D&B Turkey joined CRIF Group which is one of the leader firms regarding their subject
Monday, January 14, 2013Conglomerate consisting Finar, D&B Turkey and Kompass Turkey, announced new partnership effective as January 2013.
Conglomerate acquired by CRIF which established in 1988 in Italy with its objective of being fast and effective during decision making process for financial and commercial businesses with credit information products, services and decisions, will continue its operation with existing managerial staff.
CRIF Board member Dr. Selim Seval noted that the group will introduce a much larger number of value added products and services to the Turkish market in parallel with CRIF’s worldwide investment strategy and added, CRIF is active in 12 countries (Italy, USA, UK, Sweden, Austria, Russia, Czech Republic, Slovakia, Poland, Hungary Mexico and China) via %100 owned subsidiaries and in four more countries through partnerships in which it holds a minority stake thus serving a total of over 25.000 companies.
General Manager Didem Taner indicated that in addition to its current products and services, the group will henceforth lay emphasis on decision support software and platform solutions developed for the banking, telecommunications and insurance industries which currently utilized by over 1.900 large scale corporations across the world.
“Turkey stands out as a nation with a high growth rate and economic potential. As such we had maintained a close watch on the country for many years and waited for the right time to step in.” and CRIF General Manager Marco Preti added “CRIF’s integration with Finar, D&B Turkey and Kompass Turkey is a crucial step towards growth in the global market. Capitalizing on the synergy between our companies, we shall offer products and services which will enable our clients in Turkey and abroad to make high value added risk assessments and boost their profitability.”
About CRIF
CRIF became operational in 1988 Italy with 90% of its capital held by founder members and management and the remaining 10% by various credit institutions. Three international banks with %10 of shares have been present in the shareholding group since the 1990s. These banks are BNL-BNP Paribas, Deutsche Bank and Banco Popolare (the largest Italian public cooperative credit institution).
CRIF have three main area of activity:
- Information Solutions
- Decision Support Systems
- Outsourcing Services
In 2011, CRIF's total revenue reached 271.7 million Euro. With 100,3 million EUR shareholders equity, number of employees in the group with the offices around the world and subsidiaries nearly reaches 1,450 people. Cribis D&B (Italy), which is one of the members of D&B Worldwide Network, is one of the subsidiaries of CRIF.
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