SASBI.net

According to Russian legislation every bank has to report to one of the credit bureaus (CB). The reported credit histories (CH) contain info on credit amount, monthly payments and other information. Any bank can request your credit information to assess consumer credit worthiness and decide whether to issue you another loan or not.

Consumers with good credit histories can get a new loan with a lower interest rate. But one has to know which CB stores its credit history and what banks can request that history from CB. If your credit history is poor for example you had delinquent loans you better look for a bank that don’t request your credit history.

Russian Central Bank (RCB) web site allows finding the CB’s where ones histories are stored. According to RCB web site there are 800+ credit organizations and 30+ credit bureaus in Russia. Most of the credit histories are stored in the five biggest CB’s: Equifax, Expirian-Interfax, NBKI, Infocredit and MBKI.

Banks don’t like to publish the list of CB’s they work with. But some information is available online. My task was to develop the schema of banks and credit bureaus cooperation. For instance if one sentence contains both bank and credit bureau names it is very probable they do exchange information with each other. But I had to exclude all the sentences containing more than one bank or CB names because that sentence can be a list of some forum participants.

The schema above was developed using 5 000+ html pages that contain at least one of the five biggest CB’s. Unfortunately schema doesn’t show the direction of the information exchange. The bank can request information from one CB and report credit histories to the other. The calculation of data exchange direction is a next task as well as the increase of the number of banks and CB’s.