14 May 2019, Gergana Bencheva, EMIS Editor
Oman sets up own credit bureau
The new entity will also collect individual and company data related to loans, delays and defaults, as well as salaries, employment or pension information. On one hand, it will be connected to the Central Bank of Oman and on the other, all financial institutions in the sultanate will be obliged to be its members.
Last month, S&P Global Ratings cut Oman's outlook to negative but affirmed its debt score at “BB”. Fitch Ratings and Moody's Investors Service have given the country one score higher, Arabian Business noted.
Sign in and read the full article in emis.com, and find out more about EMIS. Original source: Arabian Business