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Thailand's Central Credit Information Services May Expand to New Sectors.
Dec. 8--Central Credit Information Services, a credit bureau operator, is looking at expanding its services to the insurance and securities sectors, according to chief executive officer Nampung Wongsmith.
CCIS is now studying the demand for its services and considering ways to effectively tap the market. It expects specialised financial institutions would become new members which would enlarge the data base for retail borrowers.
Ms Numpung said the database of the CCIS would help facilitate insurance companies' approval process and reduce the risk of false claims as well as help speed up approvals of credit for clients, in the case of securities companies.
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- Thailand's Central Credit Information Services May Expand to New Sectors.
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