Those who apply for a loan can be screened in several different ways. One of them is also finding out the financial past. As? Checking the registers. These can be divided into banking and non-banking. Which ones are among the best known and what is their characteristic? Look at.
Bank register of client information
The first register we introduce is the banking register. Its name is quite clear, and reads the Bank Register of Client Information. In practice, rather its abbreviation, and BRKI. It is a register that was established in 2002 and since then it has been gradually collecting information about clients that banks have entered in the register. It is definitely interesting that the register does not only register natural persons. This register also includes entrepreneurs, ie persons to whom an ID number has been assigned. They may also have a different financial past which can be ascertained by consulting the register. The entries in this register have a relatively long validity of four years. However, the deadline is not calculated from the time a specific person or entity is registered. This is a time limit starting from the moment the client settled his obligations. In retrospect, it is easy to find out that he had a problem and what.
This register is operated by a private company called Czech Bankil as Due to its name, it is often also used by CB. Some people mistakenly use this to denote this bank register. However, it is only an abbreviation for a company that operates the Bank Register of Client Information with the abbreviation BRKI.
Non-bank client information register
This register is very similar to the previous one. The only difference is that while the CIBR serves banks, the Non-Banking Client Information Register serves non-banking companies. These are one of the foundations of the current credit market and it is through this register that they exchange individual information. The abbreviation for this register is NRKI. It was established two years later than in the case of the bank. So in 2014. Sometimes it can also be used by its English name, which is Loans and Leasings Credit Bureau and also associated with the abbreviation LLCB. As far as its use is definitely one of the best known in the non-banking segment.
Here too, the operator is a private entity, which is a company called Czech Non-Bankil. For this, the abbreviation CNB is used, under which this particular non-bank register can be found.
Central register of debtors
Relatively unique register, mainly in its scope. While the options described above are mainly related to the domestic market, the Central Register of Debtors already has an international reach. This means that it is able to find commitments of specific people or business entities both within the Czech Republic and abroad.
- Verified zone
- Unverified zone
- Black Business Book
- Debtors in insolvency
Thanks to this division, individual information or specific companies can also enter individual information into the register. This is precisely where they encounter behavior that has the characteristics of fraud, or otherwise involves different obligations. At the same time, due to the great openness and often unverified data, lenders do not use it so often.
Central Credit Register
This register can be said to have the greatest weight in terms of the quality of the information provided. This is because it is a system operated by the Czech Bank. Its aim is to unify specific data. This is about the clients of banks and their specific claims. In this register you can find information about private subjects as well as about companies that have receivables from banks operating in our market – including those that are purely foreign. This also makes it clear that in the case of non-banking entities and any liabilities that clients have towards them, they cannot be traced in this register. It specializes exclusively in the banking segment.
Association for the Protection of Leases and Consumer Credits
Although the name may sound quite complicated when SOLUS is mentioned, most people already know what it is. It is one of the most famous registers in the Czech Republic, which is registered as an interest association of legal entities. It was founded in 1999 and currently operates several registers, which are as follows:
- Register of Individuals
- Register of natural persons doing business and legal entities
- Insolvency register
Furthermore, the operation of the positive registry or the register of invalid documents is part of the entire association. You can read more about the SOLUS registry in one of our previous articles.
Central records of distraints
This is also a register that both banks and non-banking companies like to consult. Here, too, it must be said that the data contained therein are quite large. The reason is that this register is operated by the Chamber of Commerce of the Czech Republic itself. It has an overview of all current distraints, which are subsequently entered in this register. It is kept as a public list, which means that it can be consulted by both lenders and any other natural or legal person. He just needs to have personal information about the person he wants to cheat. The individual bailiffs are obliged to enter in the register all specific executions for which a so-called notification has already been carried out. The deadline for registration is three days, which is also associated with the fact that this register can be considered as relatively up-to-date. The same time limit applies also to the suspension or execution of the execution.