The 19th regular meeting of the Arab Committee for Credit Information commences today, Monday, and will be held over two days via video conferencing. The Committee, for which the Arab Monetary Fund (AMF) serves as the Secretariat, is a specialized body established under the Council of Governors of Arab Central Banks and Monetary Agencies. Its members include directors and officials from credit information centers at Arab central banks and monetary agencies, in addition to managers from licensed national credit information companies.
The meetings are also regularly attended by representatives from the International Committee on Credit Reporting (ICCR), along with several other regional and international institutions.
In this context, H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund, emphasized that credit information systems represent a fundamental pillar of the modern financial system, playing a vital role in enhancing lending efficiency, improving risk management, and supporting financial inclusion, in alignment with international best practices. By addressing key focus areas, the Arab Committee for Credit Information can contribute significantly to broader goals of sustainable economic growth and financial inclusion across the Arab region.
His Excellency also commended the participation of relevant regional and international financial institutions and their valuable contributions to enriching the dialogue.