State Bank of Pakistan has launched the new eCIB System (V2), an advanced version of its Electronic Credit Information Bureau (eCIB). The new system will become operational w.e.f. January 1, 2025 to replace the existing eCIB system. It has been developed to cope with technological advancement and reporting standards aligned with international practices.

According to a statement issued by SBP today, under the new system, few additions and amendments have also been introduced in Credit Information Report with the objective to make it more comprehensive.

The launch of new eCIB System (V2) reflects SBP’s commitment to leveraging technology to strengthen Pakistan’s financial sector. This initiative is part of SBP’s broader vision to modernize Pakistan’s financial infrastructure and promote economic growth.