BY THE END OF 2010 ACRA’S CREDIT REPORTING BASE WILL COVER 46% OF THE ARMENIAN POPULATION
ArmInfo
17.03.2010
ArmInfo. By the end of 2010 ACRA’s credit reporting base will cover
46% of the Armenian population, Director of ACRA Credit Reporting
CJSC Artak Arzoyan said in an interview to ArmInfo.
As of today the company has credit information on 43% of the
population.This is a low figure as compared with developed countries.
However, in Armenia each family consists of 3-4 people, so, if, at
least, one of them is a borrower, it means that each Armenian family
has access to credit resources.
At the same time, he said that today ACRA receives information on the
borrower’ debts only from banks and credit companies, but the expected
governmental decision currently being worked out by the Central Bank
will allow the bureau to work with the state departments individually,
enhance the accuracy of data association, collect complete data on
borrowers’ debts from various sources.
"From the technical point of view, we are already ready to receive the
whole information. The full package of information plays an important
role in assessing the credit risks as provides additional information
about the solvency of borrowers",- he said.