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DUBAI /Â WAM
Emirates NBD announced it is the first bank in UAE to process loan or card applications utilising Al Etihad Credit Bureau Consumer Retail Banking Score.
The AECB Consumer Retail Credit Bureau Score is the first scoring system for UAE’s retail banking customers, exclusively developed for risk prediction using historical data on repayment behaviour reported to Al Etihad Credit Bureau. The Credit Bureau Score is a three-digit number, ranging from 300 to 900. A lower score indicates higher risk and the likelihood of missing loan or card payments.