Oman In­sur­ance signs up with credit bu­rea

The National - News - - BUSINESS -

Oman In­sur­ance Com­pany has signed up with the Al Eti­had Credit Bureau to re­view com­mer­cial clients’ cred­it­wor­thi­ness and bet­ter man­age credit risk ex­po­sure. The bureau is a fed­eral govern­ment en­tity man­dated to build a repos­i­tory of credit in­for­ma­tion in the UAE from both fi­nan­cial and non­fi­nan­cial in­sti­tu­tions. The re­sult­ing credit scores and credit re­ports pro­duced from this data for in­di­vid­u­als and com­pa­nies alike will be used by OIC to pro­vide payment plans for clients with good credit his­tory.

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