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January 27, 2020

Taageer Finance Company SAOG Signs a Membership Agreement with Mala’a

Taageer Finance Company SAOG has signed a Membership Agreement with Oman Credit & Financial Information Centre to be part of Mala’a’s members system to facilitate the enhanced decision-making process and reduce credit risk.

The membership agreement states that Mala’a provides a central database of credit and financial information at the national level with the purpose of assisting members in making credit and/or business relation decisions through the assessment of solvency of their customers leading to reduced credit and financial risks and extension of financial inclusion in the Sultanate of Oman.

Oman Credit and Financial Information Center includes members from the banking, financial, insurance, and telecom sectors, as well as SME funds. It is also connected to more than 17 government registries of information providers. As per the Royal Decree no 38\2020, Mala’a is to provide a database of credit and financial information on a national level, to assist its members or beneficiaries evaluate their client’s solvency, and therefore reduce credit risks, improve loans quality, and reinforce financial inclusion in the Sultanate, according to state-of-art technologies and global standards.

Taageer Finance was established in 2005 and it offers financial products to cater to the needs of the business and consumer segments.

November 29, 2020

Oman Credit and Information Centre Signs an MoU with Jusoor Foundation

Muscat\ Oman Credit and Financial Information Center (Mala’a) signed a Memorandum of Understanding with Jusoor Foundation on November 29th 2020 that states providing credit and financial information about Jusoor Foundation’s service providers, individuals and supplying or project executing corporates. The information will be used to assess the clients’ solvency and creditworthiness as stipulated in the […]

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November 11, 2020

Oman Credit and Information Center Signs an MoU with the Ministry of Social Development

Muscat\ Oman Credit and Financial Information Center (Mala’a) signed a memorandum of Understanding with the Ministry of Social Development on November 8th 2020, to provide the MoSD with Mala’a Report and Mala’a Score for individuals and corporates. The MoU aims at assisting the ministry to evaluate the creditworthiness of its consumers and beneficiaries, in order […]

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September 17, 2020

Oman Credit and Information Center Signs an MoU with the Ministry of Agriculture and Fisheries

The Ministry of Agriculture and Fisheries Wealth signed a Memorandum of Understanding on September 17th 2020 with the Oman Credit and Financial Information Center (Mala’a) at the Ministry’s building in Al Khuwair. The MoU states that Mala’a provides credit and financial information of investors in the agriculture and fisheries sector to the Ministry, as well […]

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