Caribbean Credit Bureau

Credit Institutions


CCB offers memberships to Credit Institutions (commercial banks) and Merchants (retailers selling to end-consumers).  

CCB's main counterpart in the countries in which it operates are the local Bankers Associations.

All credit institutions offering loans or credit cards to consumers are strongly encouraged to become a member of CCB. Although currently there is no legal obligation to become a member in each of the countries in which CCB operates, it has been proven internationally that there is value to participating members, consumers and the general economy to have a strong credit bureau operating in the economy.  

CCB therefore appeals to all credit institutions to join CCB as an active member.  Access to information by members is provided on the basis of reciprocity.  All members are required to provide data to CCB's Online Registry in accordance with the General Rules and the Code of Conduct.

Member benefits for Credit Institutions include access to Positive and Negative Data:

  • Full exposure of all loans held by other credit institutions including certain overseas databases
  • Full exposure of all credit cards outstanding with an indication of usage
  • Monthly loan repayment obligations
  • Easy instantaneous on-line information about default histories of consumers
  • Information about payment arrangements with the lenders or authorities such as the tax collection office
  • Information as to any debt restructuring and debt management arrangements of consumers
  • Information about debts of the consumer that were written off,
  • Information about debts that are in arrears but not yet formally in default;
  • Late payment behaviour;
  • Credit card usage behaviour;
  • Information about bounced checks written by consumers

This useful information will assist the credit institution to:

  • Expand customer base with better access to more consumers, including those with good credit records.
  • Better understand the relationship customers have with other lenders.
  • Expedite the loan approval process and increase competitiveness.
  • Increase application quality and profitability. Lenders can offer targeted pricing to customers based on the level of risk involved in extending loans.
  • CCB's 10 years of experience has shown that many old defaulted credits were repaid by consumers who needed to improve their Credit Report because they were applying for new credit at another institution. 

It is to be understood that access to all the information is strictly limited for use when making credit decisions about a consumer. CCB has strict procedures that require members to limit use of the system to the purposes of which the data was collected.

To adere to its transaparancy objectives, each credit check made by a member will show on the Credit Report that is requested by the consumer.  A member must be able to give the reason to a consumer why a Credit Report was requested on that Consumer.

If you represent a credit institution and wish to inquire about becoming a member, please contact CCB.

(Note: Memberships of Credit Institutions are limited to credit institutions that are established in jurisdictions where CCB operates locally in cooperation with the local Banker's Association and the Central Bank).