Islamabad, Dec 18: The State Bank of Pakistan (SBP) has announced the launch of its new eCIB System (V2), an upgraded version of the Electronic Credit Information Bureau (eCIB). The new system is set to become operational from January 1, 2025, replacing the existing eCIB system.
Developed to meet technological advancements and align with international reporting standards, the eCIB System (V2) introduces several additions and amendments to the Credit Information Report. These changes aim to make the report more comprehensive, providing better data for decision-making in the financial sector.
This move underscores the SBP’s commitment to utilizing technology to enhance Pakistan’s financial infrastructure. The launch of the new system is a significant step in SBP’s broader vision to modernize financial systems and foster economic growth in the country.
