Hong Kong, November 1, 2016
CRIF delivers a speech on effective credit risk control measures in Hong Kong
CRIF was invited to share its techniques and tools for the improvement of credit risk control management with members of the Italian Chamber of Commerce in Hong Kong.
The uncertain economic situation in recent years has increased the risk of bad debt in trade. Hence, businesses are paying more attention to bad debt prevention in order to minimize losses. During the seminar, CRIF provided a number of practical tips and examples on how and why a company should know more about their customers (KYC) by using business information. KYC is an important process of credit risk control, which can effectively help identify potential credit risks during transactions