What is the meaning of AECB?

The Al Etihad Credit Bureau (AECB) is a UAE organization that gathers credit information from various sources about individuals and businesses. This data is used to create credit reports, which help banks and financial institutions evaluate the creditworthiness of borrowers. In simpler terms, AECB provides lenders with a detailed credit history, allowing them to assess the risk of lending money to a person or company.