Central Bank of the Republic of Azerbaijan

www.cbar.az

Baku – 2012

What is CCR?

22 Centralized Credit Registry serviceCentralized Credit Registry servicewww.www.cbarcbar..azaz

The CCR has been established as a centralized database connecting all banks

and almost all non-bank credit institutions (NBCIs);

Both negative and positive data on borrowers are kept in the database;

The CCR gathers the data on all loans of both - individuals and legal entities;

Banks and NBCIs are obliged to submit information on their clients’ credit

liabilities to the CCR;

Banks and NBCIs may obtain information from the CCR in real time regime;

Borrowers may obtain their credit report free-of-charge based upon a

relevant application to the CCR service;

The CCR has an interface with the centralized ID registry to identify

borrowers;

The credit report of the registry presents the data on the quality of

repayment for more than 24 months.

Coverage of the CCR

 

At present, 41 of 43 commercial banks operating across the country use the

CCR system. Branch net of 22 banks has completely joined the system. More

than 750 users of 375 branches are using the system on-line.

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Non-bank credit organizations

24 of 27 NBCIs are connected to the CCR. The work on connection of other

NBCIs with relatively small loan portfolios to the CCR system is under way.

Commercial banks

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Statistic data on borrowers

462,120

704,275

962,546

1,119,711

1,355,346

2008 2009 2010 2011 2012 July

Borrowers

Dynamics Legal entities Credits issued to legal

entities take 1.7% of

all credits issued.

23 133

Total number of credit information – 3 550 477

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IndividualsThe key portion of data

is on loans issued to

individuals.

1 332 213

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5

The CCR in numbers (dynamics)

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6

Effectiveness

66www.www.cbarcbar..azaz Centralized Credit Registry serviceCentralized Credit Registry service

7

77

Multiple borrowing ratio

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8

Doing business 2012

88www.www.cbarcbar..azaz

Getting credit

Indicators Azerbaijan Eastern Europe & Central Asia OECD

Strength of legal right index (0-10) 6 7 7Depth of credit information index(0-6) 5 5 5Public credit registry coverage (% of adults) 15.6 16.2 9.5

Private credit bureau coverage(% of adults) 0 29.4 63.9

48 The Netherlands

48 France

48 Azerbaijan

50 Regional average

(Eastern Europe & Central

Asia)

78 Turkey

78 Kazakhstan

98 Russia

http://doingbusiness.org/data/exploreeconomies/azerbaijan/#getting-credit

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Any questionsAny questions ??????

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