(MENAFN- Saudi Press Agency)
Riyadh, Safar 27, 1439, Nov 16, 2017, SPA -- The Minister of Commerce and Investment (MCI) Dr. Majed Abdullah Al-Qassabi launched here today the Company of "Bayan for Credit Information" as the Kingdom's leading business credit information provider specializing in local and international reporting and credit risk systems to achieve the Vision of 2030.
The launching ceremony was attended by more than 500 participants; ministries, representatives of banks and financial institutions and CEOs of major companies operating in the Kingdom.
Minister Dr. Al-Qassabi stated that Bayan will provide all types of credit-related services and products, like business reports, intra-trade, receivables/payable ,credit banking and financial reports as well as smart credit risk management systems which will cover all the institutions and companies operating in the Kingdom of Saudi Arabia and large class of international institutions and companies to serve commercial and industrial sectors.
He also explained that Bayan aims to achieve its strategic objectives by adopting the highest operational efficiency standards and activating the principle of fair and strategic partnership with its clients and understand their needs to serve them around the clock in order to achieve clients' satisfaction in short and long term by relying on the most efficient human and technical resources.
It is worth mentioning that Bayan is the credit information company licensed by the Saudi Arabian Monetary Agency (SAMA) with a share capital of 100 million Saudi Riyals and owned by a group of strategic partners from government and private sectors.
--SPA
00:08 LOCAL TIME 21:08 GMT
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