Baku: ACIPE member countries are set to sign a memorandum on the exchange of credit information, as announced by Ruslan Omarov, Chairman of the Board of the Association of Credit Information Providers in Eurasia (ACIPE). This development was revealed during the First International Credit Reporting Conference held in Baku.

According to Azeri-Press News Agency, Omarov highlighted that the initiative not only benefits individual countries but also aims to enhance transparency and mutual trust within the association. He expressed hope that the signing of the memorandum would occur soon, marking the first step for the participating countries in the credit information sharing process.

Omarov emphasized the significance of this event for the member countries, indicating that it would lay the foundation for future cooperation and collaboration in credit information exchange. The memorandum is expected to foster a more integrated and efficient credit reporting system across the member nations.