Procedure for Information Provision to Credit Information Bureau in the Territory of Georgia, Registration and Availability of Information in the Database of Credit Information Bureau

28
Mar
Procedure for Information Provision to Credit Information Bureau in the Territory of Georgia, Registration and Availability of Information in the Database of Credit Information Bureau

Dear Customers, please be informed that:

JSC “Isbank Georgia” will obtain/process the credit/non-credit and other relevant information of you/ your company/organization related to provision of the Credit Informative Bureau with the information, and receipt of the information in line with and under the conditions stipulated under the legislation of Georgia. Hereof information shall be processed in view of analyzing solvency of the Customer and will be accessible for the Customers of the Credit Informative Bureau in line with the legislation (the credit organizations and recipients/providers of information). In the event of demand of the Customer (including, the data subject), the data processor shall correct, update, amend, block, erase or destruct the data if the data is incomplete, incorrect or outdated, or if obtainment and procession thereof have been ensured with prejudice to the law.

Please also be informed that the Bank has been guided since 01 January 2019 by the provisions of the Order of the President of the National Bank of Georgia on Approving the Procedure for Information Provision to Credit Information Bureau in the Territory of Georgia, Registration and Availability of Information in the Database of Credit Information Bureau.