Tue, 21 October
9.1 C
Yerevan
USD: 383.01 RUB: 4.73 EUR: 446.28 GEL: 141.40 GBP: 513.50

Armenian parliament ratifies EEU Agreement on Procedure of Transferring Information Included in Credit Histories

YEREVAN, September 15. /ARKA/. By a vote of 65 the Armenian parliament on Thursday ratified a Eurasian Economic Union’s Agreement on the Procedure of Transferring Information Included in Credit Histories.

Deputy Chairman of the Central Bank Hovhannes Khachatryan said the main goal of the Agreement is to simplify the availability of credit products for citizens and organizations of the EEU member countries, as well as to enable banks to fairly and objectively assess the credit risk of potential creditors.

The Agreement also creates a legal basis for cross-border exchange of credit histories.

“Transfer of credit information is possible only with the consent of the subject, i.e. the individual or legal entity to which the information relates. The data can be used solely for the purpose of forming credit relations,” he specified.

Khachatryan said that the information from Armenia will be transferred by ACRA Credit Bureau.-0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img