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DATAPRO EXPANSION COULD STRENGTHEN GAMBIA CREDIT MARKET, ANALYSTS SAY

BANJUL, Gambia

‎New sources of capital and independent credit assessments can help bridge information gaps between borrowers and lenders by providing a consistent framework for evaluating financial risks.

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‎For The Gambia, the introduction of DataPro’s services could support efforts to strengthen credit risk assessment, improve market transparency and enhance the information available to participants in the country’s developing financial market.

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‎However, the long-term impact of the initiative will depend on the extent to which businesses, banks, investors and other market participants embrace credit ratings as an integral part of their financing and risk management decisions.

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‎Ultimately, DataPro’s expansion represents more than an entry into a new market.

 

It offers an opportunity to contribute to the development of a stronger credit information ecosystem capable of supporting informed investment decisions, responsible lending and sustainable growth in The Gambia’s financial sector.