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Credit

Jan 09, 2012 (LBO) - Sri Lanka's credit information office is planning to acquire software by US-based Dun & Bradstreet costing 150 million rupees as it expands coverage and services, an official said. "We expect the software to be deployed from March," Sri Lanka Credit Information Bureau (CRIB) general manager Gamini Karunaratne said.

"It may take about three months."

The D&B software will help the CRIB process and provide credit information to registered financial services firms better, incorporating district or sector-wise breakdowns, he said.

The software was needed to provide credit information on utility payments and insurance in the future, Karunaratne said.

D & B had also helped CRIB in its computerization drive in 2009.