To provide consumers easier access to their credit profiles and enable them to make well-informed financial decisions, Kuwait Credit Information Network Company (CINET), the country’s premier and exclusive supplier of credit information and credit ratings, has announced the release of its updated mobile application.
In line with its mission to use data to empower people and businesses, manage risk with assurance, and support wise financial decisions, CINET has reached this milestone as part of its larger plan to promote digital transformation, financial education, and credit information transparency.
The newly launched app offers users a comprehensive and real-time view of their credit information along with insightful tools to manage and improve their credit health.
- Viewing Credit Score and Credit History in Real Time
- Accessing Complete Credit Profile
- Gaining Insights Through Demographic Comparisons and Credit Activity Oversight
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 is a key component of CINET’s continuous credit education program, which uses a variety of media platforms to inform and educate the public about the value of understanding one’s credit score and practicing responsible financial behaviour.
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.”
The 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, she added.
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 corporation is working on more than just new products. A further testament to CINET’s sound financial standing and strategic orientation is the fact that it has produced the largest net profits in its history. In order to grow its service offerings and offer complete credit and risk management solutions for both businesses and institutions, CINET intends to boost its capital and improve its financial stability as part of this momentum. “Our goal is to not only address the demands of the present but also to foresee the difficulties of the future, establishing CINET as a partner that propels advancement in the regional economy,” Mrs. Mai B. Al-Owaish continued.
