Whiteaways Building,

No. 25, Sir Baron Jayathilake Mawatha, Colombo 01

Tel: 011 2131313, Fax: 011 2338259

E mail: info@crib.lk, Web site: www.crib.lk

iReport Reference Guide

This document may contain confidential, proprietary or legally privileged

information relating to Credit Information Bureau of Sri Lanka.

CRIB is not liable for any damage you may sustain as a result of any

misinterpretation or misunderstanding of information and usage of same.

We strongly advise you to consult or refer the Bureau for any clarification

or verification of information where it deems necessary and appropriate.

No part of this information may be disclosed, copied, reproduced,

distributed or made available in any form whatsoever without prior

authorization of the CRIB.

All rights reserved CRIB 2014.

Credit Information Bureau of Sri Lanka

Credit information is supplied by all Commercial Banks, Specialized Banks, Authorized Leasing and

Finance Companies who are members of CRIB. The information is transferred electronically through

their head office to CRIB and updated at the end of each month. According to the provisions of the

CRIB Act, all member institutions are legally bound to submit their customers’ credit information to the

bureau.

The credit information stored in the Bureau is divided into two categories such as Consumer

(individual) and Corporate (business). As an individual, your credit information will be collected under

your National Identity Card number (if Sri Lankan) or Passport number (if Non Sri Lankan). CRIB collects

credit related information, on borrowers, both individual and corporate, and provides such collated

information in the form of a credit report to the member institutions or the person to whom that

information relates to, on demand.

The credit information report which is issued on request of the person to whom that information

relates to, is known as an “iReport”. As per the provisions of the Credit Information Bureau of Sri Lanka

Act No 18 of 1990 (as amended by Act No 08 of 1995 and Act No 42 of 2008), you have now the

authority to request your own credit report (iReport) from the Bureau.

Your iReport gives details both positive and negative of all credit facilities availed of from any of the

authorized lending institutions.

In fact having a good repayment history in a credit report is the best reference you could have to prove

your credit worthiness which in turn prompts lending institutions to offer you attractive terms &

concessionary interest rates.

Your iReport will provide you the following benefits.

• View your credit status before the lending institutions does.

• Helps you streamline your repayment habits.

• Eliminate erroneous data, to ensure an up-to-date and accurate credit report.

• Helps you to monitor indirect liabilities.

• Helps you to be a disciplined borrower.

We suggest that you obtain your iReport at least once in six months.

1

Understand Your Credit Report (iReport – Individual)

Why is your credit report (iReport) important?

What is your Credit Report (iReport)?

- Try to balance your monthly income and expenditure always and borrow what you can repay. It

is important to consider your regular monthly expenditure such as electricity, water, telephone

etc. before you obtain a loan.

- Discuss the terms & conditions of the loan with your lender and have a clear understanding

before you obtain the facility.

- Installments need to be paid as agreed and it is always better to settle early when possible.

Specially, the dues on credit cards which would help you to maintain your credit worthiness.

- When you sign as a Guarantor for a credit facility, it is important that you have a clear

understanding about the repayment ability of the borrower, because you will be the ultimate

payer if the borrower fails.

Report Header - The header of the Credit Report displays the following information.

iReport Number - Refers to the system generated unique sequence number.

Report Order Date - Refers to the date on which the report is taken.

Product Name - Refers to the product name assigned to the report (iReport).

Reason - Refers to the reason assigned for accessing report.

Borrower Name, NIC/Passport Number, Mailing Address and Gender will be displayed as given in the

iReport application form.

2

The contents of your Credit Report (iReport - individual)''''

Search Details

How can you improve your credit worthiness?

This section will include the borrower’s personal information such as the Borrower’s name, National

Identity Card Number (Mandatory for Sri Lankans) / Passport Number (Mandatory for Non Sri

Lankans), Driving License Number (if reported) Date of Birth, Gender, Citizenship, Marital Status,

Spouse Name (if reported) & Contact Numbers as provided by the lending institutions.

Mailing Address - Displays the last three mailing addresses reported by lending institutions.

Permanent Address - Displays the last three permanent addresses reported by lending institutions.

3

Demographic Details

Address Details

Displays last three employment details of the borrower as provided by lending institutions.

This section will include the details regarding the Partnerships or the Sole Proprietorships which relate

to the Borrower.

Related Entity ID Details - Business Registration Numbers of the Partnership or Sole

Proprietorship.

