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                    [ArticleID] => 214083
                    [Title] => More credit bureaus urged
                    [Summary] => The Standard Chartered Bank is urging Philippine monetary authorities to encourage the growth of more credit bureaus to protect both the consumers and the banking industry.


In a press briefing yesterday, Standard Chartered group regional head for consumer banking Sherazam  Mazari said  there is a pressing need for more credit bureaus as financial institutions are increasingly turning to the consumer lending market.


"It will allow the market to give low rates as the market increases in volume while risks are reduced," Mazari said. 


                    [DatePublished] => 2003-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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SHERAZAM MAZARI

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                    [ArticleID] => 214083
                    [Title] => More credit bureaus urged
                    [Summary] => The Standard Chartered Bank is urging Philippine monetary authorities to encourage the growth of more credit bureaus to protect both the consumers and the banking industry.


In a press briefing yesterday, Standard Chartered group regional head for consumer banking Sherazam  Mazari said  there is a pressing need for more credit bureaus as financial institutions are increasingly turning to the consumer lending market.


"It will allow the market to give low rates as the market increases in volume while risks are reduced," Mazari said. 


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                    [AuthorName] =>  Ted P. Torres
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More credit bureaus urged

By Ted P. Torres | July 18, 2003 - 12:00am

The Standard Chartered Bank is urging Philippine monetary authorities to encourage the growth of more credit bureaus to protect both the consumers and the banking industry. In a press briefing yesterday, Standard...

Business