A setback for Al Etihad Credit Bureau credit reports in the UAE – The National Business

All major banks in the UAE have decided against using credit reports from Al Ethihad Credit Bureau due to confusion over liability of inaccurate data.

The credit bureau was established to strengthen the banking system in the UAE, but the Chairman of the UAE Bank Federation has said the reports will not be used until liability and responsibility for the information is clear.

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Source: The National Business – Frank Kane & John Everington

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