Credit profiles for individuals and companies will be made available to creditors within six months, the Federal National Council was told on Tuesday.
Obaid Humaid Al Tayer, Minister of State for Financial Affairs, provided an update on the Dh200 million project after FNC members' concerns about a lack of credit information in the banking sector.
"[It will] be launched in less than six months and it will be liable for organising, collecting, keeping and classifying credit information," he said.
No comments:
Post a Comment