13:58 | 11.05.11 | News | 2625

Operators will be able to inform the credit bureaus on debtors

Yerevan/Mediamax/. Armenian parliament approved in first reading today the amendments and changes to the laws on “Telecommunications” and “Credit information circulation and credit bureaus’ activity”.

Mediamax reports that Deputy Minister of Finance of Armenia Suren Karayan stated that the goal of the amendments is to liquidate legislative obstacles in provision of credit information to credit bureaus by operators, functioning in telecommunication sphere.

According to him, as a result of the amendments, the operators, functioning in the telecommunication sphere, will have the right to provide information on the debts of their customers to the credit bureau.

Suren Karayan stated that this draft law is necessary in the context of solution of legislative problems, related to preparation of a complete report by the credit bureaus, functioning in the territory of Armenia, as well as for forming information for people, who do not have a credit history, in the credit organizations.