Creditinfo signs data sharing contract with Commercial Registry

Acting Registrar of Commerce, Nicole Prince and Chief Executive Officer, Creditinfo (Guyana) Inc, Judy Semple-Joseph, on Friday signed the agreement on behalf of the two bodies which is set out to facilitate further expansion of the breadth of data in the credit bureau database.
This understanding is expected to simplify and enable consistent and efficient flows of data on registered businesses and companies which in turn would enhance the quality of credit reports provided by the credit bureau.
The terms of the arrangement stipulates that this publicly available information will be shared under strict protocols for inclusion in the credit bureau database, which principally serves the financial sector and other subscribers to the credit bureau.
In compliance with its directive to operate as a credit agency, Creditinfo has established high criterions of data requirements for its Credit Bureau System (CBS) database.
This means that the business and company data repository by the Commercial Registry is required to satisfy the requirements of data adequacy for this market, contributing directly to an advantageous assessment for Guyana on the World Bank Doing Business Index.