CCRIS / e-CCRIS
Find out what the frequently asked questions are on the Centralised Credit Reference Information System (CCRIS) and e-CCRIS.
Choose from the categories below:
| No. | Main Category | Sub-Category | Question | Answer |
|---|---|---|---|---|
| CCRIS | General Information |
What is CCRIS? |
CCRIS is a system that collects credit information on borrowers from participating financial institutions and supplies the information back to them. This is one of the sources of information used by participating financial institutions to help them establish a view of the credit histories of potential or current borrowers. It is not a blacklist system as perceived by some people. |
|
| CCRIS | General Information |
What does eCCRIS stand for? |
eCCRIS stands for electronic Central Credit Reference Information System. |
|
| CCRIS | General Information |
Why did Bank Negara Malaysia set up CCRIS? |
One of the functions of Bank Negara Malaysia is to regulate and supervise financial institutions so that the financial system of the country is sound and stable. BNM promotes prudent credit policies and professionalism among financial institutions, including the adoption of best business practices in credit risk management. One way of doing this is by providing CCRIS to the participating financial institutions so that they can make faster and better informed lending decisions. |
|
| CCRIS | General Information |
Why did Bank Negara Malaysia set up eCCRIS? |
eCCRIS is an additional channel for the public to conveniently access and retrieve their CCRIS Reports and submit data verification requests directly to participating financial institutions (PFIs) and Bank Negara Malaysia anywhere and anytime. |
|
| CCRIS | General Information |
Can I prevent BNM from holding my information? |
No. BNM is legally empowered to collect such information. |
