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CRIB holds key symposium for lenders


From left - Dun and Bradstreet India, Risk Consulting Practice Head, Dr. Subramanian Venkataraman, Dun and Bradstreet Dubai, Chief Operating Officer, V. Narasimhan, CRIB Chairman and Central Bank of Sri Lanka, Deputy Governor, Priyantha Fernando, World Bank, IFC, Financial Infrastructure and Global Credit Bureaus Head, Tony Lythgoe and CRIB, General Manager, Gamini Karunaratne

The Credit Information Bureau of Sri Lanka (CRIB) recently held a symposium on "Credit Reports and Beyond" for its stakeholders at the Hotel Ramada in Colombo, recently. The event was attended by CEOs, compliance officers and credit officers from every authorised lending institution including commercial banks and specialized banks as well as leasing and finance companies, and was a success.

"Credit Reports and Beyond" featured three industry-reputed speakers from overseas who addressed the gathering on the ways in which credit bureaus can help to develop lending operations and analytical models for risk management practices.

The international speakers included Dun and Bradstreet India, Risk Consulting Practices Head, Dr. Subramaniam Venkataraman, Dun and Bradstreet Dubai, Chief Operating Officer, V. Narasimhan and World Bank, IFC, Financial Infrastructure and Global Credit Bureau Head, Tony Lythgoe. The symposium also featured CRIB Chairman and Central Bank of Sri Lanka, Deputy Governor, Priyantha Fernando.

"CRIB plays a vital role in the realm of credit risk management and the promotion of a healthy credit culture in the country," said Karunaratne.

"Our aim of holding this event was to promote further understanding of credit risk management and the role of CRIB in facilitating responsible lending decisions," he said.

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