ID :
169805
Mon, 03/21/2011 - 20:55
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Shortlink :
https://oananews.org//node/169805
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Prime Minister Inaugurates Qatar Credit Bureau
Doha, March 21 (QNA) - HE the Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor Al-Thani inaugurated this evening the Qatar Credit Bureau .
The Bureau is to help to support the sustainable growth of credit in the State of Qatar, relying on customer data and risk-based methodologies; it will also provide the Qatar Central Bank (QCB) and the banking sector with analytical data to support the implementation of advanced techniques in risk management as outlined in "Basel II" Accord.
Qatar Credit Bureau s future vision implies the progressive development of the Bureau to become an economic information centre, which draws upon the analytical insights of all the fundamental economic sectors so as to promote the management of the economy in the country.
The establishment of Qatar Credit Bureau constitutes a major and distinctive turn for the benefit of the national economy and the banking sector.
The inauguration ceremony was attended by HE Qatar Cenral Bank Governor Sheikh Abdullah bin Saud Al Thani, HE Deputy Governor of Qatar Central Bank Sheikh Fahd bin Faisal Al Thani, and CEO of Qatar Credit Bureau HE Sheikh Bandar bin Mohammad bin Saud Al Thani. (QNA)
The Bureau is to help to support the sustainable growth of credit in the State of Qatar, relying on customer data and risk-based methodologies; it will also provide the Qatar Central Bank (QCB) and the banking sector with analytical data to support the implementation of advanced techniques in risk management as outlined in "Basel II" Accord.
Qatar Credit Bureau s future vision implies the progressive development of the Bureau to become an economic information centre, which draws upon the analytical insights of all the fundamental economic sectors so as to promote the management of the economy in the country.
The establishment of Qatar Credit Bureau constitutes a major and distinctive turn for the benefit of the national economy and the banking sector.
The inauguration ceremony was attended by HE Qatar Cenral Bank Governor Sheikh Abdullah bin Saud Al Thani, HE Deputy Governor of Qatar Central Bank Sheikh Fahd bin Faisal Al Thani, and CEO of Qatar Credit Bureau HE Sheikh Bandar bin Mohammad bin Saud Al Thani. (QNA)