ECIB
Ecib is the short form of Electronic Credit Information Bureau, which is located in Pakistan.
About
eCIB is a software for monitoring credit reports for Pakistan. The State Bank of Pakistan monitors the Software and all the Financial Institutions in Pakistan are required to have this software installed. A monthly process updates the reports at the State Bank end.
The eCIB
The purpose of Electronic Credit Information Bureau (eCIB) is to capture credit data and to provide online information of consumer and corporate borrowers to the financial industry. For financial institutions, eCIB is divided into two areas:
- Data Capturing System
- Data Inquiry System
The application can be accessed both through the Internet based VPN network and dialup connection.
External links
This article is issued from Wikipedia - version of the 4/18/2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.