On 1 January 2008, the Credit Register of the Bank of Latvia was launched. The Credit Register is an information system of the Bank of Latvia ensuring the collection, centralised accumulation and storage of date on borrowers and borrower guarantors, their obligations and performance thereof.
The Credit Register participants are banks and bank subsidiaries registered in the Republic of Latvia and providing financial services associated with credit risks.
The order of data inflow and outflow to the Credit Register is stated in the "Credit Register rules" and in the "Regulation for the Credit Register" and in the "Technical Regulation for the Credit Register" of the Bank of Latvia.
On 1 January 2008, debtor information, previously registered in the Bank of Latvia Register of Debtors, was automatically registered with the Credit Register.
Additional information: http://www.bank.lv/.
|AS "Meridian Trade Bank" Head office, 57 Elizabetes Str., Riga, Latvia, LV-1050|