The second round table ACIPE.
22.06.2019
The second round table of the ACIPE (Association of Credit Information Suppliers in Eurasia) was held in Kiev on June 20, 2019.
The peculiarities of the bureau’s activities in the countries of Eurasia, as well as regulatory and supervisory standards were discussed during the round table. Members of ACIPE shared their countries’ experiences in business development, found common solutions and outlined further plans for ACIPE.
The round table was attended by international experts in the information systems and analytical solutions sphere FICO, Credit-info, Crif, as well as a supporting member of the ACIPE and an independent participant – International Finance Corporation (IFC). The experience of international experts is useful for development of the activities of a credit bureau in the CIS countries and the entire Eurasian continent.
Bohdan Pshenychnyi, Chairman of the Board of ACIPE: “Credit bureaus have an important infrastructure value for each country. The credit activity of each country and the economy depend on the degree of development of the bureau’s ecosystem. The experience exchange will allow us to go through all the evolutionary stages of development several times faster and reach the international level. ”
The ACIPE includes credit bureaus of the countries of Eurasia (Ukraine, Kazakhstan, Tajikistan, Kyrgyz Republic, Azerbaijan, Georgia). The members number is increasing and several credit bureaus will join the ACIPE in the near future. It’s important to recall that the main activity of the ACIPE is assistance in the process of exchanging information about loans and debt obligations in connection with the intensive movement of people and companies in Eurasia.
Reference: The ALE “The Association of Credit Information Providers in Eurasia” was established on October 23, 2018 at the initiative of IFC and six credit bureaus with the aim of promoting the development of the credit information market of Eurasia, as credit bureaus play an important infrastructure role in helping consumers and small businesses gain access to financing through partnership with financial institutions.