Credit scoring models are used globally to process a variety of credit products. These
models have led to greatly enhanced credit processing and improved loan quality, which is
why lenders and regulators alike have embraced the concept.
Jordanian lenders to the SME market will one day use scoring models on a broad scale and
realize similar benefits. Despite the absence of a credit bureau now, several forward thinking
bankers are designing scoring models and will make the necessary adjustments later, when
credit repayment histories are more accurately reported. The interest in scoring models
among bankers is noticeable and is spreading. For this reason, SABEQ devoted extensive
time to credit scoring at a recent Credit Process Workshop held at the Association of Banks.