Related Entity Name - Names of the Partnership or Sole Proprietorship.

Nature of Relationships - This will indicate whether the Related Entity is a Partnership or a

Proprietorship for the given Relationship.

This section displays summarized information relating to borrower’s current & potential liabilities

arising from credit facilities obtained from banks and financial institutions excluding the settlements

(Credit facilities with status codes Settled, Closed, Repossessed & Settled, Settled through Courts &

Settled-Part Written Off have been excluded from the summary). The liabilities include all the

Personal/Corporate Facilities, joint facilities and guaranteed facilities as well.

Currency - Refers to the currency in which the credit facility is obtained.

Ownership - Possession of the Facility.

As Borrower - Refers to the credit facilities you have been granted.

As Guarantor - Refers to the credit facilities you have signed as a guarantor.

4

Relationship Details

Summary of Potential & Current Liabilities (Excluding Settlements)

Employment Details

Total No. of Facilities

As Borrower - Refers to the Total number of credit facilities obtained by you.

As Guarantor - Refers to the Total number of credit facilities guaranteed by you.

Total Amount/Granted Limit

As Borrower - Refers to the Total Amount granted/Limit of the credit facilities obtained by you.

As Guarantor - Refers to the Total Amount granted/Limit of the credit facilities guaranteed by you.

Total Outstanding

As Borrower - Refers to the Total Balance Outstanding.

As Guarantor - Refers to the Total Balance Outstanding of the credit facilities guaranteed by you.

This refers to the summary of dishonoured cheques due to insufficient funds.

Currency - Refers to the currency of the cheques dishonoured.

Number of Cheques Dishonoured - Refers to the Total number of cheques dishonoured.

Total Amount of Dishonoured Cheques - Refers to the Total value of cheques dishonoured.

This section summarizes Borrower’s credit profile based on credit facility status & number of days in

arrears.

This section displays the summarized settled facilities during the last five years.

5

Dishonoured Cheque Summary

Summary of Settled Credit Facilities (Last 5 Years)

Status of Credit Facilities at a Glance (Excluding Settlements)

Further analysis of settled credit facilities during the last 5 years based on credit facility type.

Inquiries made by lending institutions by taking a Borrower’s credit report will be displayed in this

section with following details.

Inquiry Date, Institution Category, Reason for Inquiry, Credit Facility Type, Currency and Amount

requested.

The CRIB Act permits the member institutions to access the Bureau for information strictly for the

following six reasons only.

• Evaluating of a Borrower for a new credit facility

• Review as a Guarantor for a new credit facility

• Review as a Partner/ Proprietor for a new credit facility

• Review as a Director for a new credit facility

• Monitoring and reviewing of an existing Borrower

• Opening of a current account

CRIB information should not be accessed for any other reason as it would constitute an offence under

this Act.

6

Details of Settled Credit Facilities (Last 5 Years)

Inquiries made in the last 06 months by lending institutions

Inquiries made by a Borrower during the last 6 months display under this section with the inquiry date

and the reason for inquiry as "Obtaining of own credit report".

N.B: - Please note that we have explained the credit facility details under three sections for your

easy reference.

Most of the information given in this section has been presented as catalog values. The relevant

catalog values have been explained at the end of your iReport under the “Catalog Description”.

~Section 1 ~

For your information, we have displayed below all the catalog values used by the Bureau presently.

No - This refers to the sequence number of credit facilities displayed in the Credit Report.

Institution Category - This refers to the Category of the lending institution as

given below.

CBC - Commercial Bank Category SBC - Specialized Bank Category

LCC - Leasing Company Category FCC - Finance Company Category

OIC - Other Lending Institutions

Inst - Branch - (Institution & Branch) - This refers to the institution & Branch from which the

facility has been reported. Please refer catalogue

description in Credit Report to get details of the

institution and branch.

7

Inquiries Made in the Last 06 months by the subject

Credit Facility Details

CF Type - Credit Facility Type - This refers to the Credit Facility Type as given below.

BKGR - Bank Guarantee CRCD - Credit Card

HRPH - Hire Purchase LEAS - Leasing

OVDR - Over Draft LOAN - Loan

LTCR - Letter of Credit OTHR - Other Credit

FACT - Factoring AAIB - Advances Against Import Bills

CODU - Consumer Durables BILD - Bills Discounting

CF Status - (Credit Facility Status) - This refers to the Status of a credit facility updated as

at the last Reporting Date as follows.

