The Artemis Credit Bureau

Innoserve: The Artemis Credit Bureau

The Artemis Credit Bureau stands as a cornerstone of financial transparency in Cyprus, initiated by the Cyprus Banks Association and supported by key financial regulators, including the Central Bank of Cyprus. Since its inception in 2008, Artemis has been pivotal in revolutionizing the way credit information is shared and utilized within the country. By facilitating a secure and efficient exchange of data among creditors, it plays an instrumental role in assessing and enhancing the creditworthiness of individuals and businesses alike.

Operating under strict regulations, Artemis ensures that access to sensitive financial data is tightly controlled, allowing only authorized personnel within financial institutions to view a person’s credit obligations. This not only aids in responsible lending practices but also empowers borrowers to better understand and manage their credit profiles. With the evolution of financial technologies, Artemis Credit Bureau is expanding its services beyond traditional banking, exploring opportunities to support other economic sectors in assessing credit risks effectively.

As Cyprus’s economy continues to integrate more deeply into the global financial system, the role of Artemis Credit Bureau becomes increasingly significant. Its commitment to maintaining a robust, secure, and transparent credit information system is essential for fostering a healthy financial environment, encouraging prudent lending, and supporting economic growth.

Credits / More Info
Interview of Mr. Yiannis Tomasidis, General Manager of Artemis Credit Bureau on Brief.com.cy
https://www.brief.com.cy/oikonomia/kypros/ti-einai-i-artemis-credit-bureau-oi-ypiresies-kai-orama

Written by on April 08, 2024