Established following the initiative of the Romanian banking community, the Credit Bureau aims to support the participants to the banking system by providing them real, updated, aggregated and consistent information regarding individuals who have outstanding loans with banks or financial companies, have purchased an asset via leasing or have been insured against default risk with an insurer. The Credit Bureau is a joint stock company having as shareholders 25 banks.

The Credit Bureau has been operational since August 2004 and, currently, manages negative and positive data and data regarding fraudulent customers and irregularities, coming from banks and nonbanks. The business of the Credit Bureau includes:

• collecting / processing data on customer portfolios – individual customers;
• information and analyses offered to participants in order to identify and measure credit risk, better quality loans, fraud risk mitigation and loan protection;
• establishing uniform criteria for scoring;
• financial and banking consulting.