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Azerbaijan Credit Bureau to give personal rating to borrowers


Azerbaijan Credit Bureau will collect data about financial liabilities of borrowers, analyze risks of these liabilities and present to the users on the basis of poll, Director General of Azerbaijan Credit Bureau Elchin Habibov said on Feb.9.

 

According to him, as a result of operation of Azerbaijan Credit Bureau, decision on credits will be made more effectively and operatively and this will lead to reduction in risks.  

 

Habibov noted that market participants will be able to benefit from other services on the basis of Bureau’s analysis.

 

 Moreover, Azerbaijan Credit Bureau will give private rating to the borrowers. 

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