‘Data sharing in credit markets – Does comprehensiveness matter?’, is a new research report which was released on September 11, 2019. The study is a must-read for anyone interested in current and future developments in the area of credit information.
To download the report, click on this link
BIIA salutes ACCIS for sponsoring this report.
The report was written by Giovanni Barci, Galina Andreeva and Sylvain Bouyon, conducted by the European Credit Research Institute of the Centre for European Policy Studies (ECRI-CEPS) and the University of Edinburgh and sponsored by ACCIS, was released on September 11, 2019 at ECRI’s Brussels headquarters.
While it has long been established by the World Bank and other institutions that data sharing on borrowers improves customers’ access to credit, this study uses a rigorous econometric methodology to analyze how the comprehensiveness of shared data increases financial inclusion, increases the allocation of deposits to credit activities, and lowers the risk of missed repayments. The study also provides a qualitative analysis of ‘non-traditional’ data and why its use in creditworthiness assessments should be complementary to traditional credit data types.
Panel discussion at CEPS
Following the opening remarks from Karel Lannoo, CEO of CEPS and General Manager of ECRI and Enrique Velazquez, Director General of ACCIS, Sylvain Bouyon, Associate Research Fellow of CEPS, presented the report’s key findings. A lively and informative panel debate took then place among several experts: Paulo Silva, Legal Officer of the European Commission’s DG FISMA; Enrico Lodi, Managing Director of CRIF; and Fiona Caboni, Head of SME-Retail Credit Risk at Santander Bank. The panel was moderated by Karel Lannoo.
About: CEPS-ECRI and the University of Edinburgh Business School, gratefully acknowledge the sponsorship received for this report from ACCIS, BIK, BISZ, BKR, CRIF, Equifax, Experian, KSV1870 and SCHUFA. The views expressed in this report are those of the authors alone and do not reflect the opinion of ACCIS or of any of its members.
The European Credit Research Institute (ECRI) is a research institution that operates within the Centre for European Policy Studies (CEPS) in Brussels. Established in 1999 for the study of banking and credit in Europe, ECRI focuses on institutional, economic and legal aspects related to retail finance and credit reporting. The institute provides expert analysis and academic research for a better understanding of the economic and social impact of credit. ECRI supports and funds independent academic research projects. The institute monitors markets and regulatory changes and looks at their impact nationally and internationally. ECRI gratefully acknowledges the sponsorship received for this report from ACCIS. The views expressed in this report are those of the authors alone and do not reflect the opinion of ACCIS or any other member of CEPS. Giovanni Barci is Research intern at CEPS. Galina Andreeva is Senior Lecturer in Management Science, University of Edinburgh, Business School. Sylvain Bouyon is Research Fellow and Head of Retail Finance and Fintech at CEPS. This version of the study is available for free downloading from the ECRI website (www.ecri.eu).:
About: ACCIS, the Association of Consumer Credit Information Suppliers, is an association consisting of 48 members active in collecting and sharing consumer credit information. Among its members, there are 40 credit reference agencies (CRAs) from Europe, 6 CRAs from other continents, and 2 affiliate members. Each member strives to provide services to help creditors make better-informed decisions when providing credit to individuals and businesses.