The National Bank of Ethiopia (NBE) issued a competitive bid during August 2009 to find a credit bureau solutions provider to develop, implement and install of a Credit Information Center (CIC) for Ethiopia.

Compuscan Direct (CSD) submitted a proposal to NBE and competed against some of the largest and most reputable credit bureau solution suppliers in the world. After a long and comprehensive evaluation process NBE decided to award CSD the project in July 2010.

Being extremely proud and enthusiastic, Compuscan Direct has already established its project team that is currently working on site in Ethiopia in partnership with its local partner GCS (Global Computing Services).

The CIC system is the first building block to provide financial institution with modern tools to improve credit granting processes and it represents a significant step forward for the entire market in Ethiopia. It will provide factual and predictive credit information to the lending institutions which will consequently be able to extend more and more credit to both business and consumers. In addition, it will allow borrowers much easier access to financial products and more importantly it will provide the National Bank of Ethiopia with the tools and the information to monitor the credit market in Ethiopia.

Compuscan Direct will continue assisting NBE with any further requirements.

For more information on Compuscan Direct and the services we offer, please contact Roberto Giannantoni on This e-mail address is being protected from spambots. You need JavaScript enabled to view it .'; document.write( '' ); document.write( addy_text34386 ); document.write( '<\/a>' ); //--> This e-mail address is being protected from spambots. You need JavaScript enabled to view it