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‘BVN enrolment will boost credit management’

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The ongoing Bank Verification Number (BVN) project will enhance the management of credit score of banks’ customers in Nigeria, the Group Managing Director/ Chief Executive Officer of Fidelity Bank Plc., Nnamdi Okonkwo, has said. The credit score, which would be based on credit report from credit bureaus, would help lenders to determine who really qualifies for a loan, as identities provided by the exercise would be matched against the information. The Guardian, page 23; New Telegraph, page 35; Nigerian Tribune, page 31; Daily Independent, page 21; Vanguard, page 24; The Nation, page 31, National Mirror, page 20.

magnolia‘BVN enrolment will boost credit management’

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