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Byline: Parista Yuthamanop
Mar. 6--The National Credit Bureau (NCB), the new entity that emerged after the consolidation of the country's two existing bureaus, is proceeding with its plan to expand its capacity now that the merger has been completed.
Since it resumed operation last year, members of its two predecessors have tapped its data for credit screening and submitted credit records to it.
The new system has improved the quality of screening, resulting in quicker credit approvals and improved credit quality.
It has a comprehensive database of 32 million accounts representing 12 million retail borrowers, and five million accounts of one million corporate borrowers, according to Niwat Kanjanaphoomin, the NCB's chief executive ...
Source: HighBeam Research, NCB credit screening improved System sees 900,000 users per month.