NDB Bank recognises the importance of financial education and empowerment. 

As part of its commitment to supporting customers’ financial well-being, it offer seamless access to the Credit Information Bureau of Sri Lanka (CRIB) report through its innovative mobile banking app, NDB NEOS.

NDB NEOS Users can take control of their financial health by registering and requesting their individual credit reports (iReport) and individual credit score reports (CRIB Score) from anywhere. This feature offers ongoing insights into one’s credit standing, facilitating proactive management of financial health.

NDB Head of Product Lifecycle Management Damitha Silva emphasized, “Our mission at NDB is to provide our customers with the tools and resources they need to achieve financial success. By integrating the CRIB report access into the NDB NEOS app, we empower our customers to stay informed about their credit status and make informed financial decisions. This initiative is part of our broader strategy to promote financial literacy and inclusion.”

In conclusion, recognising the importance of a positive CRIB report is foundational for unlocking favorable financial opportunities. By comprehending the nuances of the CRIB report and integrating responsible financial habits into one’s lifestyle, individuals can navigate the financial landscape with confidence. Leverage the accessibility of NDB.

NEOS to effortlessly access credit reports and embark on a journey towards sustained financial success.

A CRIB report serves as a comprehensive credit summary, offering insights into an individual’s credit history, encompassing critical details such as credit accounts, outstanding balances, repayment history and instances of defaults or late payments. Lenders, including banks and financial institutions, heavily rely on this report when assessing an individual’s creditworthiness for loans, credit cards, or other financial products.

The importance of maintaining a positive CRIB report cannot be overstated, opening doors to favorable financial opportunities. A positive report attests to responsible financial behavior, enabling access to loans or credit with competitive interest rates. Conversely, a negative report, marked by late payments or defaults, can hinder one’s ability to secure credit and potentially lead to unfavorable terms.