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Wrong Tunde Popoola?

Mr. Tunde Popoola

Managing Director

CRC Credit Bureau Limited

HQ Phone:

Email: t***@***.com

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Company Description

CRC Credit Bureau Limited, a private limited liability company duly incorporated and licensed under the laws of the Federal Republic of Nigeria was established by a consortium of Eleven (11) leading Financial Institutions and Dun & Bradstreet (a leading g ... more

Find other employees at this company (25)

Background Information

Employment History

Senior Farm Manager

DTM Solutions

Centre Head

GNT Nigeria


Nigerian Institute of Management

Institute of Directors

TOMEB Foundation for Youth Development and Sustainability

Associate Member
Nigeria Institute of Management




University of Ife

Masters degrees

Economics and Banking and Finance

University of Lagos

Postgraduate Diploma

Finance Management

University of Ado-Ekiti

Web References (48 Total References)

:: Lack of accurate biometrics hindering operations of credit rating bureaux - CRC Credit Bureau :: [cached]

The Managing Director, CRC Credit Bureau, Mr Tunde Popoola, has attributed dearth of accurate biometrics database and awareness as factors hindering credit bureau operations in the country.

Popoola told the News Agency of Nigeria, NAN, in Lagos that decision making would have been quicker and more reliable if lenders had enough information about borrowers at their disposal.
He said that accurate database would accelerate automation of lending processes, isolate bad borrowers and blacklist chronic debtors.
Popoola also said that awareness creation would deepen knowledge of financial sector operators to understand credit bureau services. He advised that there should be concerted efforts by the regulators to encourage non-banking firms to engage in the services.

:: Banks may deny telecoms, electricity debtors credit facilities - CRC Credit Bureau :: [cached]

The Managing Director/Chief Executive Officer, CRC Credit Bureau, Mr. Tunde Popoola, told our correspondent in an exclusive interview that the telecoms firms and the electricity distribution companies were submitting the information of those who had enjoyed their post-paid services without paying. According to him, all the information will be kept in the database and used to assess the credit worthiness of the organisations or individuals involved by the utility companies and other financial and non-financial institutions when fresh lending services are requested for.

Popoola said, "The information submitted is borrowers' information or the list of people who have enjoyed post-paid services with telecoms companies because it is a form of credit. They are using the services ahead of payment.

In this interview with Financial Nigeria, ... [cached]

In this interview with Financial Nigeria, Tunde Popoola, Managing Director and CEO, CRC Credit Bureau Limited, speaks on the consumer loans market in Nigeria.

Financial Nigeria: Why is retail credit to consumers and SMEs still not gaining much momentum in Nigeria, in spite of the information which credit bureaux including CRC Credit Bureau can provide lenders, on demand?
Tunde Popoola: Consumer loans boost an economy because they enhance effective demand by activating consumer spending and consumption.

Non-performing loans are at the lowest ... [cached]

Non-performing loans are at the lowest level in the history of Nigeria and it would continue to hopefully get better, according to Tunde Popoola, managing director/CEO of CRC Credit Bureau limited.

The Managing Director of CRC Credit ... [cached]

The Managing Director of CRC Credit Bureau, Tunde Popoola has said that the credit bureaus in Nigeria are focusing on incorporating the informal sector in the scope of their activities.

Speaking as a guest on Channels Television's programme, Business Morning, Mr Popoola said the establishment of credit bureaus and commencement of operations by the pioneers is responsible for the confidence with which Nigerian banks now embrace consumer lending.
He said all the commercial banks in Nigeria are using the credit bureau but "beyond that, we've now moved on to other sectors all the discount houses have joined, the microfinance banks are joining, mortgage banks, leasing companies, all of these are joining now."
Mr Popoola said what some of the bureaus are doing now is looking for other data beyond data from the banks "by moving to travel agency business, pharmaceutical businesses, the retailers."

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