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
- 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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