ECI joins hand with AECB“ˆto support SMEs’ growth in UAE

ECI joins hand with AECB“ˆto support SMEs’ growth in UAE

The credit score is calculated historical data from banks and finance companies.. For companies looking to avail of ECI's credit insurance solutions, ECI will use the data from AECB to evaluate the creditworthiness of the buyers helping the local trader in making an informed business decision.. A better credit score will not only help them to avail of better insurance solutions but also have an encouraging impact on the financial services industry which will further contribute to the strength of the UAE economy.". For his part, Marwan Ahmad Lutfi, CEO of Al Etihad Credit Bureau emphasised, "Al Etihad Credit Bureau is a key enabler for financial services transactions and we are delighted to have ECI join our growing list of non-banking users.. "Utilising information from Al Etihad Credit Bureau by entities like ECI for risk management will no doubt support the UAE's credit insurance landscape by facilitating access to credit and improving payment behaviours along the way.".