“ACRA” CREDIT BUREAU TO PROVIDE CREDIT REPORTS TILL MAY 20

YEREVAN, MARCH 31, ARMENPRESS: “ACRA” credit bureau will start the
provision of credit reports till May 20.

Lusine Vardanian, the responsible of bureau’s marketing and public
relations department, said the bureau collects information from banks
whichare collaborating with it, from micro-financing organizations,
communal services.

The credit bureau developed an educational program which will be
implemented in Yerevan and in the Armenian provinces. L. Vardanian
said theeducational program in the provinces will be implemented
together with the “Eurasia” Foundation and national center of small
and medium size business development.

The program includes seminars during which the aims and functions
of “ACRA” credit bureau will be presented. At the seminars businessmen
and representatives of local governmental bodies will take part.

The bureau also underscores the importance of students’ awareness
and will organize seminars and lectures in higher educational
establishments. Besides, it will take part in the conference on
“Armenia’s Economy Yesterday, Today, Tomorrow” which will be held in
Yerevan State Economic Institute April 5-8.

The educational program will launch in Syunik, then the
organizerswill visit Gegharkunik, Lori, Shirak.

According to Vardanian, such events were already organized in
Shirak and Tavush provinces in the fall of 2004.

Lusine Vardanian said the seminars are aimed at informing the
public about the advantages of collaborating with “ACRA”, particularly
how to create credit history and to make it serve with more promoting
conditions.

The main mission of “ACRA” educational program is to assure each
citizen that he/she can build and use good credit history for its
benefit.