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21 non-banking credit organizations join Centralized Credit Register in Azerbaijan

21 non-banking credit organizations join Centralized Credit Register in Azerbaijan

21 May 2012 08:17 (UTC +04:00)

Baku. Ali Ahmadov â€“ APA-Economics. 21 non-banking credit organizations operating in Azerbaijan have joined the service of the Centralized Credit Register under the Central Bank of Azerbaijan (CBA).

Note that, this process started in August, 2011. According to information, 21 of 27 non-banking organizations having an appropriate license joined the Centralized Credit Register. 95% of total loan portfolio of non-banking credit organizations was recorded at the information base of Register. At present, the work is underway on joining of other 6 NBCO to the Centralized Credit Register.

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