During a workshop at the Riyadh Chamber Bayan allows querying the financial and legal status of 200 million global companies

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Speakers at a workshop titled “Your International Ambassador in Business Transactions,” organized by the Riyadh Chamber of Commerce in collaboration with Bayan Credit Information Company, revealed that the Bayan portal allows users to search for information on more than 200 million companies worldwide, and to assess the commercial, financial, and legal credit status of those companies through official global sources, as well as to compare them to credit averages in the global market. The service is available by visiting the Riyadh Chamber’s customer service office or by registering at on Bayan’s website (real estate companies)

. During the meeting, which was attended by a group of individuals interested in credit matters, owners of small and medium-sized enterprises, and representatives of commercial companies in the Kingdom, Talal Al-Shehri, Director of Business Development at Bayan Credit Information Company, emphasized that well-considered and analyzed credit decisions and transactions are a vital and necessary element for enhancing the reliability of economic entities, as they provide reliable information to the decision-maker, noting that credit information—which informs decisions regarding dealings with business partners and the conclusion of transactions—creates an environment where risk is significantly reduced and enhances the reliability of credit-based transactions between small and medium-sized enterprises.

Al-Shahri said: "The company, which is one of the first in the region to offer commercial credit services, operates under a credit information system and provides its services exclusively to companies within the Kingdom," noting that if a small business demonstrates sound financial performance and establishes a credit history, it becomes eligible to obtain bank financing more quickly.

The workshop discussed how to extend credit and assess customers and their risks, as well as the company’s role in providing credit services to companies across all five continents, including assessing the credit status of current and prospective customers, as well as the company’s role in assessing the commercial, financial, and legal creditworthiness of international clients, and the role of Bayan’s indicators in comparing Saudi companies across commercial sectors with their counterparts in the industry.

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