1945

E-credit information, trade finance and e-finance: Overcoming information asymmetries

In most developing countries financial service providers are not yet in a position to use modern credit risk management techniques to provide short-term working capital and trade finance to local enterprises at competitive terms. An important reason for such a situation is the lack of credit reporting systems. Many developing countries still need to establish functional credit information systems in order to improve the quality of financial information on enterprises and rate them as credit risks.

Related Subject(s): Economic and Social Development
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