~ 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.

CRIB currently has 95 shareholders, including all licensed Commercial banks, Specialized banks, Finance companies, Leasing companies, few other institutions which have been declared as lending institutions for the purpose of the Act and the Central Bank. The chairman of the Board is always a deputy governor of the Central Bank and the remaining board seats are shared between the lending institutions.

~ Vision ~

"Building a Customer Friendly Reservoir of Information"     

~ 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,To establish a credit rating system in Sri Lanka, to undertake credit rating and to sell such credit ratings to any foreign and local agencies, or to any person making a request for such ratings, andTo undertake research projects for lending institutions who are shareholders of the Bureau

“With a view to facilitating the distribution of credit to all sectors of the economy
and to the informal sector, in particular”

~ Our Goal ~

"To help credit providers make better lending decisions quickly, accurately and more objectively"    

~ Our Commitment ~

@. Information accuracy and integrity
@. Best practices and standards in information handling
@. Customer oriented services
@. Credibility in our operations
@. Wider access to credit across sri lanka
@. Promoting the public to strive for good credit reputation