Credit Bureau Asia

Slow payments among local firms fall to 2-year low in Q1: SCCB

Three out of five industries record a reduction in payment delays

Firms across all sectors have registered improvements in slow payments.

Local firms’ payment performance improves for second consecutive quarter: SCCB

LOCAL firms’ payment performance improved for the final quarter of 2023, with drops in slow payment across all sectors, said the Singapore Commercial Credit Bureau (SCCB) on Tuesday (Jan 2).

The construction sector has improved in Q3 after two straight quarters of rising payment delays.

Local firms’ payment performance improves in Q3: SCCB

THE payment performance of local firms has rebounded in the third quarter, but payment delays for manufacturing and wholesale continue to deteriorate, said the Singapore Commercial Credit Bureau (SCCB...

Payment delays in the retail sector have increased after four straight quarters of decline.

Local firms’ payment performance worsens further in Q2: SCCB

LOCAL firms’ payment performance continued to deteriorate for a second straight quarter in Q2 2023, said the Singapore Commercial Credit Bureau (SCCB) on Monday (Jul 3).

DBS analysts believe that Credit Bureau Asia is the “leading player” in credit risk and information solutions in Asean.

Brokers’ take: DBS initiates coverage on Credit Bureau Asia with ‘hold’; S$1.02 target price

DBS Group Research has initiated coverage on Credit Bureau Asia (CBA) with a “hold” call, noting limited upside to the company’s share price despite its defensive business model and strong dividend y...

William Lim, CBS’ executive director, says the five digital banks will enrich CBS’ data repository as they use innovative technologies to reach out to more consumers.

Five digital banks join Credit Bureau Singapore

THE five Singapore-licensed digital banks have joined Credit Bureau (Singapore), the credit bureau said in a press release on Wednesday (Dec 7).

On a quarter-on-quarter (q-o-q) basis, prompt payments inched up slightly by 0.1 percentage points while a year-on-year (y-o-y) comparison shows an improvement of 0.4 percentage points to 41.2 per cent in Q2 2022.

Local firms’ Q2 payment performance show improvements for third consecutive quarter: SCCB

PAYMENT performance of local firms improved for the third consecutive quarter in Q2 2022, according to data from Singapore Commercial Credit Bureau (SCCB) released on Monday (Jul 4).

Slow payments inched up 0.1 percentage points to 44.2 per cent in Q3, from 44.1 per cent in Q2.

Local firms’ payment performance worsens slightly in Q3: SCCB

THE payment performance of local firms deteriorated slightly in the third quarter of 2022, said the Singapore Commercial Credit Bureau (SCCB) on Tuesday (Oct 4).

Credit Bureau Asia's executive director William Lim said the inclusion of digital banks in CBA's member network will create a multiplier effect.

Credit Bureau Asia aims for ‘multiplier effect’ with digital banks

CREDIT Bureau Asia (CBA), which runs the largest consumer credit bureau in Singapore, is eager for the local digital banks to finally launch.

Local business sentiment has moderated slightly for the second consecutive quarter in the third quarter of 2022, amid a global economic slowdown and geopolitical uncertainties, said the Singapore Commercial Credit Bureau on Tuesday (Jun 14).

Singapore business confidence falls another quarter in Q3: SCCB

LOCAL business sentiment has moderated slightly for the second consecutive quarter in the third quarter of 2022, amid a global economic slowdown and geopolitical uncertainties, said the Singapore Comm...