Credit Rating & Collection Company (CRC)

Investment Dar acquired Credit Rating & Collection Company (CRC) in 2003, a Kuwaiti shareholding company (closed) with a capital of KD 3,000,000 that was incorporated in 1988. CRC was included within Investment Dar’s group of companies and listed on the Kuwait Stock Exchange in June 2005, thereby becoming the first listed Kuwaiti company dealing in credit rating and collection

CRC is one of the leading companies in the financial and credit rating services sector. It works in cooperation with ACRA, the Asian arm of Moody’s International specialized in financial credit rating for banks and corporate establishments.

CRC’s main objective is to offer financial stability to companies and establishments by helping them collect their funds from the market, thus enabling them to focus on their primary business activity and service their clients efficiently.

Through its specialized services in the credit risk & debt collection management and evaluation of creditworthiness, CRC aims to protect the banking and commercial system through the completion of the credit sale cycle.

CRC Offers the following Services:

• Evaluation of creditworthiness and financial position.
• Specifying credit points
• Preparation of credit data reports
• Debt processing and provision of credit risk collection
• Vast database of client services

Based on its extensive expertise and membership in specialized international organizations, CRC has taken up the responsibility of laying the foundation and infrastructure to develop this new industry in Kuwait. The company has solicited national expertise in the investment and banking sector as well as taken advantage of the latest developments in the field of credit rating and collection by associating with major international credit collection and credit risk management organizations, unions and societies. CRC’s initiative has contributed to creating financial stability for companies, which in turn leads to the development of the national economy.