Analysis Services from Credit Bureau: The Case of Cambodia

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Analysis Services from Credit

Bureau: The Case of Cambodia

Symposium on Credit Reporting in Asia-

Pacific and Personal Data Protection

Confidential Property of Credit Bureau Cambodia

Cambodia is considered as a hidden gem strategically

located in the heart of South East Asia

Cambodia in a

glanceCBC’s inception CBC’s first start Leverage on tech

Opportunity with

digital

Future

developmentDigital & Tech

Member of ASEAN since 1999

Member of WTO since 2004

Member of AEC

Market access agreement to major

economical zone and countries

Strategic Location

Low costs

Low wages

Low entry cost


Cambodia has a young population and is a fast moving

country with average GDP of 7.2% in last 3 years

Cambodia in a


Opportunity with

digital

Future


From “Low Income” to “Low

Middle Income” in next 2 years

GDP growth projected at average

of 7.1% to 2017

Poverty level at 34% in 2008 and

now below 20%

GNI per capita $1,010

2010 – source World Bank

Population of over 15 Million

Median age of 24 years old

20% Urban | 80% Rural

Language: Khmer

DEMOGRAPHIC ECONOMIC

Currency: USD and Khmer RielHigh fertility rate at 3%

Labor force over 8 million


We have learned from a first incomplete experience to

create a world class credit bureau with CBC

Cambodia in a


Opportunity with

digital

Future


2006

Major contributors in the creation of credit information organization

2007 2008 2009 2010 2011 2012

• Launch of

Credit Information Sharing

system

• Negative credit information

• Low adoption by

financial industry

• Decision to decommission

• Development of

Negative and

Positive Bureau

• Selection of

Partners for RFP

• Creation

of CBC

January 2012 - NBC officially licensed CBC to operate credit information

March 2012 - CBC official start of operations


Operation of CBC started with 51 members joining

from Commercial and Micro Finance Banks

All financial institution in

Cambodia, licensed by the

National Bank of Cambodia are

required to be member of CBC

and to upload both positive and

negative consumer data.

All data are uploaded on monthly

basis.

All loan request must be checked

with CBC’s credit report.

Cambodia in a


Opportunity with

digital

Future



CBC is a major economic player in the country

landscape thanks to support and regulation from NBC

Cambodia in a


Opportunity with

digital

Future


Consumers: 5.1M

Active accounts: 2.5M

Outstanding balance: USD 12.4B

Enquiries: 9M

36

10

51

6

7

Commercial Bank Specialized Bank Microfinance Leasing Company Other

111 members of CBC as of 26th October 2015


As a start-up company with high expectations, CBC

did quickly got confronted to several challenges

No prior information on sector

No benchmark in country

Data quality

Limited internal skills

Time consuming for report

generation

No data driven decisions

Low awareness of opportunity

provided by technology

Cambodia in a


Opportunity with

digital

Future



With surge of data into the database it is necessary to

know how to pass it through the DIKW model

Cambodia in a


Opportunity with

digital

Future


Source: http://www.pursuant.com/blog/tag/dikw-model/

Knowing the past is essential to

predict the future in order for us

to sustain the growth of

Cambodia and keep a healthy

loan habit in the country.

Leveraging on technology such

as data visualization have

allowed us to get faster, clearer

and more accurate in

understanding of our past.

We are now to help look into the

future.


As technology keeps on evolving, digital plays a

major role in the expansion of CBC solutions portfolio

Cambodia in a


Opportunity with

digital

Future


Online Dashboards:

Data Analytic Reports

Internal Management Report

K-Score: more accurate credit

scoring based in Cambodia

context and specific


Illustration of Data Analytic Reports currently

commercialized in Cambodia

Cambodia in a


Opportunity with

digital

Future



Illustration of the Khmer-Score (K-Score) specific to

Cambodia

Cambodia in a


Opportunity with

digital

Future



Keeping ourselves relevant to the industry, the population and the

country’s economical sector by using the needed technology

Cambodia in a


Opportunity with

digital

Future


Wider and deeper range of online Dashboard

Batch review

Loan Decisioning – near instant approval decision

Mobile app with offline capabilities for Credit Officers

Research, assessment and reports for investors

Online credit report on website


As we get further loaded with data and get so many choices of

technology, we need to make pertinent choices to stay relevant to all

people and organization needing to rely on the credit bureau

Cambodia in a


Opportunity with

digital

Future


THANK YOU

Analysis Services from Credit Bureau: The Case of Cambodia

Economy & Finance

Transcript of Analysis Services from Credit Bureau: The Case of Cambodia