Experts from Bayan Credit Bureau emphasized the added value that credit information services bring to the private sector, particularly in financial aspects that enhance market confidence in Saudi Arabia and improve business relationships with international partners. 
Speaking at a workshop organized by AlSharqia Chamber on Thursday, December 12, 2019, titled “Services Provided by Bayan Credit Bureau,” Bayan officials highlighted the significant progress made since the company’s establishment in 2015. They noted that Bayan has successfully provided essential corporate data sourced from key governmental entities such as the Ministries of Human Resources and Social Development, Finance, and Commerce and Investment. 
Unlike traditional financial reports, Bayan services extend beyond financial statements to include banking transactions, workforce data, and business interactions. With a database of over 140,000 audited financial statements, analysts can compare companies effectively. 
According to Abdulrahman bin Musaed Al-Angari, Head of Business Development and Marketing at Bayan, The Company’s information services are not limited to the local market but also extend internationally. Subscribers gain access to global corporate data, facilitating informed business decisions. Bayan holds information on more than 200 million registered companies worldwide, obtained from official sources. 
Talal Al-Shehri, Chief Business Officer at Bayan, described Bayan’s contributions as instrumental in fostering trust within the local business environment, both domestically and internationally. He emphasized that access to accurate information reduces business risks and enables secure commercial transactions. 
Al-Shehri also clarified that registration with Bayan is free for all commercial registration holders, and access to company information requires the consent of the entity being reviewed. However, general sector-based economic data does not require prior approvals. Additionally, Bayan offers advisory services, particularly concerning credit sales, based on factual insights. 

 
The workshop was moderated by Bandar bin Rafie Al-Jabri, a board member of AlSharqia Chamber and chairman of the Logistics Committee. He praised Bayan’s efforts in serving the private sector, highlighting the Chamber’s commitment to fostering confidence in local markets and mitigating business risks. Al-Jabri noted that credit information providers like Bayan play a crucial role in strengthening commercial reliability and supporting sustainable economic growth