CRIF Jordan and Arab National Leasing Company Sign Credit Enquiry Service Agreement

CRIF Jordan and Arab National Leasing Company (a member of the Arab Bank Group) signed a credit enquiry service agreement on Monday, November 4, 2024, aimed at enhancing the efficiency of credit operations and supporting credit granting decisions based on accurate and comprehensive credit reports. This step aligns with Arab National Leasing's efforts to develop its services in line with technological advancements and the increasing needs of individual and corporate clients.

In this context, Mr. Ahmad Amoudi, The Managing Director of CRIF Jordan, emphasized the importance of this agreement, stating: "The leasing sector is one of the most important sectors contributing to economic activity in the Kingdom. The inclusion of Arab National Leasing Company in the credit enquiry service enhances the comprehensiveness of CRIF Jordan's database and helps provide participating institutions with integrated and comprehensive credit information, assisting them in making financial decisions based on accurate and reliable data."

For his part, Mr. Walid Hashem, General Manager of Arab National Leasing Company, expressed pride in this partnership with CRIF Jordan, stating: "We are proud of this partnership, which is a pivotal step in enhancing our leasing services by providing accurate data and advanced credit analyses. We are confident that this will contribute to strengthening the company's ability to assess potential clients before making credit approval decisions and to evaluate the credit performance of existing clients after providing the required financing."

Arab National Leasing aims to improve its credit assessment processes through its participation in the credit enquiry service, allowing it to expand its range of services. Meanwhile, CRIF Jordan aims to enhance its database to include more economic sectors, particularly the leasing sector, which supports efforts to achieve the national strategy for financial inclusion in the Kingdom.

This agreement is an important step toward achieving a shared vision between Arab National Leasing Company and CRIF Jordan to support the local economy and enhance confidence in the financial sector by providing innovative and accurate services.