Utilities ‘sign on’ to share data with Credit Bureau

Judy Semple-Joseph CEO CreditInfo

All of the country’s commercial banks as well as some major state and non-state service entities have now signed on as data providers to the local Credit Bureau, a development which the Bureau says, has created an enabling environment in which larger numbers of persons can, potentially, secure hassle-free and in many instances badly needed credit.

In a brief prepared for the Stabroek Business the Bureau named the Guyana Telephone and Telegraph Company, (GTT), the Guyana Power and Light Company (GPL) and the Guyana Water Inc (GWI) as three of the major national agencies with which it now has information-sharing agreements.

Creditinfo is treating the coming on board of these entities as a major breakthrough, since it says,