ArmenPress
Oct 7 2004
ACRA CREDIT BUREAU FINDS NEW PARTNERS
YEREVAN, OCTOBER 7, ARMENPRESS: A delegation of Armenian ACRA
Credit Bureau was in Beijing when Armenian president Robert Kocharian
was visiting China with an official visit. The Chinese capital was
the venue of two major international economic gatherings from
September 26 to September 30.
The first was organized by the Association of Consumer Credit
Information Suppliers (Europe) (ACCIS)), the Consumer Data Industry
Association (U.S.) (CDIA)) and the Chinese Huaxia International
Business Credit Consulting Co.. The goal of the first gathering was
to bring together representatives of credit bureaus worldwide to
discuss their urgent problems, exchange experience and single out
their roles in world economic processes.
Armenia was represented by Armen Vardanian, the chairman of ACRA
credit bureau, who assessed highly the gathering’s outcome, saying it
is especially important for newly established bureaus, which start
their activity basing on international experience.
He stressed the importance of an arrangement made with ACCIS that
will allow ACRA to become its member that will in turn be crucial for
presenting Armenia as a country with low-risk business environment.
Another gathering in Beijing was organized by World Bank to
discuss possibilities of a dialogue among private and state-run
credit registries, which according to Armen Vardanian is very
important for an interaction between private and state-run
registries. He said a good example of such a cooperation is the
interaction between ACRA and the Armenian Central Bank. The latter
has pledged to help ACRA develop and enhance cooperation with
commercial banks.
Vardanian said apart from presenting its activity ACRA has also
found new partners. He said he invited heads of big credit bureaus
and other lending organizations to visit Armenia in mid October to
discuss concrete cooperation issues.