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These measures have resulted in an increase of regular advances by 31% and a reduction of irregular advances by 3% during 2005. In addition to the increase in the number of credit reports disseminated by the CRIB, considerable efforts have been made to improve the quality of credit information through data-cleansing. By making mandatory the inclusion of the NIC number of individuals together with the business registration number, the CRIB has been able to provide more reliable credit reports thus facilitating the lenders’ credit decisions. In addition to the speedy dissemination of quality credit reports, the CRIB lays claim to a number of operational efficiencies achieved during 2005. With the introduction of the web-enabled credit report delivery system, CRIB’s operational efficiency has improved significantly while reducing its cost of operations. The one-hour service has been very popular and it has substantially enhanced CRIB’s income. Despite limitations and operational weaknesses, the collation of a delinquent credit card holder database was an added facility made available to its members. These witness the high performance of the CRIB during last year and its contribution to financial system stability by safeguarding the financial institutions from credit defaults and inculcating credit discipline among borrowers. While technological improvements and operational efficiencies are taking place, let us focus for a moment to assess whether the CRIB has been able to meet its public policy objectives and provide social justice for a wider segment of the population, although such objectives are not enshrined explicitly in the CRIB Act.