The Central Bank of Uzbekistan has recently issued a license to CRIF Kredit-Axborot Xizmatlari, allowing the establishment of the first world-class private credit bureau in the Republic of Uzbekistan.
CRIF Kredit-Axborot Xizmatlari was founded by CRIF in partnership with six major banks in the country: Uzbek Industrial and Construction Bank, Asia Alliance Bank, Invest Finance Bank, Ipak Yuli Bank, Ipoteka-Bank, and Hamkorbank.
The awarding of the license is the result of a sustained effort over nearly 4 years by CRIF, which was initially selected as the global credit bureau industry player to assist in setting-up a sophisticated, state-of-the-art credit bureau infrastructure. This remarkable milestone was achieved thanks to the great support of local shareholders, the International Finance Corporation (IFC) - a member of the World Bank Group - and the Central Bank of Uzbekistan.
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CRIF obtains license to establish credit bureau in Uzbekistan
In one single year, we doubled our production on our indirect lending.
Toby Smith, VP of Lending SECU - MD
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800.407-9985 (Phone)
866.682.6351 (Fax)