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Economy

SBP announces launching of new e-credit information bureau from 1st January 2025

ISLAMABAD: State Bank of Pakistan has launched the new eCIB System (V2), an advanced version of its Electronic Credit Information Bureau (eCIB).

The new system will become operational from January 1, 2025, to replace the existing eCIB system.

It has been developed to cope with technological advancement & reporting standards aligned with international practices.

Under the new system, a few additions and amendments have also been introduced in the Credit Information Report to make it more comprehensive.

The launch of new eCIB System (V2) reflects SBP’s commitment to leveraging technology to strengthen Pakistan’s financial sector.

This initiative is part of SBP’s broader vision to modernize Pakistan’s financial infrastructure and promote economic growth.

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I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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