The first private credit bureau of Azerbaijan, "Azerbaijan Credit Bureau" LLC (ACB), was established on January 15, 2018, by eight major banks in the country.The company specializes in collecting and analyzing data from borrowers of all types. Its services include risk assessment for potential and existing customers, portfolio management solutions, credit reports, and scoring services, and disputing any errors and inaccuracies in the credit reports. By providing up-to-date and accurate information, ACB helps reduce credit risks and minimize financial asymmetry for its clients.As one of the main components of the financial infrastructure, ACB has signed contracts to exchange information with 210 organizations, including the Central Bank of the Republic of Azerbaijan, the Ministry of Justice of the Republic of Azerbaijan, the Mortgage and Credit Guarantee Fund of the Republic of Azerbaijan, 25 banks, 22 banks in the liquidation process, 55 non-bank credit organizations, 6 non-bank credit organizations in the liquidation process, 37 credit unions, 1 credit union in the liquidation process, 9 leasing companies, 20 insurance companies, 2 insurance companies in the liquidation process, 3 mobile operators, 3 utility services operators, 22 retail companies, 1 factoring company, and 1 collector company, as of February 2, 2023.