COVID-19 affected: Improved by experts CrefoScore solvency assessment

14.05.2020

The COVID-19 pandemic affects almost all companies around the world, and the measures adopted to contain COVID-19 have pushed the global and Latvian economy into recession. Our CrefoScore index quality, comparability and rating surveillance is currently heavily focused on the evolving economic conditions. And therefore we have developed and upgraded CrefoScore with the current business impact of COVID-19: CrefoScore index has changed for 77% of active companies. Moreover, as the situation changes, our Data Scientists and analytics, will update Expert evaluated and calculated CrefoScore index model, on monthly basis make it useful and necessary tool for credit analysis and monitoring.
Evaluate how the CrefoScore index or probability of default has changed for your existing business partners and customers.

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