KUALA LUMPUR: Dun & Bradstreet Malaysia Sdn Bhd (D&B) has launched its credit rating certification for small and medium enterprises (SMEs) in Malaysia to boost their business credibility.
Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/dunb/Article/
Published: February 08, 2013
In a statement yesterday, D&B said with the introduction of the credit rating certification, firms will be able to tap D&B's credit rating expertise and uncover new business opportunities and potential revenue for their companies.
"The credit rating certification of Malaysian companies should serve as a strong confidence booster to businesses here, whether the firm being certified with a credit rating or the firm conducting due diligence," said D&B Malaysia's Marcom and product manager Eugene Zachariah.
Since 1841, D&B's credit rating has served as a reference for firms to assess credit risk and determine the amount of credit to be extended to potential business partners.
With the rating, Malaysian companies will be in a better position to manage business risks.
D&B said with more initiatives being implemented by the Malaysian government to open up Malaysia's economy through its Economic Transformation Programme, the need for credit rating certification has become ever more crucial for firms in Malaysia to safeguard as well as to expand their business interests regionally and globally.
D&B is the world's leading provider of business-to-business credit, marketing and purchasing information and receivables management services. Bernama
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