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Azerbaijan Central Bank’s credit register created database about guarantors

Baku, Fineko/abc.az. The Central Credit Register (CCR) of the Central Bank of Azerbaijan (CBA) expands its database.

CCR head Elchin Gabibov says that they have already started receiving data about guarantors from banks.

“Currently the Register contains information about 250,000 guarantors and 125,000 of them are guarantors on active loans,” he said.

He added that after Azerbaijan begins applying new system of prudential reporting, the Register will start supplying information about guarantors on inquiry of banks.

 

15.12.2009 17:27




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