Global FICO Score applies Fair Isaacs industry-standard FICO credit risk scoring technology to rank-order consumers according to their credit risk. Designed to be consistently scaled across credit bureaus and across national borders, Global FICO score has established a global standard for consumer credit risk assessment. The Fair Isaac technology underlying the Global FICO scoring model enables rapid deployment in any country with credit bureau data.

Credit bureau data is now readily available in Saudi Arabia, says Narayanan P. R., senior manager, retail risk of SABB. To derive full value from that data in our daily operations, we need a robust credit bureau risk score. We are excited about using Fair Isaacs Global FICO Score to gain a more detailed view of our clients credit profiles and make the most effective decisions.

SABB has brought to its operations the same advanced analytic technology that has long fuelled the US credit industry, says Ron Totaro, GM of Global Scoring Solutions for Fair Isaac. Global FICO Score will help SABB to expand its portfolios while still controlling and monitoring its risk. And as the bank grows its markets, Fair Isaac will make sure its Global FICO scores are consistently scaled across credit bureaus and across national borders for seamless risk management.

PIC Solutions, the Fair Isaac alliance partner for the Middle East Africa region, implemented the new scoring solution for The Saudi British Bank.

In addition to Saudi Arabia, Global FICO Score is currently live or is being implemented in Turkey, Poland, Sweden, Ireland, Panama, Jamaica, Mexico, Singapore, South Korea, Taiwan and Thailand, and is currently being evaluated in other countries by a growing number of institutions. 

Global FICO Score is available to lenders and credit bureaus in any country where robust credit bureau data is available, except in the USA, Canada, UK and SA, where Fair Isaac credit scores are already available.