Monday 1 June 2020

AlQaed and Al-Janahi

iGA, Benefit launch ‘Credit Report’ eService on

MANAMA, September 17, 2019

The Bahrain Credit Reference Bureau, operated by The Benefit Company, has launched a Credit Report e-service, in collaboration with the Information & eGovernment Authority (iGA) and the Central Bank of Bahrain (CBB).

The service is available on the National Portal ( and can be used via the government’s single-sign-on identity verification system (eKey).

“Credit reports are important documents being requested for various official transactions, most notably housing-related applications. They also allow individuals to be aware of their current financial obligations and statuses. The iGA was keen to develop it as an online service, without the need for applicants to visit Benefit branches or those of any other financial institutions. The online service allows users to get the reports issues via online transactions, pay the required fees, and receive it promptly by email,” said Mohamed Ali AlQaed, chief executive of iGA.

"This will contribute to saving the user’s time and effort, as well as to reducing cost and operational expenses," he further added.
Abdulwahid Al-Janahi, chief executive officer of The Benefit Company, said: “The Bahrain Credit Reference Bureau receives, maintains, analyses and classifies clients’ credit information. It also prepares credit reports based on the available information, and provides them to members of the Bureau upon request, in conformity with the provisions of the law. As part of our partnership programs with the iGA, we are launching the ‘Credit Report’ service for individuals through the National Portal. The service aims to facilitate the issuance of the reports, while maintaining security and confidentiality, as access to the report requires using the eKey of the user, which can be obtained through a registration process provided by the iGA."

The Bahrain Credit Reference Bureau is responsible for issuing reports to clients, including details of their current credit financial situations. The report provides information of the client’s obligations and debts, including all types of credit facilities, sales on credit, instalments, other claims payable against the client, due dates and maturity dates, terms and conditions, collaterals and guarantees, payment methods, and information on the client’s ability to comply with payments to government entities, including fees, instalments, fines or any other claims against the client.

Users may access the service using their eKey on, and pay the fees electronically to receive the reports via email. - TradeArabia News Service


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