Union of Credit Information Issues 15 Million Reports and Evaluations Annually

The Credit Information Company has announced a significant increase in the number of credit reports issued, rising from one million reports in its inaugural year to over 15 million annually.

In celebration of its 10th anniversary of providing credit reports in the country, the organization highlighted the growing importance of credit records and the demand for credit data and analysis, emphasizing its role as a crucial tool for fostering trust and financial stability.

Since the first credit report for individuals was issued in September 2014, the Credit Information Company has become a key player in the financial and economic landscape of the nation.

In honor of this milestone, the UAE Central Bank has released a commemorative silver coin valued at 10 dirhams, featuring a design that reflects the company’s new corporate identity.

Marwan Ahmed Lutfi, the General Director of the Credit Information Company, stated, “This commemorative coin not only represents our journey but also expresses our gratitude to the institutions and individuals who have contributed to our success. Over the past decade, we have built a solid foundation that has made the Credit Information Company a vital component of the financial ecosystem in the country. Through reliable data analysis, we reaffirm our commitment to enabling sound financial decision-making and promoting financial stability in line with the nation’s vision for the future.”

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