Emcredit gets check default data from Dubai Public Prosecutors

Emcredit, the United Arab Emirates' first credit rating bureau, said Dubai Public Prosecution agreed to supply it with information on lawsuits resulting from bounced checks.

The data will be fed into Emcredit's emBounce data product to help lenders in the Gulf state better assess credit risk, Emcredit said in an e-mailed statement today.