ABOUT SIMAH

Who is SIMAH

In 2002, SIMAH, the Saudi Credit Bureau, was established. Initially formed as a limited liability company by 10 banks then operating in the Kingdom, the bureau was created to act as a data aggregator, providing a comprehensive system of credit information, collected by the banks in order to be exchanged easily between them.

 

OBJETIVES

• Increasing lender and investor confidence.
• Enabling credit providers to form a clear image of prospective borrowers by providing them with borrowers’ credit history, improving their ability to determine financial solvency and to assess credit risk.

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Mission

To provide comprehensive credit information services and added-value products by utilizing best business practices, thereby offering the highest standards of professionalism to stakeholders in the financial sector and beyond.

 

Vision

To become a credit bureau operating at world-class standards in terms of its provided products and services.

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