The government has been urged to set up a credit rating bureau to enable small and medium entrepreneurs as well as individuals to access financial services easily. The need becomes of urgency given the fact that currently the banks and other financial institutions were operating without any guidance on loan issuance. This was revealed on Wednesday by Ray Kaijage, Barclays bank Head of Products that there was need for the government to ensure that a system was put in place for bankers to get comprehensive information on the background of the borrowers before issuing loans. He said a credit bureau would help banks and other financial institutions to manage the risks associated with loan borrowing. We need the government to set up the bureau because majority of the local communities, SMEs as well as small traders do not have collateral to enable them to secure loans from the banks, he said. A credit rating bureau could also be used to store information on consumer, seek loan facilities from banks or other financial institutions, he said.