PR - PIC Solutions Opens Second Middle East Office

PIC Solutions, a credit risk management consultancy in the Middle East Africa region, has opened an office in Bahrain, their second presence in the Arabian Gulf.

As one of the fastest growing financial centers in the Middle East, the demand for locally based credit risk management consulting expertise and software solutions has increased significantly in Bahrain. This prompted PIC Solutions to open the new office in Manama, which is more accessible to the ever-growing client base in the region.

PIC Solutions offers consulting services across the entire spectrum of the credit life cycle, and provides extensive consulting experience and an in-depth understanding of local and international best practices to optimize the Bahrain bank’s credit risk management operations.

These services range from credit bureau score consulting, predictive modelling, and the popular HealthCheck service, where PIC consultants are contracted to focus on optimizing clients’ lending operations and deliver practical solutions with a focus on delivering measurable benefits to clients. PIC Solutions experts also deliver seminars to credit risk professionals all over the world, which have also become popular in the Middle East region. 

Ian Read, PIC Solutions General Manager for the Middle East region, comments, “We will continue to invest and expand in the Middle East to meet client demand. Along with the existing PIC Solutions office in Dubai Media City, our new office in the National Bank Tower in Bahrain is just another indication of our commitment to providing leading edge credit risk solutions to our clients. We approach every assignment with clients not on a project basis, but as a long-term relationship, and this ethos is mirrored in how we approach the region.”