Covid-19 outbreak lent another shock to the dwindling MSME economy, with over 525,000 MSMEs in the Philippines closing down in May 2020. This also led to an increase in the unemployment rate, with around 4.6 Million Filipinos being unemployed as of June 2020.
This Whitepaper aims to be a one-stop guide to clear all of your doubts about PFRS9 implementation, and how CRIF can help you bridge the gap to build a robust credit risk assessment framework.
