How to Read Credit Reports from Different Countries

Author: Zhang Dawei (Compiler)
Publisher:
Publish Date: 2003-06-01
Features: Since 1967, China Credit Research Institute has become a member of the "World Credit Industry Association" and has established a global credit network. It has provided over hundreds of thousands of international credit reports to clients worldwide. With the reform and opening-up of mainland China and the rapid development of international economic and trade exchanges, the demand for international credit reports has been increasing. This indicates that people have gradually accepted the concept of credit reporting and recognized its necessity for managing corporate credit risks and preventing bad debts. However, subscribing to international credit reports is one thing, while interpreting them is another. This is why our customer service department constantly receives inquiries, asking for detailed explanations, such as how credit ratings are assigned and why new annual financial statements cannot be provided, and so on. All these indicate a phenomenon: more and more people are aware of using professional international credit reports to assist in credit risk assessment, but they do not know how to interpret the reports or even feel helpless when encountering frequent professional terms in them. This book compiles samples of credit reports from various countries, identifies the characteristics and key points of reports from different countries, and serves as a guide on how to interpret credit reports.