"ACRA Credit Reporting" CJSC, the first private credit bureau in Armenia, was founded in 2004. ACRA is providing information on credit history of individuals and legal entities and cooperating with banks, micro finance organizations, utility companies, grantors and insurance companies operating in Armenia. The primary objective of credit bureau operations is data gathering from the above mentioned institutions, processing, timely updating of information as well as safeguarding the information and preserving the necessary confidentiality.