Simah

SIMAH (Saudi Credit Bureau) is the national credit reporting agency of Saudi Arabia, established in 2002 and regulated by the Saudi Central Bank (SAMA). Unlike traditional banks or fintech lenders, SIMAH does not provide loans directly; instead, it plays a critical role in the financial ecosystem by collecting, analyzing, and providing credit information on individuals and businesses.

SIMAH aggregates data from banks, telecom companies, utilities, and other financial institutions to generate credit reports and credit scores, which lenders use to assess borrower risk.

SERVICES

• Credit Reports: Provides detailed credit histories for individuals and businesses based on data from multiple institutions.
• Credit Scores: Generates credit scores that help lenders evaluate borrower risk levels.
• Data Analytics & Risk Solutions: Offers analytical tools that help financial institutions assess and manage credit risk.
• Portfolio Monitoring: Enables lenders to track borrower behavior and manage credit portfolios effectively.
• Fraud Prevention Services: Helps institutions detect and prevent fraudulent financial activities using data insights.
• Consumer Credit Monitoring: Allows individuals to track changes in their credit profile and receive updates.
• Business Credit Services: Provides credit insights and reports tailored to corporate and SME clients.

Countries