Risk Management Russia – Industry News

Russian Consumers’ Credit Health Stable After Two-Year Decline, According to FICO and NBKI Data, Posted on PR News

MOSCOW, Feb. 12, 2014 /PRNewswire/ — FICO (NYSE: FICO), a leading predictive analytics and decision management software company, and the National Bureau of Credit Histories (NBKI),Russia’s leading credit bureau, today announced that Russian borrowers’ credit repayment delinquencies remained stable from October 2013 to January 2014. This was the first time in 18 months that the country’s FICO® Credit Health Index did not decrease from the previous quarter, and indicates that the two-year fall in Russians’ credit performance may have stopped. [Read More…]  

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