March 28, 2024

HSBC Middle East Joins Mala’a Membership Network

On March 24, 2024, HSBC Middle East entered into a membership agreement with the Oman Credit & Financial Information Centre (Mala’a) to become a Banking sector member.

The agreement outlines Mala’a’s provision of a centralized repository of credit and financial data aimed at aiding members in evaluating the creditworthiness of their clientele. This strategic measure is crucial for mitigating credit and financial hazards for banks, thereby promoting responsible lending.

As Oman’s National Data Bank, Mala’a encompasses members from the banking, financial, and telecommunications sectors, as well as SME funds. Additionally, it interfaces with key national registries like the Royal Oman Police and the Ministry of Commerce, Industry, and Investment Promotion. Mala’a furnishes its beneficiaries with comprehensive Credit Reports, empowering them to conduct thorough risk assessments of potential customers.

HSBC is one of the world’s largest banking and financial services organizations. Their global businesses serves around 42 million customers worldwide through a network that covers 62 countries and territories.

February 19, 2025

Mashreq Bank signs a membership Agreement with Mala’a

Mashreq Bank, a leading financial institution in the MENA region, has officially entered into a membership agreement with Oman Credit and Financial Information Centre (Mala’a), under the foreign banks category. This agreement grants Mashreq Bank access to a comprehensive database of credit and financial information, which will aid in making well-informed credit decisions, conducting financial […]

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January 28, 2025

Mala’a Signs Membership Agreement with Oman Housing Bank

In a significant step to enhance technological solutions in the credit and finance sectors, Mala’a has signed a membership agreement with Oman Housing Bank to offer the Huwiya (Electronic Know Your Customer) service. This partnership aims to simplify the process of verifying the identities of customers, whether they are Omani nationals or residents within the […]

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January 27, 2025

Mala’a Signs an Agreement with Credit Oman to Enhance Corporate Credit Assessment

Oman Credit and Financial Information Center (Mala’a) signed an agreement with Credit Oman to utilize (Murshid) service, a strategic move aimed at strengthening the ability to assess corporate creditworthiness and mitigate potential financial risks. The agreement was signed by Mrs. Manahil Jaffar, Acting General Manager of Mala’a, and Sheikh Khalil Al Harthy, CEO of Credit […]

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