AMAN UNION received the first 2 applications for subscribing to AMAN UNION Database Center. They were submitted by ICIEC and DHAMAN (the Arab Investment & Export Credit Guarantee Corporation) based in Kuwait.  The AMAN UNION Database Center will be the first of its kind to be established for the benefit of national export credit insurance agencies in the Arab and Islamic Countries and will enable the Members of AMAN UNION to share and purchase credit information reports, credit opinions on entities worldwide and to exchange their underwriting experience on buyers and banks.

Dr. Abdel-Rahman El-Tayeb Taha, the Secretary General of AMAN UNION said, “It is expected that the decision made by DHAMAN and ICIEC to subscribe to the Database Center will encourage other ECAs in their Member Countries to join. Dr. Taha added, “We are confident that the establishment of the Database Center which is expected to be announced in November 2012 during the Annual Meeting of AMAN UNION in Kuala Lumpur will help solving the issue of reliability of credit information in our region.”

About AMAN Union
 

AMAN UNION is a professional forum of Commercial and Non-commercial Risks Insurers and Reinsurers, Brokers, Banks and Credit Information Agencies in Member Countries of the Organization of the Islamic Cooperation and the Member Countries of the Arab Investment & Export Credit Guarantee Corporation (Dhaman)

The Union was launched on 28th October, 2009 following an agreement between the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Arab Investment and Export Credit Guarantee Corporation (DHAMAN)  to form a Union of insurers and reinsurers of their respective Member Countries.  

For more information about AMAN UNION, its Charter and Members, please visit the website:  www.amanunion.net