Number of requests to Azerbaijan Credit Bureau has grown by 40%


April 25, Fineko/ The number of organizations that signed a contract with the Azerbaijan Credit Bureau reached 123 in Q1 of 2019.

During the reporting period three new organizations, including one non-bank credit organization, one credit union and one leasing company signed an agreement with the Bureau.

Within Q1 of the year 30 banks and 39 NBCOs used the system of the Bureau. For the reported term the banks and NBCOs submitted 567,525 requests to the ACB. This figure is 40% more versus the same period of last year.

505,027 (89%) of the surveys conducted by the Bureau were conducted by banks and 62,498 (11%) by NBCOs.