A Memorandum of Understanding on the Establishment of a Credit Bureau Platform among Turkic States was signed

The signing ceremony took place on June 24, 2025, in Baku.

The Memorandum was signed by the heads of credit bureaus from Azerbaijan, Türkiye, Kazakhstan, Uzbekistan, and Kyrgyzstan.

Under the Memorandum, the parties aim to implement joint initiatives focused on strengthening cooperation and experience exchange in the field of credit reporting.

The credit bureaus plan to organize joint seminars, educational and training programs, as well as facilitate the sharing of knowledge and best practices.

In addition, the parties will establish effective communication channels to support the expansion of participating institutions' operations within partner countries. The potential for cooperation in other areas related to the development of the financial sector will also be explored.