Chief Executive Officer (CEO) of CREDITINFO Guyana, Judy Semple-Joseph has told Stabroek Business that the ability of the Credit Bureau to provide local business institutions with critical and reliable data on their potential customers has been a critical factor in persuading banks and other key commercial institutions to ‘sign on’ to the services which it provides.
Speaking with this newspaper earlier this week Semple-Joseph reflected on the journey towards full acceptance which CREDITINFO had undergone since its launch here in 2013, asserting that since then the organization had positioned itself to offer additional ways of data use to facilitate the business community.
She said that having taken some time to secure acceptance as a provider of credit information for banks and other local lending institutions, CREDITINFO Guyana has more than proven its worth as an important support tool for both borrowers and lending institutions. Pointing to what she said had become a far more expedient borrowing/lending regime in Guyana, Semple-Joseph said that banks and other lending institutions are now offering “more loans and more same-day loan approvals,” a development which she attributed to “the ready availability of credit reports” through CREDITINFO.
