Friday 29 March 2024
 
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Federal Credit Bureau

UAE federal credit bureau to start in June

The United Arab Emirates' long-awaited federal credit bureau will start work in June, its chief executive said, providing financial institutions with data on the population in the latest move to limit the risks of a new credit bubble.

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Credit Bureau work plan discussed

The operating structure and the main work plan for the UAE’s Federal Credit Bureau were discussed at a meeting of its board recently. The first meeting of the board was held at the Ministry of Finance’s (MoF) headquarters in Abu Dhabi.

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