Wednesday, February 26, 2025

CRIB launches nationwide financial awareness initiative

by damith
January 26, 2025 1:10 am 0 comment 211 views

The Credit Information Bureau of Sri Lanka (CRIB), in its continued commitment to enhancing financial literacy and promoting credit inclusivity among Sri Lankans, has launched a series of nationwide awareness programs.

These initiatives aim to educate the public on CRIB’s services and products while fostering a deeper understanding of the Bureau’s vital role within the financial ecosystem.

CRIB actively collaborates with institutions and organisations to enhance awareness of its pivotal role and core objectives: facilitating access to credit and financial inclusion, promoting credit discipline and responsibility, and minimising information asymmetry in credit markets.

The awareness programs have been met with enthusiastic participation from varies sectors of organisations such as radio stations, Insurance companies, state organisations, and banks and finance institutions. Participants actively engaged in discussions, asking insightful questions about CRIB’s role and the benefits of its services. CRIB representatives provided detailed and comprehensive explanations, offering participants a deeper understanding of how the bureau functions and how its services support responsible financial practices.

One of its flagship offerings, the “MyReport” service, permits people to conveniently access their credit report including the credit score online, ensuring transparencyand informed financial decision-making.

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