Public Credit Registry

About Public Credit Registry

Public Credit Registry Department (PCR) is established in the organizational structure of Da Afghanistan Bank in 2008, to collect the credit information from commercial banks and financial institutions, provide a value added services, process and analyze the information, issue credit reports, develop scores based on international best practices and issue certified secured transaction notices. Operations of PCR department are governed by Law for Secured Transaction on Movable Property in Banking Transactions, Regulation on Registration of secured Charges and Credit Reporting Regulation.

The purpose of PCR department is to:

  • Reduce fraudulent applications for credit
  • Provide a consumer with the ability to assemble a positive lending history, reduce their cost of
  • borrowing, and increase access to credit
  • Enable banks to better control credit risk
  • Notify third parties of the potential existence of a charge and
  • Establish the priority of a charge based on the date and time of registration.

The distinguishing feature of PCR department is the maintenance of two major registries from the financial infrastructure for the development of financial sector which are as follows:

1- Public Credit Registry (PCR)

2- Collateral Registry (CR)

Public Credit Registry (PCR)

Da Afghanistan Bank (DAB) launched a full electronic Credit Information Sharing System known as Public Credit Registry (PCR) on December 16, 2013 for the first time in Afghanistan. The system is fully automated based on international best practices. PCR enables potential borrowers to have access to finance and increase credit penetration in Afghanistan. The system is helping financial institutions to have enough online information about the customers and their guarantors to make better informed decisions. On April 1, 2014, Public Credit Registry Department of DAB introduced its first online Credit Report, which considered a historic success for the financial sector in Afghanistan. PCR online reports will help lending sector to reduce fraudulent applications for credit, provided consumer with ability to assemble a positive lending history, reduce their cost of borrowing, and increase access to credit that enable banks to better control credit risk.

This is governed by Credit Reporting Regulation and currently is populated with conventional and Islamic Finance advances. The existing subscribers of the registry comprise of all commercial banks in Afghanistan and five MFIs.

The registry is operating 24/7 and has reduced time for credit information sharing from days to seconds, available online.

Credit Reports:

Credit Report is a detailed record of historical events with respect to a borrowers credit facilities and other related information. This report may include vast amounts of information for lenders to analyze and translate in a short period of time, as reports could be in excess of 20 pages.

Credit reports are not only important for corporations, but also for individuals who plan to for credit facilities, credit cards, seek employment, purchase a house or procure and install public utilities.

Collateral Registry (CR)

DAB has launched fully electronic collateral registry based on the regulations adopted in 2010. The registry has all the facilities necessary to provide an effective and transparent, national collateral registration system. The registry has two main purposes. First, to notify third parties of the potential existence of a charge. Second, to establish the priority of a charge based on the date and time of registration. Unlike title (ownership) registries such as a real estate registry, a secured transactions registry does not create or transfer property rights. It publicizes the lender’s claim of a security interest in the asset described in the notice.

Registry officials are not responsible for and do not have the authority to determine the authenticity, accuracy or validity of the information provided in the notice. Notices registered in the registry include only:

  1. The identity of the borrower
  2. The name and contact information for the lender
  3. A general or specific description of the collateral

No underlying documents or substantive review by registry officials is required. Access to the registry is freely available to all. One can search the registry online and for free, 24/7. The search can be made using borrower’s Tax ID, Tazkira Number or passport number depending on whether the debtor is a company or an individual.

The reason for registering a notice of a securing charge is to establish a creditor’s (or chargeholder’s) rights in a chargor’s collateral. The registering of the notice will warn prospective creditors (and buyers) of collateral whether there is a pre-existing securing charge in the property, and the holder of that prior notice most likely has priority in the property. If this is the case, then the current prospective creditor (or buyer) may not obtain priority (or clean title) in the movable property being pledged as collateral (or sold) and may wish to reconsider their business transaction. Therefore, the reason for searching Collateral Registry records is to discover whether there may be a pre-existing securing charge in the property of a chargor.

Contact Us

Should you have any queries or require assistance, please contact PCR department of Da Afghanistan bank.

Address: Dehmazang Square, Kabul Afghanistan

Operating Hours: Saturday to Thursday: 8am -4pm




Public Credit Registry


Collateral Registry