengthen the company’s presence in the country as well as in the Asia-Pacific region.

“CRIF aims to offer a wide range of reliable and personalized services to local banks, financial institutions and insurance companies equipping them to deal with the growing demand for decision support services, to manage more confidently business and credit risk – said Enrico Lodi, CRIF Credit Bureau Services General Manager -. This new opening demonstrates CRIF’s commitment to expanding its presence in Asia and to providing the marketplace with its proven experience in the field of credit reporting, business information and decision support systems. Moreover, the company has always encouraged partnerships and collaborative relationships with local market players, financial associations and institutions”.

Established in 1988 in Bologna, Italy, CRIF operates over four continents (Europe, America, Africa and Asia) and supports financial institutions, insurance companies, utilities and businesses in 40 countries in every phase of the customer relationship. CRIF is currently the leading group in continental Europe in the field of banking credit information and one of the main operators on an international level in the field of integrated services for business & commercial information and credit & marketing management.

Nowadays CRIF manages the first positive and negative credit bureau in Italy, as well as the positive and negative banking and non-banking credit bureaus in the Czech Republic, and in the Slovak Republic. Moreover, it has been involved in the development of credit bureaus in Vietnam, Bangladesh, Jamaica, Russia, Hungary, Morocco, Benin and Tajikistan.

More than 1,900 banks and financial institutions all over the world use CRIF services on a daily basis.

Source:  CRIF Press Release

For most recent information on Indonesia click on this link