Ci-Net, which began operations in October 2002, is an independent commercial institution that collects and maintains data for the mutual benefit of the financial institutions of Kuwait. These institutions are under the supervision of the Central Bank and the Ministry of Commerce and Industry.

The company is owned by sixteen Banks and Finance Companies who oversee agreed policies and practices of the bureau.

Ci-Net is not a credit granter or a collections company and is subject to Kuwait's law and  particularly to data privacy and consumer protection. It acts as a 'trustee' of the credit and personal data from the lending community and exists entirely upon the contribution of data from the lenders for sharing purposes.