Cooperation with Bayan Credit Bureau

In the name of Allah, the Most Gracious, the Most Merciful

Saudi Arabian Monetary Authority Headquarters

Banking Policy Department
Ref. No.: ....................................................
Attachments: ....................................................

Circular

Your Excellency, [Name]
Greetings:

Subject: Cooperation with Bayan Credit Bureau Company

Based on the Credit Information System issued by Royal Decree No. (M/37) dated 1429/07/05 AH, and its executive regulations issued by the Governor's decision No. A.Q./13709 dated 1432/09/22 AH, and referring to the license granted to Bayan Credit Information Company under Decision No. 37/2 dated 1437/09/23 AH to practice credit information activities.

Accordingly, we request cooperation with Bayan Credit Information Company through sharing credit information for the commercial enterprises sector, which enhances transparency in this sector and assists in estimating the volume of financial obligations and creditworthiness of companies operating within it.

Accept my regards,

(Signature)
Ahmed bin Abdullah Al-Sheikh
Deputy Governor for Supervision

(Signature)
[Name]

Distribution Scope:

• Banks operating in the Kingdom
• Licensed financing companies in the Kingdom

Bain Dheesh
P.O. Box 2992, Riyadh 11169 | Telex: Markazi | Fax: 404400 Tel: 4633000 | Fax: 4662414