| 29.09.2009 - Bank group calls for unified credit bureau in region |
| From Gulfnews.com: The Union of Arab Banks (UAB) has proposed the creation of a unified credit bureau and risk management unit for the banks across the region. "A unified credit bureau will strengthen the GCC financial sector and lead to greater transparency in the regional economies. Such a move will reduce the possibility of systemic risks to financial sector emerging from corporate frauds," Adnan Ahmad Yousuf, Chairman of UAB, said......................Full Article: Source |