





Romanian credit market to be closely monitored starting December
The scoring system will be applied starting with December, Credit Office general director Serban Epure declared. He added that the long term benefits of the scoring system would be felt by companies but also by clients.
He declared that his institution, opened in 2004 collects positive and negative data from the banks relating to customers who pay or delay payment for their credits. In four years of functioning, the institution released 18 million credit reports. Moreover, the office holds in custody some 4.8 million debtors who hold some 8.3 million credits. The institution currently receives data from 28 banks with a 98.5% market share but also from eight consumption credit companies and two leasing companies.