ROSHN Group, Saudi Arabia’s leading national real estate developer and PIF-owned giga-project, has signed a membership agreement with Bayan Credit Bureau, a provider of local and global credit reports in more than 180 countries.
This agreement aims to enhance the process of obtaining comprehensive credit, financial, and commercial reports about potential clients and partners. This step is part of ROSHN’s efforts to ensure making informed and responsible partnership decisions in line with its core institutional values of trust, integrity, and responsibility.
The agreement was signed by Iain Mcbride, head of commercial at ROSHN Group, and Talal Alshehri, chief business officer of Bayan.
David Grover, CEO of ROSHN, said: “At ROSHN, making informed partnerships is not solely a smart business decision but it is a responsibility to work with transparent partners that we are confident can successfully aid us in enabling Saudi’s ambitious Vision 2030 goals of home ownership and economic diversification. Working with Bayan will enable us to enhance the scope and increase the efficiency of our credit dealings with potential customers and further, through access to global reports, identifying strategic partnership opportunities with world-class businesses who share our ambitions. We’re proud to partner with Bayan and set new standards in the Kingdom,”
Alshehri added: “We are pleased to sign a membership agreement with ROSHN. This partnership will enhance our ability to provide comprehensive and accurate credit reports. We are committed to providing reliable and high-quality credit information and strive to help companies make informed strategic decisions. We look forward to sharing the data and to work closely with ROSHN to achieve our shared goals and enhance transparency and trust in the Saudi market.”
Moreover, representatives from both parties expressed their happiness with the signing of the agreement and the importance of this cooperation in enhancing transparency, credibility, and trust in the Saudi economy.
“With this signing, ROSHN reaffirms its commitment to strengthening strong and sustainable partnerships and emphasizes that quality and reliability are paramount to achieving its strategic goals,” the company said in a statement.
