QNA
Doha
Qatar Credit Bureau on Wednesday announced the launch of a new service that provides credit reports online. The new service coincided with celebrating the bureau’s 10-year anniversary, in an event attended by Qatar Central Bank Governor Sheikh Abdullah bin Saoud Al Thani.
The new service is part of larger efforts to develop Qatar Credit Bureau’s systems, which includes a host of new digital services that will not need paper processing.
Commenting on the occasion, Qatar Credit Bureau CEO Sheikha Maryam bint Khalifa Al Thani said, "The bureau plays an important role in supporting financial stability in Qatar. The new services, which will be effective from Sunday, will enhance the bureau’s role in supporting the financial system and providing accurate and comprehensive credit information.”
She noted that the bureau’s credit information system was recognised by the International Organization for Standardization (ISO) in many fields such as cybersecurity systems and business continuity.
She added that the bureau is currently working on increasing the number of its members, as well as providing more data that would be useful given the growth of the local economy and the expansion of a number of small and medium enterprises.
Qatar Credit Bureau issued around 370,000 reports to its member institutions that included 322,000 reports on their transactions with individuals, and another 26,000 reports on their transactions with other companies. The bureau also issued 33,000 credit reports for individuals.
The digital assessment called Credit Scoring issued by Qatar Credit Bureau, is a standard reference in the field of credit as well as an objective tool to estimate the risk of customers.
Doha
Qatar Credit Bureau on Wednesday announced the launch of a new service that provides credit reports online. The new service coincided with celebrating the bureau’s 10-year anniversary, in an event attended by Qatar Central Bank Governor Sheikh Abdullah bin Saoud Al Thani.
The new service is part of larger efforts to develop Qatar Credit Bureau’s systems, which includes a host of new digital services that will not need paper processing.
Commenting on the occasion, Qatar Credit Bureau CEO Sheikha Maryam bint Khalifa Al Thani said, "The bureau plays an important role in supporting financial stability in Qatar. The new services, which will be effective from Sunday, will enhance the bureau’s role in supporting the financial system and providing accurate and comprehensive credit information.”
She noted that the bureau’s credit information system was recognised by the International Organization for Standardization (ISO) in many fields such as cybersecurity systems and business continuity.
She added that the bureau is currently working on increasing the number of its members, as well as providing more data that would be useful given the growth of the local economy and the expansion of a number of small and medium enterprises.
Qatar Credit Bureau issued around 370,000 reports to its member institutions that included 322,000 reports on their transactions with individuals, and another 26,000 reports on their transactions with other companies. The bureau also issued 33,000 credit reports for individuals.
The digital assessment called Credit Scoring issued by Qatar Credit Bureau, is a standard reference in the field of credit as well as an objective tool to estimate the risk of customers.