ACTV - Active

LGAL - Legal Action

LBGV - Liability Assumed by Govt.

NATD - Natural Disaster Affected

CLSD - Closed

RSTR - Restructured/Rescheduled

SETL - Settled

TRMN - Terminated

WRTN - Written Off

R&SL - Repocessed & Sold

R&ST - Repocessed & Settled

PACT - Parate Action

ARBT - Arbitration

STTC - Settled Through Court

FCAN - Facility Cancelled (By the lending institution)

SPWO - Settled Part Written Off

RPOS - Repossessed (By the lending institution)

Own - Shp - (Ownership) - This refers to the type of ownership associated with a

borrower in a credit facility as follows.

OWN - Owned

PCD - Primary Card Holder

SCD - Supplementary Card Holder

JNT - Joint Borrower

GRT - Guarantor

Crcy - Currency

Amount Granted Limit - This refers to the Amount of credit facilities granted

excluding Credit Cards and OD (Overdrafts). For Credit

Cards and OD facilities only the approved credit limit is

displayed.

8

~ Section 2~

Current Balance - This refers to the entire amount of balance outstanding including the

current and overdue portion if any, together with interest and all other

charges last applied as at the reported date.

Arrears Amount - This refers to the Amount in Arrears as at reported date.

Installment Amount - This refers to a fixed amount to be paid periodically on credit facility types.

Amount Written Off - This refers to an outstanding amount of a Credit Facility that has been

written off in full or in part.

Reported Date - This refers to the date ON WHICH the data related to the Credit Facility has

been reported to CRIB.

First Disburse Date (First Disbursement Date)

- This refers to the date ON WHICH the Credit facility has been disbursed to

the borrower.

~ Section 3~

Latest Payment Date - This refers to the most recent date that a payment was

(Date of Latest Payment Received) made.

Restructuring Date - This refers to the date ON WHICH the Credit Facility has been

restructured. This will be available, only if the status of the

credit facility indicates as Restructured.

9

End Date (Credit Facility End Date) - This refers to the date, ON WHICH the credit facility has been

Settled, Closed, Terminated, Written Off, Repossessed and

Sold, Repossessed and Settled or Settled Through Courts as

per the status code.

Repay Type (Repayment Type) - This refers to the types of repayment of a credit facility as

follows.

BALN (Balloon) - The major portion of the repayment of a loan is made at or

near the maturity date. It may be substantially larger than the

earlier payment made, if any.

BMLY (Bi – Monthly) - Paying once every 2 months.

BULT (Bullet) - The repayment is scheduled as a single payment for an entire

loan amount at the maturity of loan. DMND (On Demand) - Repay on demand by the lending institution rather than on a

specific date.

MNLY (Monthly) - Scheduled to be repaid in monthly installments.

QRLY (Quarterly) - Scheduled to be repaid once every 3 months.

SMAN (Semi-Annual) - Scheduled to be repaid once every 6 months.

WKLY (Weekly) - Scheduled to be repaid weekly.

BWLY (Bi – Weekly) - Scheduled to be repaid once every 2 weeks.

ANLY (Annually) - Scheduled to be repaid once a year.

REFM - Scheduled to be repaid once every 4 months.

(Repayment Every Four Months)

RENM - Scheduled to be repaid once every 9 months.

(Repayment Every Nine Months)

Purp. (Purpose of Credit Facility) - This refers to the reason given for obtaining this facility.

Please refer catalogue description in report to get more

details.

Coverage - This refers to the security & Guarantor coverage of a facility.

Please refer Catalogue description in the report to get more

details.

US & OG - Unsecured & Other Guarantee

US & NG - Unsecured & Not Guaranteed

FS & NG - Fully Secured & Not Guaranteed

FS & OG - Fully Secured & Other Guarantee

This displays the repayment pattern of Credit Facilities during the last 24 months with the Number of

days in Arrears (NDIA). Please refer the “Credit facility details” table for the relevant “Amount in

Arrears” (AIA), if any.

10

Credit Facility for Last 24 Mounts – Repayment History for last 24 Months

� If NDIA is Zero - Box for the month will be highlighted in "GREEN" with the Status "OK"

� If NDIA is less than or equal to 90 days - Box will be highlighted in "Yellow" with the NDIA for

the month.

