Royal Decree establishes new credit rating agency in Oman

Oman will presently have a body that will be responsible for rating singular record as a consumer, as indicated by another Royal Decree. 

This implies all data identified with an individual or organization's credits, postponements and defaults will be in one spot. Money related organizations would then utilize this data to check and settle on choices identified with their customers. 

Imperial Decree No. 38/2019 built up Oman Credit and Financial Information authority and declared its standing rules. 

The undeniable free credit and money related data department called Oman Credit Bureau is subsidiary to the Central Bank of Oman.