CRIB covers 81% adult population, delivers 8.9 m credit reports in 2024

Credit Information Bureau of Sri Lanka hosts AGM for 2024 Performance review says 14.8 m people have active credit records Notes 176% surge in self-inquiry reports, reflecting growing public awareness Secures clearance for MSMEs and general public to access credit, providing movable assets as collateral

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THE Credit Information Bureau of Sri Lanka (CRIB) held its 2024 Annual General Meeting (AGM), reporting 14.8 million active credit records, a 176% rise in self-inquiry reports, and clearance for Micro, Small and Medium-sized Enterprises (MSMEs) and the public to access credit using movable assets as collateral.

Held under the theme 'Data in Action, Change in Motion,' the AGM was presided over by CRIB Chairman and Central Bank of Sri Lanka (CBSL) Deputy Governor J.P.R. Karunaratne, who delivered the keynote address. This was followed by a comprehensive presentation on the Bureau's operational and strategic performance by CRIB Director/General Manager Pushpike Jayasundera. The meeting was attended by representatives of all 64 shareholder financial institutions of the Bureau, reflecting the continued engagement and collective vision of the CRIB's stakeholders.