Credit Information Bureau of Sri Lanka

Credit Information Bureau of Sri Lanka is a legally mandated information service that collects credit-related data exclusively from regulated licensed lending institutions, which are also its shareholders. This information is organized to enable credit providers to make informed lending decisions.

The bureau plays a vital role in bridging the information gap between lenders and borrowers, ensuring that risk management in credit evaluations is more objective and rational. Their active involvement aims to facilitate credit expansion in local economies, foster a disciplined credit culture, and enhance the competitiveness and stability of the financial system.

Services

• Credit Score: A number that is mathematically calculated by using an algorithm based on the data provided by the lending institution of an individual.
• Credit Information: This is used to assess the credit worthiness of an individual.
• Borrower Risk Evaluation: Helps financial institutions manage lending risks effectively.
• Portfolio Monitoring: Tracks credit exposure trends to support informed decision-making.
• Predictive Analytics: Uses historical credit data to forecast repayment trends.
• Market Insights: Provides insights on credit behavior across sectors to help lenders and policymakers make strategic decisions.
• KYC Assistance: Supports compliance with Know Your Customer (KYC) requirements.
• Lending Compliance Reporting: Provides data to ensure adherence to national lending regulations.

Countries