CRIF seminar in Hong Kong: a scientific approach to credit and receivable management

​In collaboration with the Italian Chamber of Commerce in Hong Kong, CRIF hosted an interactive seminar on how to improve risk management and debt collection performance with senior managers of prestigious Italian companies trading in the Asia-Pacific region.

CRIF shared insights and best practices on how to calculate the “probability of default” of a Chinese company, apply this to quantify its bad debt probability, and scientifically reduce the company’s credit and receivable debt risk.

The aspects and tips to consider when doing business in developing countries were also explored, as well as how crucial it is to find an precise balance between seizing profitable opportunities and lowering risks as much as possible.