The Reserve Bank of Zimbabwe Launches Online Exchange of Information Between Banks Via Creditinfo Credit Bureau Solution

Posted by Joachim Bartels | Feb 13, 2017 | Credit Bureau News, Credit Registers, Creditinfo Group Iceland, Crediting Group Iceland, Platforms / Workflow Tools, Risk Solutions - Prediction, Zimbabwe | 0 |

The Reserve Bank of Zimbabwe (RBZ) announced on January 1^st the official launch of the system for online exchange of information between banks via Creditinfo Credit Bureau Solution. The operation is live already.

Creditinfo won the international tender initiated by World Bank and now provides RBZ with the latest generation of Credit Bureau System, CB5. The credit bureau system in Zimbabwe was built from scratch in only 4 months, including the transfer of know-how, training and full set-up of the new RBZ team for daily bureau operations. Creditinfo provides RBZ with a solution enabling fast and reliable way to share credit information between government and private banking institutions. The modern credit bureau system contributes in increasing the efficiency of risk assessment for the whole financial sector of Zimbabwe.

Source: Creditinfo Iceland Press Release

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.