2021-10-28 12:33:39

NAOS and IoTeX Introduce NFD Into Credit Risk Assessments

Since the traditional credit rating procedure focuses on examining financial statements, Micro, Small, and Medium Enterprises (“MSMEs”) have difficulty acquiring loans from banks. Many SMEs cannot satisfy the standards due to a lack of financial data or confirmation of assets. According to the International Finance Corporation (IFC), 40 percent of emerging-market MSMEs have an annual …

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