KuwaitPR.com, Online Press Release from Kuwait
 
   Local News and Government
Filter PR by
  
Kuwait Credit Information Network Continues Its Mission to Advance Credit Literacy and Support Smarter Financial Choices

Kuwait,17th April 2025
Kuwait Credit Information Network Company (CINET), Kuwait’s leading and sole provider of credit information and credit rating, has announced the launch of its new and improved mobile application, designed to  provide users with easier access to their credit profiles and empower them to make informed financial decisions.

This milestone comes as part of CINET’s broader strategy to advance digital transformation, financial education, and transparency in credit
information— as part of its mission to harness data to empower individuals and businesses navigate risk with confidence, and facilitate intelligent financial decisions.
  The newly launched app allows users to:
  · _View their Credit Score and Credit History in real time, and download their full Credit Report_
  _· Access their complete Credit Profile, including credit utilization and outstanding balances_
  _· Gain insights through demographic comparisons and oversight on their credit activity

_ Speaking about the launch, Mrs. Mai B. Al-Owaish, CEO of CINET, said:
“The release of our new app is part of our ongoing efforts to better serve the public by enabling smarter financial decisions. As we continue to evolve and adopt the latest technologies, we remain committed to increasing financial transparency and credit literacy across Kuwait.”

The app plays a central role in CINET’s ongoing credit education campaign, which utilizes various media channels to reach and educate the public on the importance of responsible credit behavior and understanding one’s credit standing.

Ms. Latifa A. Al-Musallam, Head of Digital Transformation and Innovation at CINET, commented: “Our goal is to make credit information fully accessible to individuals—free of charge. The app allows users to review their historical credit performance, current obligations, and more, including the credit score, which is an essential indicator that financial institutions assess when granting facilities.
It reflects an individual's credibility and ability to fulfill financial commitments, based on their credit history, existing obligations, assets, and account behavior.”

She added that CINET is actively working on introducing additional app features such as credit freeze options and premium insights to give
users more control and clarity over their financial data.
CINET’s broader mission includes launching targeted awareness campaigns on credit scoring and credit education, such as the recent
“Mr. Score” campaign.

Mrs. Mai B. Al-Owaish concluded: “At CINET, we are committed to helping individuals better understand their creditworthiness through accessible tools and reliable information. Financial awareness and education are cornerstones of our strategy, and we will continue to roll out initiatives that support a financially literate and empowered community.”

The company’s efforts do not stop at product innovation. CINET is also proud to have achieved the highest net profits in its history, reinforcing its strong financial standing and strategic direction. As part of this momentum, CINET plans to increase its capital and enhance its financial solvency to expand its service offerings and provide comprehensive credit and risk management solutions for businesses and institutions alike. Mrs. Mai B. Al-Owaish added “Our objective is to not only meet the needs of today but to anticipate the challenges of tomorrow, positioning CINET as a partner that drives progress in the local economy.”


 
Posted by : KuwaitPR.com Editorial Team
Viewed 15719 times
PR Category : Local News and Government
Posted on : Friday, April 18, 2025  9:33:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of KuwaitPR.com. Check our Privicy Policy.
Previous Story : Jahez Application continues to introduce new collabs as part...
Next Story : Brazil's Adoption of Electronic Air Waybill a Milestone for ...
Email this article Print this article

 
 
Most Viewed Press Release posted in the last 7 days
Get a Grip on Glow with SHEGLAM's Newest Prime & Set Spray [34477-Views]
SHEGLAM launches the Buttery Bliss Blush Stick: The shortcut to glow-up skin [34476-Views]
Meet Your New Beauty Must-Haves: Catrice Perfect Duo XXL Effect Mascara & Catrice Colour Flush pH-Re... [31967-Views]
Get Ready to Bat Those Lashes with Benefit Cosmetics' Mascara Collection [29984-Views]
Mercato Becomes the UAE's First Autism-Friendly Mall in Celebration of Autism Awareness Month ! [29531-Views]
Ipekci Otantik Celebrates Grand Opening at Mercato Mall with Attendance of Turkish Consul General [29227-Views]
Introducing SHEGLAM HydroSlime Primer, Skincare Meets Playful Prep [28830-Views]
Celebrate Eid with a Summer Glow: Catrice Launches Luxe Highlights for the Season [28133-Views]
Brighten, Bronze, and Set: Meet Your Must-Have Summer Staples from essence [27899-Views]
LG Announces first-quarter 2025 financial results [27296-Views]
Panthere C DE Cartier Bucket Bag [26099-Views]
essence Is Springing Into Season with the Glowiest Drop: Hydra Kiss LIP OIL [26091-Views]
Air Cargo Demand Grows 4.4% in March [25946-Views]
Casio Releases G-SHOCK Commemorating the 30th Anniversary of the DW-6900 [25833-Views]
CASIO Unveils the G-SHOCK GA-2100BM: A Stylish and Durable Summer Essential [25473-Views]
Panasonic Expands Premium Beauty Range With Brand-New nanoe™ Hair Dryers [24663-Views]
Get Ready to Glow: Catrice Drops the Hottest Spring/Summer 2025 Collection for a Fresh, Bold New Loo... [23178-Views]
Cartier Launches En Équilibre High Jewellery Collection In Stockholm [21983-Views]
The Grain de Café collection [21539-Views]
Ground Handling Priorities: Safety, Baggage, Global Standards and Sustainability [20512-Views]
 
RSS Facebook Twitter LinkedDin KuwaitPR.com on Instagram
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories