The cooperation agreement was concluded with the Credit Information database on February 01, 2017. Credit information is the important infrastructure of the financial market for the benefit of both creditor and borrower. The financial institutions and commercial banks use their borrower’s credit information to calculate their credit rate.
“Gyals Tugrug” SCC is using the credit information of its borrowers in order to maintain the stability of loan portfolio and to use the information to leverage the borrowers to repay the loans.
Also by submitting the credit information of our members to “Credit information database”, we are maintaining the borrowers’ financial discipline, and contributing our share to financial intermediaries’ market. Members are becoming accountable for the timely repayment of their loan and considering their future commitment to their financial stability.
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