Sri Lanka, Oct. 29 -- The Credit Information Bureau of Sri Lanka (CRIB) has announced a significant expansion of the country's credit information ecosystem with the onboarding of four licensed microfinance institutions, following the publication of the relevant Government Gazette Notification.Sri Lanka Travel

This initiative marks an important step towards strengthening credit information sharing within the microfinance sector, enhancing the availability of reliable credit information, and promoting greater financial inclusion by facilitating improved access to formal credit for underserved individuals and businesses.

Under the powers vested in the Credit Information Bureau of Sri Lanka Act, No. 18 of 1990, four Licensed Microfinance Co...