Qatar Credit Bureau: Settled Cheques in 2022 for Customers Increased by 108%

Doha, January 15 (QNA) - Qatar Credit Bureau said that the number of settled cheques in 2022 for customers increased by 108% compared to 2021.
In a tweet, the center added that 42,574 cheques settled and changed from unpaid to paid in 2022.
The center added that the number of settled cheques in 2022 for companies increased by 45% compared to 2021, and that 37,585 cheques settled and changed from unpaid to paid in 2022.
Qatar Credit Bureau plays a vital role in reducing the number of dishonored cheques by including them in the customers' credit report. According to QCB's regulations, CB is a reference for dishonored cheques' data for banks before issuing any new cheque books to customers. (QNA)