Al Ansari Exchange, a part of Al Ansari Financial Services Group, has announced an expansion of its partnership with Al Etihad Credit Bureau to offer credit report services for individuals through its extensive branch network across various Emirates of the UAE.
This initiative aims to enhance financial transparency and enable customers to access accurate and reliable credit information.
The launch of this service aligns with Al Ansari Exchange’s strategy to develop innovative financial services and broaden the range of value-added solutions available to customers, supporting the UAE’s objectives of enhancing financial literacy and promoting responsible, sustainable financial practices.
This initiative builds on the success of the credit reporting service for businesses, which was launched by Al Ansari Exchange in collaboration with Al Etihad Credit Bureau in September 2024. The partnership’s strength now opens opportunities for a wider clientele to benefit from trustworthy credit data.
Through this service, individuals can request their official credit reports directly at over 285 branches of Al Ansari Exchange located throughout the UAE. This allows them to review their credit history, gain a clearer understanding of their financial status, and make informed financial decisions.
By taking advantage of the largest branch network in the country and an advanced digital strategy, Al Ansari Exchange continues to establish standards for accessible financial services. Its presence across all Emirates ensures the delivery of world-class financial solutions, bolstered by ongoing investments in cutting-edge financial technologies.
Furthermore, this initiative contributes to the UAE’s national agenda for promoting financial awareness and transparency, encouraging responsible financial behaviors by enabling individuals to easily access reliable credit data that supports personal financial planning and effective management of financial obligations.
Strategic Move
Ali Al Najar, CEO of Al Ansari Exchange, stated, “Expanding our partnership with Al Etihad Credit Bureau to launch credit report services for individuals is a strategic step that reflects our ongoing commitment to enhancing financial inclusion and enabling customers to access accurate financial information that helps them better understand their credit status. By leveraging our extensive branch network across the country along with our advanced digital solutions, we continue to offer innovative services that facilitate access to financial tools, supporting well-informed financial decision-making.”
Strengthening Transparency
Hamad Khan, Customer Experience Manager at Al Etihad Credit Bureau, expressed, “We are pleased to expand our collaboration with Al Ansari Exchange, which enhances the availability of credit information within the UAE. At Al Etihad Credit Bureau, we focus on establishing transparency in the financial ecosystem and empowering individuals to access reliable data that aids them in efficiently understanding and managing their credit profiles.”
Creditworthiness
This partnership reflects the ongoing transformation of Al Ansari Exchange from a traditional exchange into a comprehensive financial service platform supported by technology. With a legacy spanning over six decades, the company continues to invest in innovation, digital solutions, and strategic partnerships to offer a comprehensive suite of financial services that meet the evolving needs of customers in the UAE.
Al Etihad Credit Bureau provides comprehensive credit reports and credit ratings for both individuals and companies in the UAE, with credit scores ranging from 300 to 900, where higher scores indicate a greater level of creditworthiness.