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ACRA credit bureau finds new partners

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  • ACRA credit bureau finds new partners

    ArmenPress
    Oct 7 2004

    ACRA CREDIT BUREAU FINDS NEW PARTNERS

    YEREVAN, OCTOBER 7, ARMENPRESS: A delegation of Armenian ACRA
    Credit Bureau was in Beijing when Armenian president Robert Kocharian
    was visiting China with an official visit. The Chinese capital was
    the venue of two major international economic gatherings from
    September 26 to September 30.
    The first was organized by the Association of Consumer Credit
    Information Suppliers (Europe) (ACCIS)), the Consumer Data Industry
    Association (U.S.) (CDIA)) and the Chinese Huaxia International
    Business Credit Consulting Co.. The goal of the first gathering was
    to bring together representatives of credit bureaus worldwide to
    discuss their urgent problems, exchange experience and single out
    their roles in world economic processes.
    Armenia was represented by Armen Vardanian, the chairman of ACRA
    credit bureau, who assessed highly the gathering's outcome, saying it
    is especially important for newly established bureaus, which start
    their activity basing on international experience.
    He stressed the importance of an arrangement made with ACCIS that
    will allow ACRA to become its member that will in turn be crucial for
    presenting Armenia as a country with low-risk business environment.
    Another gathering in Beijing was organized by World Bank to
    discuss possibilities of a dialogue among private and state-run
    credit registries, which according to Armen Vardanian is very
    important for an interaction between private and state-run
    registries. He said a good example of such a cooperation is the
    interaction between ACRA and the Armenian Central Bank. The latter
    has pledged to help ACRA develop and enhance cooperation with
    commercial banks.
    Vardanian said apart from presenting its activity ACRA has also
    found new partners. He said he invited heads of big credit bureaus
    and other lending organizations to visit Armenia in mid October to
    discuss concrete cooperation issues.
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