COMMERCIAL CREDIT NOTECommercial Credit Note (CCN) means the rating score of the relevant company related to its credit worthiness based on the demographic, credit and guarantee information and check payment performance.
Financial institutions take several variable into account within credit granting process. The credit repayment background of the legal entities is a significant variable in this regard. CCN will eliminate a substantial deficiency in evaluating the behavior (credit repayment) performances of the legal entities by providing the required information. This will enable to conveniently monitor the external behaviors of the customers.
CCN is calculated statistically with the analysis of the detailed data provided in the Risk Report and will provide a significant contribution to the user institutions in terms of resource and time saving by creating an opportunity to give accurate decisions in credit decision-making and monitoring processes.