Baku, Azerbaijan, Dec.15
By Emin Aliyev - Trend:
The Centralized Credit Register Service under the Central Bank of Azerbaijan (CBA) received around 232,037 appeals in October, 2013, the CBA's statistics report published on its website said.
The number of the appeals to the service increased by 2.17 times compared to the same period of 2012 (107,038 appeals), according to the report.
The credit register service received around 231,600 requests from banks and 437 people appealed to obtain credit reports in October.
As of late October, the number of borrowers whose data is included in the credit register service was 1,879,957 and the total number of credit data was 6,107,111.
The number of data on guarantors available in the register service is 764,625.
The Central Credit Register Service has been operating in Azerbaijan since March, 2005.
The rate of a single query for a physical entity is 1.1 manat, for a legal entity two manat.
The Credit Register Service does not have commercial goals and the tariffs are imposed for covering administrative expenditure.
The official exchange rate on Dec.15 is 0,7844 AZN/USD.
Translated by L.Z.