D&B launches Credit Bureau in Ghana

D&B held a conference at the Labadi Beach Hotel, Accra on June 7. The conference was attended by the Central Bank of Ghana and management representatives from banks and micro-finance institutions.

All the attendees discussed the evolution and benefits of credit bureaus to the banking sector, in terms of quick and informed lending decisions, reduced non-performing loans and risk-based pricing of loans. The development of a credit bureau impacts the overall economy of the country as it encourages responsible borrowing and lending. In addition, it allows individuals and companies to easily access finance based on their past payment behaviour and provide opportunities for growth.

At this conference, we announced the launch of a D&B Credit Bureau in Ghana. D&B will be the second bureau in Ghana licensed by the Central Bank and the response received for the D&B Bureau was brilliant.

Category:

News & Politics

Tags:

• credit bureau
• banking ghana
• ghana
• ghana bank
• dnb
• d&b