Commercial banks report data monthly to the centralized database and can inquire consolidated information from the database on a real time basis. 3. Enterprise and individual credit information database: important for risk prevention For many years, the bank loan registration and inquiry system has played an important role in preventing credit risks.
It is a pleasure for me to witness the successful closure of the first ever Term Finance Certificate (TFC) issued by any microfinance bank in Pakistan. This is indeed a significant achievement for the microfinance industry and capital markets that has been made possible by collaborative efforts of the diverse stakeholders involved in such a complex transaction.