Al Etihad Credit Bureau (AECB) is delighted to announce Union National Bank as the first bank to submit data on a daily basis. Daily Data Submission will enable subscribers to access the most recent changes in customers’ information within 24 hours, allowing faster and more effective decision-making.
“We would like to thank UNB for working closely with AECB to be the first bank to go live with Daily Data Submission. We are pleased that a number of other banks will be going live over the next few weeks with the majority onboard by year-end,” said Marwan Ahmad Lutfi, CEO of AECB.
He added:” Daily Data Submission will assist banks in making more informed credit decisions by having daily access to information on updated customers’ credit information”.
Mr. Mohammad Nasr Abdeen CEO of UNB commented: “We are very pleased to be the first bank to go live with the new Daily Data Submission feature. UNB has consistently maintained a high credit quality over the years primarily due to a strong customer-focused strategy. Daily Data submission and value added services provided by the bureau will help us keep improving our portfolio quality and enhance customer experience over time”.