Hong Kong Economic Indicators
Hong Kong Credit information sharing
Hong Kong Credit information sharing index: For that indicator, The World Bank provides data for Hong Kong from 2004 to 2012. The average value for Hong Kong during that period was 5 points with a minumum of 5 points in 2004 and a maximum of 5 points in 2004.
When banks in Hong Kong make lending decisions, it is useful to know if the borrower has loans from other banks, has he/she paid on time, etc. The credit information index shows whether banks share such information with each other. The index for Hong Kong ranges from 0 (no sharing) to 6 (high degree of sharing. Credit information sharing rankings around the world. Create and download charts for Hong Kong Credit information sharing and other indicators with the country comparator.
Hong Kong Credit information sharing: Compare to other countries
World Bank definition::Credit depth of information index measures rules affecting the scope, accessibility, and quality of credit information available through public or private credit registries. The index ranges from 0 to 6, with higher values indicating the availability of more credit information, from either a public registry or a private bureau, to facilitate lending decisions.