Ecib is the short form of Electronic Credit Information Bureau, which is located in Pakistan

Pakistan

Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...

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About

eCIB is a software for monitoring credit reports fpr Pakistan. The State Bank of Pakistan

State Bank of Pakistan

The State Bank of Pakistan is the central bank of Pakistan. While its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until January 1, 1974, when the bank was nationalized, the scope of its functions was considerably enlarged...

 monitors the Software and all the Financial Institutions in Pakistan are required to have this software installed. A monthly process updates the reports at the State Bank end.

The eCIB

The purpose of Electronic Credit Information Bureau (eCIB) is to capture credit

Credit (finance)

Credit is the trust which allows one party to provide resources to another party where that second party does not reimburse the first party immediately , but instead arranges either to repay or return those resources at a later date. The resources provided may be financial Credit is the trust...

 data and to provide online information of consumer and corporate borrowers to the financial industry. For financial institutions, eCIB is divided into two areas:

• Data Capturing System
• Data Inquiry System

The application can be accessed both through the Internet

Internet

The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...

 based VPN network and dialup connection.