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Commercial Certificate

The commercial certificate is an official, certified credit certificate, issued by SIMAH to its members of the business sector to show their total credit exposure to banking and non-banking sectors. This Certificate is used as a requisite to securing a government project or competing in a tender bid.

Commercial Certificate

  • SR 5000 for a single commercial certificate
  • Includes SIMAH certification of credit status & signed by the CEO
  • Contains funded & non-funded facilities & products
  • Includes number & value of bounced cheques, limit value and utilized exposure
  • Displays number and value of defaults
  • Clarifies credit status of entity
  • Mandatory for various governmental sectors & funds

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