� If NDIA is greater than 90 days - Box will be highlighted in "RED" with the NDIA for the month.

You can find the borrowers information relating to credit facilities, which appear as “Joint Borrower”

or “Guarantor”, including the following.

Credit facility No, Ownership, Entity Type, Entity Name, Identifier and Address details.

This section displays the dishonoured cheque details with following information, if any. Institution &

Branch, Cheque number, Cheque Amount, Date of Dishonour, and Reason for Dishonour (Insufficient

Funds).

This section describes the abbreviations used in credit facility segment in your iReport.

11

Ownership Details

Dishonor of Cheques Details

Catalogue Description

Important Tips……

TO OBTAIN YOUR SELF INQUIRY CREDIT REPORT (iReport)……

� CALL OVER PERSONALLY AT THE BUREAU OR APPLY THROUGH A

BRANCH OF ANY COMMERCIAL OR SPECIALIZED BANK.

� THE BUREAU IS OPEN ON WEEKDAYS FROM 9.00 AM TO 3.30 PM.

[YOUR iReport WILL BE ISSUED WITHIN A HOUR].

� PRODUCE YOUR NATIONAL IDENTITY CARD (NIC).

o [A VALID DRIVING LICENSE OR A VALID PASSPORT WHICH

INDICATES YOUR NIC NUMBER WILL BE ACCEPTED IN THE

ABSENCE OF A NIC. HOWEVER THE BUREAU RESERVES THE

RIGHT TO REJECT AN iReport APPLICATION, IN THE EVENT OF

ANY DISPUTE WITH REGARD TO THE NIC NUMBER OR THE

IDENTITY OF THE APPLICANT.]

� OUR COMPUTER SYSTEM REQUIRES YOU TO COMPLETE THE iReport

APPLICATION FORM IN THE ENGLISH LANGUAGE. PLEASE CONTACT

THE RECEPTION COUNTER SHOULD YOU REQUIRE ANY ASSISTANCE

TO COMPLETE THE APPLICATION FORM.

� PAY RS. 150/= (NON REFUNDABLE) TO THE RECEPTION COUNTER AT

THE BUREAU OFFICE.

o PLEASE NOTE THAT THIS FEE IS CHARGED TO RECOVER THE

OPERATIONAL COST BORNE BY THE BUREAU TO ISSUE YOUR

iReport.

� YOU COULD RE-APPLY FOR A FRESH iReport AFTER 05 DAYS FROM

THE DATE OF THE PREVIOUS APPLICATION.

PLEASE NOTE THAT YOUR CREDIT INFORMATION CANNOT BE

CHECKED WITHOUT OBTAINING YOUR iReport.

12

AFTER YOU OBTAIN YOUR SELF INQUIRY CREDIT REPORT (iReport)……

� A DISPUTE RESOLUTION FORM PROVIDED WITH YOUR iReport CAN

BE USED TO RAISE ANY DISPUTE (ERRORS IF ANY, IN THE iReport)

WITH THE BUREAU.

� THE DISPUTE RESOLUTION FORM DULY FILLED CAN BE HANDED OVER

OR MAILED TO THE BUREAU. THE BUREAU WILL COMMUNICATE

WITH YOU THEREAFTER ON THE PROGRESS OF THE DISPUTE RAISED.

� CONTACT THE BUREAU “SPECIAL CUSTOMER HELP DESK” ON 0112 13

13 13 SHOULD YOU REQUIRE FURTHER CLARIFICATION.

PLEASE NOTE THAT YOUR DISPUTE(S) CAN ONLY BE RESOLVED BY

HAVING A LOOK AT YOUR iReport.

13

Now you can get your credit report (iReport) online

without the hassle of travelling and waiting.

You have taken the trouble to come all the way to us because you

understand the importance of your credit report (iReport). But wait; you

don’t need to come all the way here next time. You can get a copy of your

updated credit report anytime from the convenience of your home or

office. Just follow the following quick steps before you leave:

1. Ask for the iReport online registration form from our

receptionist.

2. Fill it and submit before you leave our office.

3. Receive your User ID and Password to access your iReport online,

anywhere, anytime.

It’s as simple as that!

The first iReport is offered free of charge

Whiteaways Building

No. 25, Sir Baron Jayathilake Mawatha, Colombo 01

Tel: 011 2131313, Fax: 011 2338259

Email: info@crib.lk, Web Site: www.crib.lk