KABUL CITY, Kabul Province – Bank officer Mir is busy running an online inquiry of a company’s credit history, which he knows will only take a few minutes.
“Prior to the deployment of the Public Credit Registry system, verification of a customers’ credit history would take weeks or months, but now it is only a button click away,” says Mir, who works at the private Afghanistan International Bank (AIB).
Mir has become much more productive after the deployment of the electronic Public Credit Registry (PCR), which allows banks to view the credit history of credit applicants, obtain credit scores, and make informed credit decisions based on the information available online. He recently received training on the new PCR system at (DAB), Afghanistan’s central bank, which operates and manages the electronic online system.