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CB Governor defends CRIB, highlights its pivotal role in financial stability and inclusion
The Island
|June 16, 2025
The Credit Information Bureau of Sri Lanka (CRIB) recently hosted its Annual CEOs Forum and Institutional Awards Ceremony 2025 under the theme 'Data in Action - Change in Motion', bringing together over 120 financial sector leaders, government representatives, and Central Bank officials to discuss the transformative role of credit data in Sri Lanka's digital economy.
Central Bank Governor Dr. Nandalal Weerasinghe, the event's chief guest, commended CRIB for its pivotal role in expanding financial inclusion and stabilizing the economy through data-driven policymaking.
“During the pandemic and economic crisis, access to timely credit data enabled policy-makers, including the Central Bank, to make critical decisions that helped stabilize Sri Lanka’s economy,” he said.
CRIB has evolved from a traditional credit data repository into a technologically advanced institution, integrating alternative data sources such as gold loans, pawning, and factoring.
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