private & confidential. no part of this document may be reproduced by any process without the...
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1Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
APEC FINANCE MINISTERS' PROCESS (FMP) CONFERENCE ON REFORMING THE ASIA-PACIFIC FINANCIAL INFRASTRUCTURE
SME Credit Reporting
12 November 2016
2Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
CONSUMER AND COMMERCIAL DATA CREDIT BUREAU SINGAPORE
3Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
CBS Shareholding Structure
25% 75%
4Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Company Group Structure
5Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
CBS MEMBERS’ PRODUCTS & SERVICES
6Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Overview of CBS Products & Services
A) Core Services Credit Report Offline Bulk Review
C) Monitoring Portfolio Monitoring Litigation Monitoring
D) Analytics Executive Summary Data Analytics CP Hub Score Analytics
E) Public Information DMP Flag Litigation Bankruptcy orders
G) Commercial ProductsSME Blended ScoreBasic Individual Search Report
F) Consumer Score Generic Bureau Score Gen 2 Enhanced Score
B) Consumer Consumer Access/Education Consumer Monitoring Fraud/ID Theft
7Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
SME BLENDED SCORE
8Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
CBS Blended Report with FICO® SME Score
• Merge both existing commercial data and consumer credit information to produce a FICO® SME Score.
• This new business tool is expected to help lenders increase the speed, accuracy and consistency of the decision-making process.
• The Small Business Administration (SBA) in the United States uses a similar blended report SME score to access their small business borrowers. SBA engages the same parties (Dun & Bradstreet and FICO) for the loan and lender oversight program.
9Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
SME Blended Score
+ =Business Owner
Credit DataCompanyTradelines
SME Blended Score For CBS
Public Registry Data+
Consent Required D&B Supplier’s Tradelines
No Commercial Banking Data
Companies Registry Information
Litigation information
Bankruptcy/ Winding up
10Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Owner/Shareholder 1 Individual credit data (CBS consumer report)
SME Commercial Data
Public Registry information
Singapore Largest Non- Banking Commercial Payment Information (Provided by Dun & Bradstreet)
Updated Litigation Information
Other SME Credit Bureau Information (eg. Defaults, Enquiries)
Owner/Shareholder 2 Individual credit data (CBS consumer report)
CBS Blended Report-Business Registry Report
& Information
- Litigation and Winding Up Information
-FICO® SME Score
-Up to 4 Reason Codes
-CBS Consumer Report on Owner/Shareholder 1
-CBS Consumer Report on Owner/Shareholder 2
=
+
+
Consumer Data
Commercial Data
+ Comprehensive Report (one-stop enquiry)=
CBS’ Blended Report with FICO® SME Score
11Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Sample of SME Score Report
Companies
Registry
Information
12Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Sample of SME Score Report
Companies
Registry
Information
13Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Sample of SME Score Report
Non Banking Suppliers Tradelines(D&B Duntrade Program)
14Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Sample of SME Score Report
Litigation
and
Winding Up Information
SME Blended Score (with Reason Codes)
15Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
CREDIT BUREAU MALAYSIA
16Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
About Credit Bureau Malaysia
• Credit Guarantee Corporation Malaysia Berhad (CGC) – 55 %
• Dun & Bradstreet Malaysia (D&B) Sdn Bhd – 25 %• Association of Banks Malaysia (ABM) – 20 %
Credit Bureau Owner
• A convenient online “One Stop Centre” as an aggregator
• SMEs scoring provider developed by D&B for credit evaluation and other business purposes to financiers
• Benchmark study on SMEs – historical PD vs reality performance (in progress)
Product & Services
• SME Credit Bureau has been established in July 2008 before re-named as Credit Bureau Malaysia in August 2010.
• To reflect its business expansion to a “full service’ credit bureau including individual borrowers by collaborating with Trans Union as the scorecard developer.
What’s New
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About Credit Bureau Malaysia (Cont’d)
No Type of Credit Information
Self Enquiry Report(SER)
Credit Risk
Report(CRR)
Business Information Report
(BIR)
Corporate Link Report
(CLR)Company’s Family Tree
Individual Business Report (IBR)
Director’s Family Tree
1 SME Credit Risk Rating √ √ - - -
2 Registry Information √ √ √ √ √
3 SME’s Banking Information √ √ - - -
4 Owner/Partners/ Directors’ Banking Information
- √ - - -
5 Dishonored Cheques √ √ - - -
6 Non-Bank Credit Data √ √ - - -
7 Historical Enquiries √ √ √ √ √
* Premium version is available for real-time registry info
CBM’s Core & Supplementary Report for SME
18Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
About Credit Bureau Malaysia (Cont’d)
Value Added Services
• Online and up-to-date data monitoring• Pro-active alert system• Monitor beyond internal data
Credit Monitoring Services (CMS)
• Assist to identify new and potential target market.• We have the entire SSM company information in Malaysia, we can
generate a target market list based on the criteria as in SSM registry & financial info. Eg, business sector: Wholesale and retail of new motor vehicles, business address: KL, revenue: >10 million, profit: >5 million and so on.
