SCCI discusses credit report, score for SME businesses

SCCI discusses credit report, score for SME businesses

SHARJAH, 25th September, 2022 (WAM) -- The Sharjah Chamber of Commerce and Industry (SCCI), represented by "Tijarah 101", has hosted a webinar in cooperation with Al Etihad Credit Bureau (AECP) to discuss the importance of AECP credit report and score for SME businesses.

The webinar discussed various topics including the comprehensive credit protection solutions provided by Al Etihad Credit Bureau to help companies improve risk management and make the right decisions when interacting with customers.

Mohammad Ahmed Amin Al Awadi, Director-General of SCCI, Marwan Ahmed Lutfi, CEO of Al Etihad Credit Bureau, and Mona Omran Ali, Director of Small and Medium Enterprises Centre (Tijarah 101), took part in the virtual event. Also present were members of Tijarah and several entrepreneurs in the UAE.

The discussions also touched on how SMEs can regularly upgrade their working practices to meet the needs of various industry sectors and why it is important for them to understand the duties of financial institutions and the acceptability of their credit records. The online meeting also tackled how SMEs may take advantage of a variety of benefits and opportunities offered by the AECP.

Al Awadi stressed that the webinar comes in line with the chamber's ongoing efforts to support Sharjah’s SMEs,