SISBON - Slovenian Credit Bureau

Slovenian Credit Bureau - SISBON is information system for exchanging customer’s indebtedness data between banking and saving institutions in Slovenia. It is organized and managed within The Bank Association of Slovenia, operates since January 1, 2008.

Facts

• data providers in SISBON – banking and saving institutions in Slovenia (21), prospective non-banking institutions also
• data updating frequency - daily - in 3 days at the latest
• data are stored 6 years after maturity or 6 years after last data input
• according to The Banking Law in Slovenia, at this moment customer’s consent is not necessary. It is necessary for non-banking institutions (which are not members of the existing SISBON)

Legal basis

• Legal basis – EU – The Directive on the protection of individuals with regard to the processing of personal data and on the free movement of such data Directive 95/46/EC and The Directive of European Parliament and Council on the harmonization of the laws, regulations and administrative provisions of the Member States concerning credit for consumers repealing Directive 87/102/EC and modifying Directive 93/13/EC
• Domestic legal basis – The Banking Law in Slovenia, The Law on personal data protection in Slovenia, Banking and Saving institutions Agreement on establishing the SISBON

Data structure

• Customer’s personal data
• Type of contract:
  • current accounts with overdrafts
  • overdrafts
  • loans (personal/consumer loan, mortgage loan, home loan)
  • guarantees
  • credit cards, revolving loans
  • other outstanding debts
• Positive and negative information on contract:
  • positive: repaid debt, prepayments, changes of annuity, changes in maturity
  • negative: cancellation-outstanding debt, arrears, (de)blockades, late payments

Customer rights in SISBON

Customer has right to:

• information
• rectification and erasure
• object

Plans for the future

• implementation of credit scoring
• extension to non-banking institutions (leasing…)