Going Greek with ICAP Online
Jinfo Blog

21st October 2010

By Perrin Kerravala

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VIP’s Magazine No. 83 includes a review of ICAP Online, an Eastern European business credit reporting service. Headquartered in Kallithea, Greece, ICAP Group is the only company in Greece recognised by the Bank of Greece as an External Credit Assessment Institution (as defined by Basel II) and the only company in Southeast Europe accepted by the European Central Bank as a rating source that can be used to assess capital allocation. ICAP’s database covers approximately 500,000 Greek companies and 2.5 million companies in Bulgaria, Romania and Serbia. Subscribers to ICAP gain access to highly detailed company information, including over 700,000 private company financial statements, obtained by survey and extensive primary research. ICAP also provides numerous propriety credit quality scores, including credit ratings, extended credit amount recommendations, and their exclusive Business Transaction Index. ICAP’s ratings have been in use since 1992, and successfully predict default events 70% of the time - well above the European Central Bank’s minimum standard of 60%. ICAP’s clients include virtually all Greek banks and global credit insurance firms, plus lenders and companies from across the Eurozone and as far away as Asia. Readers whose firms regularly conduct business in Eastern Europe will naturally be interested in ICAP. VIP’s full report features detailed descriptions and screenshots of ICAP’s company report and credit indicators. Purchase the full report today at http://web.freepint.com/go/shop/report/1727 or save money by purchasing the entire VIP No. 83 at http://web.freepint.com/go/shop/magazine/1453 which also includes the VIP Report: Product Review of NewsEdge.com .

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