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Who we are...!
Credit Information Bureau of Sri Lanka (CRIB) which is the first Credit Bureau in the South Asian region was established by the Credit Information Bureau of Sri Lanka Act No. 18 of 1990. An initiative of the Central Bank of Sri Lanka and the Ministry of Finance, CRIB was a response to the 1980’s debt crisis in the country.The disciplining mechanism provided by a Credit Information Bureau is expected to improve the country’s overall credit culture.
CRIB is a public-private partnership, with the Central Bank holding the majority of equity while the rest is held by lending institutions regulated by the Central Bank.
Our Mission
To collect and collate, trade, credit and financial information on borrowers and prospective borrowers of lending institutions,
To provide credit information, on request, to lending institutions who are share holders of the Bureau and simultaneously to borrowers and prospective borrowers to whom such information relate,
Benefits to CRIB Members
- Reduce Administrative expenses and increase efficiency
- Reduce risk and increase recoveries
- Reduce defaults and increase revenue/profits
- Reduce competition and increase customer loyalty
Legal Information
Credit Information Bureau of Sri Lanka (CRIB) was established by the Credit Information Bureau of Sri Lanka Act No: 18 of 1990 as amended by Act No: 8 of 1995 and Act No.42 of 2008.
This website is owned by CRIB.The software and data contained in this website are intended to support shareholder lending institutions to obtain credit information faster.