Sales & Marketing Solutions
• Complement internal credit assessment system• Assist in credit decisions, threshold setting – Odometer
Rating Validation
• Assist in providing information in a huge number. • Data contains of SSM, CCRIS, Non-Bank Data & rating information.• Improve turnaround of credit processing
B2B, Bulk & Historical Purchase
19Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Benefits of Credit Bureau
Source: Credit Bureau Malaysia, 2014/15
In 2013, total online reports, bulk and B2B increased by 65.83%, 1081.87% and 727.40% respectively. Thus, this indicates on how credit bureaus benefits to FIs in loan processing turn around time, account management and credit risk management.
20Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Summary
One Stop Center for SME & Consumer Info1
Convenient & Available 24x7
Faster Turnaround on Applications
Access to SME & Consumer info
Robust SME & Consumer Credit Rating 2
Availability of Industry Benchmarks
Risk Management Tool
Complement Internal Credit Evaluation
Credit Bureau Malaysia proven to be as an aggregator and also scoring provider to our member for their credit evaluation purposes as shown below:
21Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Summary (Cont’d)
Facilitate Good Payment Behavior3
Deterrent on Payment Default
Fraud Prevention Tool
Reduce Non Performing Accounts
Facilitator/enabler but NOT the catalyst4
Source: Development of Financial Sector - 2013; Bank Negara Malaysia
22Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Your Credit Risk Management Tool
Singapore Commercial Credit Bureau
23Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Singapore Commercial Credit Bureau
Singapore’s Leading Provider of Commercial Information and Business Insights
24Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Singapore Commercial Credit Bureau
• Online Portal containing Credit Risk information on both companies and individuals
• 24/7 access to both local and global credit risk information:- Basic Registration Information
> Employee Size> Paid Up Capital> Age of Company> Legal Company Structure> Family Affiliation
- Business Operations/Industry- Litigation & Company Winding Up- Payment Information - Director/Shareholder Information- Financial Statements- Local and Overseas Business Information Reports
25Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
How SCCB helps your business process
New Customers
1. Singapore Commercial Credit Bureau> New customers, suppliers, staff> Due diligence checks> Credit Worthiness
Your CompanyStaff
SCCB CM
Suppliers
2. Credit Monitoring> Monitor companies / individuals> Litigation / winding up / bankruptcy
Existing Customers Bad Debts
3. Collection Service
SCCB CM
26Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
BizCheck Plus
This report will provides the key registration information of the Company (ROC), Litigation, Winding up traces and last 3 years Sales Revenue of the company.
Content
Business name
Registration number
Registered address
Company status
Registered activities
Shareholder details
Paid-up capital
Share allocation
Complimentary Info:
BizCheck Plus provides additional information (compared to ACRA ROC $5.50):
Litigation
Employee Size
3 yrs Sales Revenue
Winding Up
(all records since 1999)
27Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Basic Individual Search
This report will provide information of the business interest of an individual.
Content
Actual name
Residential address
Business & shareholding in businesses
Current & previous business interest
Litigation (individual & company since 1999)
Bankruptcy records since 1999
Ideal for
1. SME / Sole Proprietor
2. Director / Shareholder background checks
28Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Brief Financial Extractions
This report provides the key financial records and ratios of the company, tracing up to the latest 5 years Audited Statement of Accounts filed to ACRA.
Ideal for
1. A snapshot financial condition
2. 5 years financial comparison
3. Check & balance
4. Cost-savings
Content
Turnover
Profit Margin / P&L
Shareholders’ funds/capital
Ratios on Profitability, Liquidity, Leverage &
efficiency
29Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Credit Monitoring
1. Litigation Monitoring• Suit / Case No.
• Amount
• Date
• Nature of Claim
• Parties Involved (Defendant / Plaintiff)
2. Bankruptcy / Winding Up Monitoring• Bankruptcy of individuals
• Winding up of companies
FREE
i. Business MonitoringChange in:
• Company’s name
• Directorship
• Address
• Company Status
• AGM Date
• Shareholder Monitoring **
• New Registered Bank Charges **
• New Financials Filed **
• Change of Paid Up Capital **
OR
ii. Individual Monitoring• Directorship
• Address
30Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
Singapore Commercial Credit Bureau
www.SCCB.sgA single click to business insight
31Private & Confidential. No part of this document may be reproduced by any process without the prior written permission of Credit Bureau Singapore Ltd, Credit Bureau Malaysia Sdn Bhd and Singapore Commercial Credit Bureau
THANK YOU