07
Dec

Interview: the President of the Azerbaijan Banks Association about the credit bureau in Azerbaijan

Zakir Nuriyev, the President of the Azerbaijan Banks Association, mentions the benefits of the establishment of a credit bureau in Azerbaijan in his interview for Banco.az. He states that along with banks and non-bank credit institutions, the credit bureau will process much more information on payment behavior than only information on loans. The credit bureau information will include individual, insurance, leasing, telecommunication as well as utility companies’ data, thus allowing to gather more information about borrowers, such as whether they actually pay phone bills, water or electricity invoices.

Full article (in Azerbaijani):

http://banco.az/az/news/zakir-nuriyev-bank-sektorunun-2018-ci-ilin-sonuna-menfeete-kececeyini-proqnozlasdiririq