The State Duma approved amendments to the law on credit information exchange

Яна Орехова Economy / Exclusive
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The ЖК approved amendments to the law on credit information exchange

In its first reading, the Jogorku Kenesh supported changes to the draft law concerning the Law of the Kyrgyz Republic "On the Exchange of Credit Information".

According to the proposals of the initiators, it is planned to reduce the storage period for negative credit information from five to three years. It is also proposed to shorten the storage period for positive information from seven to five years and to establish a maximum storage period for data on loans not exceeding 10,000 soms to one year.
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