CREDITING TECHNOLOGIES GATHERING PACE IN ARMENIA
ArmInfo
2009-03-27 15:11:00
ArmInfo. Upward trends are observed in the public use of up-to-date
technologies to get credits and repay financial obligations without
visiting a credit organization, says the survey by the Norvik Universal
Credit Organization (UCO) Analytical Department provided to ArmInfo.
Thus, credit technologies took strong positions in the Armenian
market yet long ago. Caring for clients, Norvik UCO has fully changed
over to service at shops and repayment of credits on the principle
‘at will’. ‘The number of our clients preferring "credits on-site"
to buy goods is growing year by year. So, we adopted a decision
to provide credits on the place. Due to it, out clients will avoid
troubles connected with registration of documents and will save time’,
Norvik experts say.
Now our clients have an opportunity to buy goods on credit directly
at a shop without visiting the credit organization. It is noteworthy
that the list of the shops and trading points dealing with Norvik and
providing credits on the place is growing day by day. Both clients
and shops prefer this service. An application is studied within
5-10 minutes. As regards repayment of a credit, it is possible via
Internet, self-service terminals and bank transfers. In early 2008
public awareness of and trust in this system was rather low, whereas
the statistical data for Jan 2009 showed that the system has become
rather popular.
Norvik experts say there are all the preconditions for active
growth of demand for crediting and repayment of credits via
high technologies. Norvik UCO is the Armenian subsidiary of
Latvian-Icelandic JSC NORVIK BANKA.
Armenian Central Bank licensed the UCO in July 2006. The organization
launched activity in September 2006. It has been among leaders in
the ranking of credit organizations for already the three years.