UAE’s Al Etihad Credit Bureau will begin operations next month | The National:
"The UAE’s nascent credit bureau will begin operations next month to help banks assess the ability of clients to pay back debt.
“The first phase, which will be launched in September, will allow banks and financial institutions to access and purchase existing and potential customers’ credit reports electronically after submitting all the necessary documents,” said Marwan Ahmed Lutfi, the chief executive of the bureau. “Customers will also have access to their credit reports through our soon-to-be-launched customer service centres.”
Al Etihad Credit Bureau had already started to ask banks to submit financial data and is collecting information from lenders."
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