With the CRS, it is expected that the classic problem of asymmetric information that has become the critical issue in the provision of funds, can be solved. With the CRS, the financial institutions are able to know and analyze the profile of prospective debtors, can assess possible risks, can streamline the cost, can lower NPL and create sound credit culture.
In the end, it will support the financial inclusion, and support the ultimate goal of macro economy, namely financial sector stability and economic growth. Ladies and gentlemen < The Purpose of the Workshop > 12. In September 2013, World Bank issued The General Principles of Credit Reporting (GPCR).