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…Details
The Al Ethihad Credit Bureau, has started issuing Credit Reports in the UAE for Dh110. Financial institutions and residents can have access to these credit reports which have a data accuracy rating of 99.5% which is above the international standard of credit data quality and accuracy. Read More.. Source: The National Business – Mahmoud Kassem…Details
The CEO of Al Etihad Credit Bureau has stressed the importance of information sharing between GCC countries in relation to the credit reporting industry. Al Etihad Credit Bureau has been mandated to implement and operate a credit reporting system in the UAE by the UAE federal government.
Source : Gulf News
Recently, a New Jersey Appellate Court decision provided an in-depth analysis of debt buyers’ use of prior debtors’ records in order to arrive to a final judgement on purchased debt in New Jersey. The decision may represent a useful guide in other jurisdictions.
A new federal government company named Al Etihad Credit Bureau (AECB) will be providing UAE based credit reports and other financial information from the first quarter of 2014. AECB is supported by the UAE government, and has approached all UAE based banks to sign agreements to obtain credit information which will be completed by the…Details
Olympia, Wash., May 16, 2011 — Ansonia Credit Data, a leading provider of high-quality, low-priced business credit reports, today announced the creation of a strategic alliance with Global Credit Solutions (GCS), a global credit and risk management service provider with a network of more than 4,000 people in 90-plus countries working to protect clients wherever…Details
Credit Reporting as defined by Dun & Bradstreet and its’ long standing motto “ Man’s Confidence in Man” or other World Renowned Credit Reporting agencies is the focus on a Business’ ability and record to retire its trade obligations – Is there real confidence in the business one is extending trade credit to. THEN –…Details