Qatar Credit Bureau was established pursuant to Qatar Central Bank Board of Directors Resolution No. 5 (2008) issued on June 29, 2008, and began operating effectively on March 21, 2011.
Qatar Credit Bureau is considered one of the important tools that assist Qatar Central Bank in increasing the effectiveness of banking supervision and contributing to the development of policies based on correct credit information, which helps reduce and limit credit risks.
Qatar Credit Bureau provides reliable and accurate financial data, subject to international data quality standards, in addition to applying the best safety practices and procedures to ensure the security and confidentiality of the transferred data.
In a statement on this occasion, His Excellency Sheikh Bandar bin Mohammed bin Saud Al Thani, Governor of Qatar Central Bank, said that the management of Qatar Central Bank has found the importance of establishing Qatar Credit Bureau to help prepare sound credit policies, make the right credit decision, and reduce financing risks, which reflects positively on the financial stability of the state.
