An Overview on Credit Bureau Reporting System ?????????

1
An Overview on Credit Bureau Reporting System
?????????

• David Emery
• September 30, 2004
• 2004?9?30?

2
Agenda ??

• DB Introduction
• ?????
• DB Credit Bureau Services
• ????????
• Credit Bureau International Best Practices
• ??????????

3
DB Introduction ??? ??
4
DB - Global Leader for 163 Years ???
--163???????

• Started in 1841 to establish its credit
  information network
  ?????????????1841?
• DB owns and maintains the worlds largest and
  most comprehensive database on more than 85
  million business entities
  
  ????????????????????8500????????
• Country Coverage 214 countries
  ?????214?
• Languages/ Dialects covered
  ????95?
• Currencies covered
  ???? 181?
• Updated nearly one million times every
  day?????????????
• 2003 worldwide revenue US 1.4 billion
  2003?????14???

5
DB Solutions ???????

• DB is the leading provider of global credit
  information and technology solutions
  
  ??????????????????????
• Over 90 of the Business Week Global 1000 rely on
  DB as a trusted partner to make confident
  business decisions
  ??????1000??90??????????????
  ???????????????
• Over 150,000 subscribers globally
  ??????150,000
• DB is the driving force in setting up credit
  bureaus in many countries
  ????????????????

6
DB Credit Bureau Services
????????
7
DB Credit Bureau Capabilities?????????

• Extensive experience in working with Central
  Banks and Association of Banks around the world.
  
  ???????????????????????
• A global leader with strong local knowledge is
  the result of DBs direct presence and through
  strategic partnership relationships.???????????,??
  ???????????????????
• In-depth understanding of local market conditions
  and needs due to close working relationship with
  government authorities and local offices /
  partners.?????????????????????????????????????????
  
• Sophisticated technology to manage both
  commercial and consumer data and generate
  decisions.??????????????????????????????

8
DB Credit Bureau Experiences ?????????

• DBs recent experiences in credit bureau
  environments
  ??????????????
• Country, Yr. of completion?? Type of Credit
  Bureau????? DBs role??????
• Mexico, 1996??? Commercial ?? E/T/C
• Hong Kong, 1997?? Consumer ??? E
• Malaysia, 2001???? Commercial Consumer??????
  PM/C
• Singapore, 2001/2002??? Consumer ??? E/C
• Thailand, 2002?? Commercial Consumer?????? E/T/C
  
• India, 2002?? Commercial?? E/T/C
• South Korea, 2004?? Consumer??? E/T
• Hong Kong, 2004?? Commercial ?? E/T/C/PM
• Dubai, 2005 ?? Commercial Consumer ?????? T/C

Note E Equity Partner ?????
T Technology Partner ????? C
Consultant ?? PM Project
Manager ????
9
CCRA in Hong Kong
?????????
Commercial Credit Reference Agency (CCRA)?????????

• Appointed as the exclusive service provider by
  The Hong Kong Association of Banks (HKAB) and The
  Deposit Taking Companies Association (DTCA) in
  August 2003
  
  
  2003????????????????????????????
• Facilitates easier borrowing for creditworthy
  SMEs and helps strengthen lending institutions
  credit risk management
  
  ????????????????????????????????????
• Assist the industry in setting up code of
  conduct, audit procedures, data rules, security
  standard, etc.
  
  
  ??????????????????????????
• DB provides total technology and consulting
  solutions
  ????????????????
• Credit data to be provided by authorized lending
  institutions
  ???????????????
• DB provides court information to enrich bureau
  information
  ?????????????????
• To be fully operational in Q4 2004
  ?2004?4?????
• Road-map for expanded coverage and value-added
  solutions planned
  ??????????????????

10
Credit Bureau International Best Practices
??????????
11
Types of Credit Bureaus
?????
Comprehensive Bureau ??????

• Negative info
• ????
• Positive info
• ????

Negative Bureau ?????

• Negative info
• ????

12
Fundamental Operating Principles??????

• Principle of Reciprocity ????
• Principle of Neutrality ????
• Efficient Consumer Dispute Handling
  ?????????
• Security Standards (Secured Environment
  Authorized Usage)
  ????(?????????)

13
Overview of Credit Bureau System???????
Data Contributor?????
Inquiry Process
Public Data Sources ??????
14
Benefits of Credit Bureau
??????
Provide a Solid Platform for Economic Growth
???????????????
Improve Transparency Encourage Investment
??????,????
Credit Bureau Pool of unbiased and factual
information ???????? ???
Provide Risk, Fraud and Loss Prevention tools
????????????????
Lower Cost of Credit Processes??????????
Enable Risk-Based Pricing
??????????
Faster Turnaround in Credit Decisions ????????
15
Key Success Factors
???????
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Code of Conduct ????

• There must be compliance to supply
  information.????????
• Code of Conduct, Audit procedures, data rules,
  Security Standards, Legislation (Banking Secrecy
  Act) ????????????????????????(???????)
• Information will be provided according to best
  quality norms and according to the agreed format
  and timeframe?????????????????????

Data Providers Financial sector (Commercial
sector) ?????????(????)
Member Users Financial sector (Commercial
sector) ?????????(????)

• There must be compliance to use the services of
  the bureau when lender members grant credit or
  loans. ???????????????????
• Information must be kept confidential.
  ??????

• Audit procedures in place to ensure compliance
• ?????,?????????

17
Thank You ??