Statistics Korea and NICE Credit Information Collaborate on Joint Research Analyzing Household Debt and Credit Information

[Asia Economy Reporter Jang Sehee] Statistics Korea and NICE Credit Information Service announced on the 1st that they signed a Memorandum of Understanding (MOU) for 'Data Utilization and Joint Research Cooperation' at the NICE headquarters in Seoul.

The two organizations agreed to cooperate in providing and jointly utilizing data for household debt analysis, as well as conducting joint research on credit information utilization analysis based on big data.

Meanwhile, Ryu Geun-gwan, Commissioner of Statistics Korea, stated, "We will actively support so that the synergy effect can be created between Statistics Korea's experience in data construction, integration, and analysis and NICE[034310]'s credit information."