Credit Information Services
 
 
  • Fiani & Partners / Kompass Egypt has created 10 years ago, the first private sector credit information service in Egypt, capitalizing on the company's expertise in business & financial information and its Kompass Egypt's unique database covering all large & medium companies in Egypt and totalling well over 35000 firms.

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  • From 2005, Fiani & Partners has entered into a cooperation agreement with"Dun & Bradstreet/ D & B", enabling us to give to all Egyptian companies and banks, access to "D & B" wealth of credit and financial information to better manage their risk in their foreign business relations.
  • "D & B" has been in the credit information industry for more than 160 years, and supplies credit reports on up to 83 million companies. Business information is gathered in 214 countries, in 95 languages or dialects, covering 181 monetary currencies, to provide accurate, comprehensive information for more than 150,000 customers.

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  • Credit bureau systems and customized credit management solutions are to be launched jointly on the Egyptian market.

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            IN-HOUSE FACILITIES  
     
    In emerging markets, the supply of quality credit reports requires the combination of several parameters to secure timely delivery with consistent quality. Hence, the creation by our company of a range of in-house facilities applying a thorough methodology.

    		  
     
  • 5 In-house units

    • -Data collection and monitoring of all sources on companies and markets : media, publications, etc…
    -Call center for tele-research and telemarketing
    -Credit officers and field research executives
    -Translation, coding & control services
    -Data entry & data processing

    		 
     
  • A proprietary database :

    • -One of our points of strength is the business database which we have build, whereas a large number of customers appreciate the links developed, i.e. ownership tree, banks relations, … up to 25 search keys in addition to the financial statements of the companies.
    -Our database is containing to date well over 35000 companies, and is daily updated with all existing business data sources, media, directories, personal contacts, etc… and reviewed each year. In addition all companies with "publicized activities" during the year get updated accordingly.

    		 
     
  • The credit report process


    • Primary sources
    - Checking the company on site to collect their official documents, detailed financial and business information and implement a brief audit of their premises and management style.
    - Checking the payment behavior and reputation through their suppliers, clients and banks.
    Secondary sources
    - Public records: commercial registry, commercial courts, stock exchange for the listed companies, etc..
    - Our business network : we have built over 15 years a cooperation with most business associations, leading auditors and legal firms in Egypt.
    - Our proprietary archives maintained for all companies in our database.

    		 
       
       
     
  • KYC and detailed credit analysis
    • -This type of report includes all data required by the "Central Bank of Egypt' within the "KYC" and Basle II regulations, as well as the collection of all needed documents from the companies, such as : tax card, social insurance card, VAT, etc…
    -Field visit to the bank (s) with whom the company is dealing, as well as their auditors
    -Analysis of its primary clients and suppliers
    -News published on the company
    -Detailed description of the company activity, shareholders structure and related assets, etc…

    		  
       
     
  • Sector benchmark
    • -Our consultancy and studies activity, implements since the company's start up in 1980, an extensive sectoral surveys and market studies service.
    -We provide upon request sector overviews allowing to benchmark the company inquired with its sector and to better assess its risks.
    -"Industry norms" will be soon launched on the market

    		 
       
     
  • Credit reports on individuals
    • The same service is provided to inquire on individuals on behalf of both companies and banks in Egypt and overseas, such as :
    -Track record of a senior executive to be hired by a multinational
    -Inquiring on an individual indebted to foreign firms
    -Profiling companies in preparation for credit packages to their staff.

    		 
       
            A MAJOR INTERNATIONAL AND NATIONAL CLIENTS LIST  
     
    The credit information service of Fiani & Partners / Kompass Egypt is supplying since 10 years, credit reports to :
  • The major international export and credit insurance companies : Coface, Office National Ducroire, Euler Hermes, Cesce, etc….
  • The leading credit information companies : Dun & Bradstreet, Credit Reform, Crif, etc…
  • Debt collection companies: TCM, Pinkerton, etc…
  • Embassies and foreign institutions : Austrian Embassy, Indian Embassy, Italian Trade Center, Jetro, Romanian Embassy, Taiwan Trade Center, U.S.A. Embassy, etc….
  • Major banks and corporates : BNP Paribas, Calyon Bank, Citibank, Monte dei Paschi, IBM, etc…

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            INTERNATIONAL COVERAGE  
     
    Through our cooperation with "Dun & Bradstreet / D & B", the leading credit information agency worldwide, we provide updated credit reports and credit ratings for most companies and countries worldwide..