UAE credit bureau starts retail ops, to cover firms next yearThe UAE's credit bureau has begun covering retail customers and plans to extend its work to companies next year, its chief executive said on Wednesday. The much-delayed Al Etihad Credit Bureau now has financial information on More… |
UAE credit bureau starts retail ops, to cover firms next yearThe UAE's credit bureau has begun covering retail customers and plans to extend its work to companies next year, its chief executive said on Wednesday. The much-delayed Al Etihad Credit Bureau now has financial information on More… |
Era of blacklists over, says Saudi credit chiefFactual credit information leads the way in assessing consumers’ creditworthiness which will effectively see the end of blacklists, said a top official of Saudi Credit Bureau (Simah). A recent study on payment behaviour cond More… |
UAE credit bureau asks banks to supply dataAl Etihad Credit Bureau, a federal government company which provides credit reports on individuals and corporates in the UAE, has asked all UAE banks and financial institutions to submit their customers’ credit data for the pas More… |
UAE credit bureau to start work soonA long-awaited federal credit bureau will start operating in the United Arab Emirates this quarter, allowing banks to check a customer's financial health before extending new debt, the state-owned company said on Tuesday. Al E More… |
UAE credit bureau unlikely to start work by JuneThe UAE's federal credit bureau may struggle to start work by the June date set by the authorities, although it should do so by the end of the year, two top retail bankers said. Central bank governor Sultan Nasser al-Suweidi w More… |
Qatar credit bureau to limit delinquenciesQatar's new credit bureau will improve risk management in banks and competition for good credit may lower rates, its chief executive said on Thursday, and aims to curtail market delinquenices in the country. Qatar's central bank th More… |
Qatar credit bureau to cut lending riskQatar's central bank launched a credit bureau to assess individuals' credit worthiness and limit lending risks, according to a statement on Tuesday. The bureau will provide credit report and credit-rating service More… |
UAE plans to set up federal credit bureauThe United Arab Emirates plans to set up a federal level credit bureau to provide credit information, a move that will ensure transparency in financial policy making, the ministry of finance said on Sunday. A federal corporation in the mak More… |
UAE bankers demand credit bureauBankers in the UAE recently called for a credit bureau in the country, given the current situation in the credit market at a roundtable summit. At the summit organised last month the MoneyWorks Group of Magazines, bankers and industry expe More… |