SBP issues directions for quality data reporting in eCIB Business February 19, 2021 KARACHI: The State Bank of Pakistan (SBP) on Thursday issued new guidelines to ensure quality data reporting in the Credit Information Bureau (eCIB) so financial institutions could make informed credit decisions, a statement said. The eCIB of the SBP collects borrowers’ credit information and makes it available to financial institutions (FIs) for making informed credit decisions. The information in eCIB is also used by the SBP for supervisory purposes. The SBP developed instructions after having carried out an in-depth assessment of the mechanisms put in place for eCIB data feeding, compilation, validation and reporting by the member FIs. Despite the issuance of repeated instructions by the SBP from time to time regarding the quality data reporting, still some inconsistencies in the eCIB reported data were witnessed, the statement said.