Who can be/are the members of Credit Information Bureau(CIB)?

All Banks, Development Financial Institutions (DFIs), Non- Bank Financial Companies (NBFCs), and Micro Finance Banks operating in Pakistan are members of the CIB database. The membership with CIB, as per instructions of SBP, is mandatory for all Banks, Developmental Financial Institutions (DFIs) and Micro Finance Banks (MFBs) respectively. No financial institution can access the CIB database without obtaining membership of CIB of State Bank of Pakistan.

Tags: Bank, SBP, Pakistan, Education

Related