Central Bank of the Republic of Azerbaijan Baku – 2012

What is CCR? 2 Centralized Credit Registry service 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. Centralized Credit Registry service 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

Statistic data on borrowers Dynamics Legal entities Credits issued to legal entities take 1.7% of all credits issued Total number of credit information – Centralized Credit Registry service Individuals The key portion of data is on loans issued to individuals

5 The CCR in numbers (dynamics) Centralized Credit Registry service

6 Effectiveness 6 Centralized Credit Registry service

7 7 Multiple borrowing ratio Centralized Credit Registry service

8 Doing business Getting credit IndicatorsAzerbaijanEastern Europe & Central AsiaOECD Strength of legal right index (0-10) 677 Depth of credit information index(0-6) 555 Public credit registry coverage (% of adults) Private credit bureau coverage(% of adults) The Netherlands 48 France 48 Azerbaijan 50 Regional average (Eastern Europe & Central Asia) 78 Turkey 78 Kazakhstan 98 Russia Centralized Credit Registry service

Any questions ??? Centralized Credit Registry service